Sorry, I've got to be careful here, because you almost got me banned from LSE due to our past exchanges. But I'm terribly curious. You're now posting about ALK, in which by your own admission you have no holdings. Over the last few weeks you(ve been posting here about IGAS, in which you also (by your own admission) have no position, unless the SP decreases drastically.
I don't understand this, and I seriously wish you'd make your position clear. Especially as you say that you 'were on leave from work today'. Exactly what 'work' is it you do that you 'take leave' on a Tuesday, your employer allows you to, but you appear to be such a financial guru?
Just for the heck of it, I'll reveal my cards. I'm a professional oil, gas, geothermal, shale-fracking and whatever comes on consultant field manager. 36 years in the biz. And I put the pennies I make into things I think will work, based on that experience, and close information about what's going to come next.
Please be honest and tell all the rest of us your credentials, especially as an advisor to those thinking of investing in oil and gas AIM shares.
I posted on Alk boards and as EDR part of Alk and fracking, here it goes. I was on leave from work today and was doing some research re my next share buying. Alk has been in my sights for a few months ie since posting here and another forum. Read this in the telegraph this morning and another site which i will try to refind that read even better.
The only reason i did not buy is the spread and cant see the sp go up more than a few pence but I get this feeling that Alk may attract a bid.
As always I'm 100% honest and hold no postion as yet in ALK - ATB and DYOR
" I may buy sub one quid for a quick kill, understand!"
Previously it was for a 'dead cat bounce'. Are you now thinking of killing the cat in order to obtain that effect? Not sure what your anti-fracking Greenpeace friends would think about that. Light another spliff and dream on.
Yes, 'Cautious', shale from the USA. Or no, not shale. Oil companies don't export shale, which is a friable and largely worthless sort of rock. But instead LNG processed by infrastructure which was halfway built for LNG import from the middle east to the USA, until one or two smart people figured out that export of liquified shale-gas was possible and more profitable. And are now making packets of money from that. The UK is being very slow on the uptake, because exactly the same thing is happening. Shell's Grangemouth facility, for instance. It's designed for import. Net result? The consumer will be using LNG coming from shale-oil and gas fields (without knowing that) while protesting against its production domestically. And if that isn't daft and hypocritical, I don't know what is. Likewise France, which has an anti-fracking moratorium imposed for some years by those well-recognised petroleum engineers, messers Sarkozy and Hollande. Unfortunately, a lot of France's gas comes via the trans-med pipeline from Algeria. Where although most is currently sourced from 'conventional' wells, a vast 'shale' resource exists and will be coming onstream soon. Agreed, it's from the desert, and not in one's Cheshire mansion back garden, but hypocricy surely has its limits? PLEASE do some research, and don't spread rumours about things about which you know nothing. There are traders, there are MMs, and there are investors. I fall into the last category, and I just KNOW I will come out in serious profit in a couple of years' time. I KNOW the energy industry, especially oil an' gas. 'Curves' and analysis by economists don't put petrol into one's tank, nor ensure heating for consumers' houses during a cold winter. And 'climate change' be damned (though it's true): currently the trend is that globally, planetary surface conditions are becoming cooler, and have been for the last twenty years...
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