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Tacotaco..
I disagree too
Directors are pumping and dumping....
Greedy lots!
I put a stop loss at 10 p just in case..
And I need to buy an axe!
Something is brewing... there is no way that within a couple of day 4 insiders are throwing money at this just cause its cheap especially in such a dire oil environment.
Looks more like a rush to grab at any cost (75p, 81p, 109p) with whatever spare cash on hand before some sort of buy out.
Anyways hope i'm right!!
It's in the best interests of all G LT holders to see the price restored steadily and sustainably to pre-crisis levels. For those who have sold on the way down, choosing good re-entry points is important in order to protect capital value. There may also be opportunities to trade during the recovery if the price gets ahead of itself - as apparently occurred yesterday.
Should OP recover to $40 (and there is no immediate sign of that) and if KRG payments resume, what sp would be realistic? I would suggest 120 to 150.
Greedy..eh
RNS - Sir Michael Fallon has bought 9,000 shares.
Ftse down over 120 points now...
G sp had massive rise in the last one week...of course many margins traders and short term ones will take their profits ...it is the usual thing happens all the time..
Scoopy doo charts don’t work in market crashes and turmoils and even in stable markets 52% gets it wrong....
Holding strong here for many potentials in cash rich company with big dividends...other issues will be sorted with krg...
Hydrogen...no greed here...just G appears very strong and where else could you buy a better stock!
Unless you have panicked and sold many of your lots at low and now wanting to see sp lower to buy in again...You wouldn’t do this ..would you.....tell me more!
GL and keep your nerves:)
On the 5 minute chart, if G were to 're-sync' with GKP and RDS in relative terms, it would be in the region of 82-85p - much as Jack has concluded:
https://invst.ly/q8vmm
Daily fluctuations are irrelevant but recent upwards trend is..
Profits taking after massive rise yesterday are inevitable for short term traders but cannot stop the trends and momentum...
Will see in the coming days and weeks..
What is good for the recent big purchasers is good enough for me..
“Money always travels from impatient to the patient investors “
As a couple of folks here have observed, G did overstretch itself yesterday, and being corrected today. Here is 'the story' showing the FY Results last Thursday and the buying spree since, with 3xBrent, RDS and the FTSE100 for reference:
https://invst.ly/q8vgb
Don't forget that G's daily story often depends on the afternoon and even the last half hour....
Very good Hasiba - but, like you seem to, I want to keep some pf my cash working hard.
As I'd have to flip a coin about tomorrow's direction I decided to take a definite profit. If G goes up I might sell some more (it would really have to hit 150 to be worthwhile but if it drops to below a quid then I'll top-up. ATB!
Whaaaaat you sold some late this pm..
That is it...door in now locked and keys throw away..
If you want to sell then go to court and get a warrant to break in and sell with police escort.
What is the matter with you guys ....we all in it so hold and ride guys or I will put a huge double locks on the gate....lol
“Good luck on whatever you feel best for you”
A quite excellent day, obviously.
G not playing by the book but, for once, in a very good way. An interesting dilemma for those tempted to trade: whoever has been buying is paying no attention to OP or COVID-19 - some degree of recovery is now built into the price, unlike most of the others on our usual chart: https://invst.ly/q8its
So: will they keep buying or will the price drop back - bearing in mind it is now somewhat higher than the market and OP would ordinarily support? Just also bear in mind the gap at 128-137, which seems a lot closer than when I mentioned it earlier:
https://invst.ly/q8iuo . I did take some profits late this pm but my core holding is very much intact!
Good luck all.
On the way up, btw it may be worth noting a couple of gaps:
97, the lower of two marked here, has just been filled. The next is a lot juicier at 127-137.
https://invst.ly/q8ge-
These may, of course assist with planning stops....
Genel and the market rolling along nicely today, with the NY exchange now starting to kick-in, let's see how the afternoon goes:
Last four days of the usuals in 5 minute bites: https://invst.ly/q8g3q
Seems I was overcautious yesterday - yet the virus, payment and OP issues are hardly put to bed are they?
Stop losses to protect valuable gains against retraces?
Well all the ducks are lining back up after the last three trading days, with RDS reassuring investors and OP holding fairly steady since Thursday:
https://invst.ly/q81z9
Presumably your buddies have stopped buying for the moment H?
G still strong at 3x OP but falling back more in line by today's close.
IMV, G will only advance significantly and sustainably when OP and/or the other thing improve.
I just acquired a few but kinda expecting G to move lower again based on people being a bit over-optimistic about moving on quickly from C-19 and the direction of OP in coming weeks.
Share price rising rapidly as the case with G from 56p to 91+ p is massive in a few days only so it has to pause before another major rise...
We obviously need krg to cough up before 31/3 to give us an extra booster...otherwise it will be a setback..
All good here imo
granted I am a greedy so and so but thought we might get something out of todays market, or are we saying we'd be down 10%+ down in a neutral market, if such a thing exists in the current C-19 environment.
Some slackening-off for G today after two spectacular trading days. It will be interesting to see how it performs after the US market opens. Last three days (from Thursday's close): https://invst.ly/q7z8j
Interesting H.
No bunks, I was not on the right track. Expected a drop back below 80p. But H's post explains why G has not moved quite as expected and often in the opposite direction to RDS and Brent.
Beautiful to watch the last couple of days: https://invst.ly/q7msj
It would be good if it fully regained the 90p support AND the bottom blue trend at 92p here:
https://invst.ly/q7mp8
Boyo - an hour or two from a master stroke today, well played sir, no cigar this time but you were on the right track for sure.
That's a trick worth remembering. Ha!
That performance v OP is better than when G was around 180p on 20th Feb. Woud put it over 190.
Continuing reaction to the maintained dividend?
It was quite an expression of management confidence in Genel's future prospects.
US market making the difference it seems.
Interesting price action around 2pm, with G pushing 3.2x Brent on the boyo ratio. Here's how it looks on the daily chart v 3xBrent: https://invst.ly/q7jzo
... and on the last five days v Brent and the others: https://invst.ly/q7k06