We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Nope after this consolidation we should be straight up to 6.5p plus watch this space, too much on offer here, 12p plus on rig news as we start the journey to become producer
I honestly believe this is an attempt to panic holders into selling, and to trigger some stop losses so the MM can gather as much stock as possible ready for the immanent RNS confirming that production is due to commence and Rig etc is scheduled. GLA hold on to your hats.
I think this is similar to a couple of weeks ago and we will see some lumpy sells from the remainder of the placing, all good though as the churn is being cleared and we now have investors up to 5.1p holding, I doubt we will dip below 4p
MB told his pals something we dont know?
SP taking a hit now now because of the so-called blue chip holders probably selling.... Looks like this may continue everytime we get to 5p.
Pull back very normal part of an upward cycle . The reasons to invest here are very obvious. The trajectory up , down , consolidate. We are at a fraction of where we will be and I’m happy to add
Pullback but the chunky trades at 4.9p point the way foward
Soon be pushing North again.
Hi FA, I tend to spread my investments around and I am not here to push other shares. This has a very low MCap and a lot of upside. Like 88e the weather creates a drilling window and therefore a window of interest. The challenge is to do the research and then invest in good time before the excitment builds. Only a liar always invests at the bottom and always sells at the top. Experience shows it is usually best to skim some off the top before the drill result is known but hopefully this year will be different. Time will tell. In the meantime we should all enjoy a decent rise over the next few months as excitement builds and news flow increases. GLA
88e was my Easter miracle stock of 2021 ( a great escape having been massively underwater) and Matad was my birthday miracle last May. I had also held Matad for ages underwater and sold the lot (except for 50000 which I held just in case) at circa 8p. I am back in both for this drilling "season" but unlike last year I believe that both are better placed . Here's hoping that this year Matad brings it home. GLA
Interesting strategy; however, I wouldn't call selling @4.6-4.8p "high". Good luck with waiting for the price retreat.
The RSI was getting a bit on the high side, so a short pullback is no surprise.
Set a higher low today or over the next couple of days and off we go again (unless we get news first)
I’m nice and relaxed about MATD :)
A profit is a profit however you look at it be it 10% or 500%…some here happy to take the former a few like me more than happy to wait for the later…there are no wrong moves….but you can be sure any who have sold out will either buy back in very soon or will be kicking themselves. :-)
abzzba: You call them "brave" I would call them "chicken".
Selling at this point makes absolutely no sense at all.
Or on flip side brave to sell high and accumulate more as the price retreats for 2nd time In recent weeks . Maybe some think the news is a little bit away yet
Fairanalyst, I was reading your posts on COPL. I don't necesarily concur but as a holder of Matad was interested in reading your posts. I see you like oilers and Gold. One to add is banks. Banks love rising interest rates ..all those current accounts where they rake in cash and don't pay out anything. I bought more here earlier todayand expect an interesting ride in the coming months. Like COPL I think we just need patience because everything is coming together. We just need those RNS's. GLA
5.10 was day high. Quite a few other trades also over 5p. Bit of pullback is normal. Gives others another chance getting in sub 5p before we have a crack at 6p. However if drill rig news lands tomorrow or later this week, then straight back to over 9-10p and higher in my view.
abzzba: You call them "brave" I would call them "chicken".
Selling at this point makes absolutely no sense at all.
Abbzba
Or it could rumble on for many more weeks/ months as has often been the case with MATd's track record
Given that the rig RNS could land anytime these are brave people bailing out for a few percent profit.
You know what the fat cats are like they never want to pay the going rate on anything... MM's want those clients happy.... big fat order trying to be filled once done 6p will be here in a day or 2.
after 7 blue days in a row its not surprising we are down a bit today, plenty of new buyers near 5p will be holding so its just a period of consolidating till the next leg up
..... looks like a ramp for one of Evil Knievel's jumps.... its just catching a breath before smashing 5p ina ground & Pound.
Fence sitters beware not long left Sub 5
red ending to this day. But then again: Who cares? The upward trend is obvious and will continue for a long time imho.
08-Feb-22 08:26:57 5.01 200,000 Unknown* 4.75 4.85 10.02k O
08-Feb-22 08:26:54 5.01 250,000 Unknown* 4.75 4.85 12.53k O
these 2 trades were definately sells as thats about the time i was offered 5.01p to sell 500k
However there must be further delayed buys to print that would have allowed me to sell that many at that price at the time
Chunky buys just after 8am.
Big times ahead
Thanks for the explanations, much appreciated.
I'd love to buy more. Managed to bag 50'000 more the other day sub 5p but that's all my funds dried up now unfortunately!
GLA