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Member Info for bilbo90


Member Since: Thu, 5th Jan 2012

Number of Share Chat Posts (all time): 1,168
Number of Share Chat Posts (last 30 days): 0

Last Posted: 18 Feb '15



17 Jul '13


Two bar reversal seen at yesterday's close, and if the past three day's trading appetite is anything to go by, it seems to support the notion of trend exhaustion- at least in the short-term anyhow. The ordinary PI trades are coming back in as opposed to trading being dominated by the autos, so people are seeing value again.

Both MACD and K line on the RSI have also crossed to the upside. 4p will be resistance but once above it, I would expect a nice uptrend running up to year end.

7 Jun '13


Those tribune news articles are the most positive thing I've seen on BPC for some time. It's good to see Potter actually coming to the defence of BPC and clearly pointing out that the so is only at this level because of the govt- nothing has changed and everything is set to go ahead as planned.

I also note in the second article, Potter comments on the capital funding worded as "We HAVE two major sources of funding capital, the shareholders AND A PARTNER who finds the prospects of finding oil in the Bahamas equally high as I do, in which they would pay a premium to come in and join us in our license,” sounds like a deal is on the table to me. Also good to hear an update re BISX- "next few months" would take us to end of summer, but at worst DEC, so still 2013.
6 Jun '13


vol approaching 2m in first 2 hours trading.....900k & 500k trades. Something afoot?
22 May '13


Vol increasing last half hour- lots of 100k buys. Spread getting tighter. From a tech perspective it looks as though the reversal could play out here now....
21 May '13


RSI crossed 30 yesterday on the upside, which has historically only resulted in a bullish run of at least 20%. Signals stock is recovering from being oversold. With a 3.5% up day yesterday, and positive close today, short-term trend can be confirmed.

An update wouldn't go a miss either!


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