I like the idea of 5 blues in a row, but I am not sure about today, Wednesday's have been poor in recent weeks,Thursday could well be blue, and I think Friday is a cert as everyone wants to grab some last minute actions in anticipation of the big RNS dropping on Monday morning
AEX 6th Feb RNS: Preparations are currently underway for a comprehensive well testing programme and the Company expects to have results of the flow-testing and ongoing petrophysical analysis by late February.
Two days this week bluer already. 3 more blue days to follow.
Simply follow the money. AEX is flying. Ask yourself why? IMO we have a huge find. The details of which are just days away from being communicated. Forget the sell on news predictions. Do you think there will be buyers if the find is huge? of course there will be. Will you sell if the find is huge? No nor will I.
The MCAP v size of the find are the important considerations. A find of 300bf should move us into the 1.5p range and 500bcf 2-2.5p range. Beyond this and it will be much more.
At these times it is key to keep a clear head. Its moving north. Still think we will breach 0.7p by the end of the week and then riser rapidly determined on the size of the find.
There has been some interesting posts on here today. Some valuable comments and some not so valuable. But that is only my opinion. To say a SP will drop like a stone after a spike is ridiculous especially after a great result RNS. There maybe a slight downward trend, but drop like a stone I don't think so. But then I haven't got a crystal ball, great news coming soon GLA
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