only a quick one as watching footie arsenal they want your shares i got more today i trade a few and add when possible tmw i will buy again a few i belive this is superb value in a year got to be double and if in time production comes 2 pound if it gets there im willing to chance it atb mm are takeing the mick if i pay to much not to concern as im sure i will win in the end come on for march farm in lol
if you're trading AIM over the short term. If, however, you're investing for the long-term, or rather "long-haul!" (in this case), then I'd say we're approaching attractive levels for topping up, safe in the knowledge that some of the overhanging downside risk from last summer has abated, but without it yet being reflected in the price (at least not on a sustained basis). Personally, I believe capitalising on Darwin is now more just a question of "when," "how," and "with whom" rather than "if." Just my opinion but I don't believe 200+ million barrels of light oil is going to stay in the ground forever, not least because there are half a dozen other prospects in close proximity which "could" mean the resource in place is significantly higher, increasing the likelihood of moneterisation - assuming there is such a word :)
It would have been on the last spike and was very tempted myself, although i very rarely short AIM shares as usually isn't worth the risks. Personally I wouldn't be from this level as the risk/reward pay-off wouldn't be great, maybe 15 per cent downside (could easily settle around here though for now), and an awful lot of upside if news did come out of the blue on a farm in or some more drills sooner than expected. Just my opinion though and am not looking to go long at the moment either.
One of the forums/blogs I had been following recently.... I think it was one free share tip...Had recommended that this share was a good one to short at the moment.... I am long and holding at 33p... What is everyones thoughts on this ?
Looks like the bounce to 24.5/25p i mentioned in my post on Saturday came, but had expected it to have a day or two back at that level and not drop back so fast. It could well find some support around this level as it has done previously, but really needs some news to hold it up - just the way of AIM these days and why i tend to trade more than invest, although often those trades are a bit longer term and based on news. Far worse shares you could be in (including some of the ones that have seen big rises lately!). ATB.
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