Got to say very surprised by the SP reaction yesterday although timing of RNS release was particularly poor given that POO dropped 5% yesterday.
I was expecting high 30's yesterday at least but at least it has given me a chance to add to my holdings.
What a fantastic opportunity - I was kicking myself last Friday for not adding but have now had opportunity.
I do have to add though I agree with some of the derampers that the sensible thing to do with AIM is to sit on sidelines and wait for RNS before buying. With the reaction to good news so poor I do question why I have been holding over the last few months!
Morning to you too - I had a feeling it would be fun and games so mentally switched off
Ultimately whatever the oil price I'm happier sitting on one which should have it's sp virtually covered by cash in the bank then a couple of my others who are looking for cash and have subsequently been punished more.
I'll be happier once it actually lands there but it's the same as selling a house as we all know - you exchange a contract you feel pretty good but you still want to see the money in your account
I think that when all is done and dusted BLVN will probably be one of the best bets at these prices - but people have to do their research and decide whether to wait out the oil price rout or endure a bit of turbulence with the expectation of getting in at a better price.
As our resident self styled sage says it's not his money and he is not qualified to give financial advice so shouldn't be telling people what or when to sell or buy - certainly his most recent would have clearly been very wrong and people would have either lost a lot of money or not recovered the amount they should have
When he was first posting he was telling people to buy AIM stocks as there was a bull run coming - that was clearly incorrect as well - we've all got it wrong at various times and on various shares and it's how you dig yourself out of it that saves us and it's not blindly selling when the sp is at it's lowest = all you do then is crystallise a loss. If we were that brilliant we'd all be sipping champagne on a sunny island not posting on a BB
Morning, yes, he writes so much sh*t folks need to be reminded sometimes that the self proclaimed prophet is something of a charlatan :) Nice to see you this am, after yesterdays disappointment in the market yet again we just need more patience. lol Something we are really good at here at blvn!!!
I would have been happy with £17/18k ;-) in all seriousness though I was expecting a half reasonable increase - we were at 47p with the EEAA announcement (admittedly with higher oil prices) but considering the cash we are getting I didn't think my expectations were unreasonable. There's obviously a huge concern about this project somewhere, I assume it's viability at current oil prices.
Anyway, onwards and upwards, I'll go back to plan A for paying my tax bill in a few weeks and leave these to stew nicely over the next few months...
Chris, you predicted that we would trade in the 18p to 22p price range for the next couple of years only a few weeks ago, not so right there are you? You call so many things that you are bound to get something right sometimes! However despite you coming on this board shouting me me me, you at least in your last post managed to say something correct and i quote: "I know nothing" .......................lol ps.........if you are so clever show us your shorting trades on oil?
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