Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.1650, and our valid average buying price stands now at 0.1653.
You are probably right. I have always been under the impression that SS received shares rather than a salary. Nevertheless he is holding one hell of an amount of shares and although he is a rich man to lose his shares I would imagine that it would be a very bitter blow.
Rita and Stephen have over the past two years appointed a couple of very astute guys to the BOD who together form a superb team. The diversity of each Director only adds to their strength and IMHO i would hazard a guess that they would have an alternative plan if the doo dah starts to hit the fan. At the end of last year they announced a diversion into Gas Wells with a partner and we await the results due any time with better than expected production figures. AND don't forget that Mr. Snead has since the enrolment of MAGP to AIM been paid in shares. Can you envisage him and the others who hold sizeable amount of shares letting Maggie go down the pan. I don't think so. No one foresaw the oil crisis but it appears to be on the mend with oil prices recovering. For the past couple of weeks the 'soothsayers' of the oil world are predicting a recovery towards the back end of this year and the recent prices are reflecting this. I have been with Maggie from the outset and nothing in the latest RNS will make me sell my shares.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.