Member Info for BarkingCrazy

Whens the result of OO due.

MM's were taking in stock in last hour ready for Monday. It wasn't possible to buy any in last 10mins so only sells show up and drop price.

On the up again today which always helps when you've just discovered a shed load.

Daily Chart turned back up now looking good for traders that sold first thing getting back in.
I know it's often said but YOU REALLY WOULD'T WANT TO BE OUT OF THIS OVER THE WEEKEND.

Hope your not getting confused with your Congo's Johnny

JohnnyB.Dum I think youve missed out the DSP(David Sefton Podcast) it kind of blows away any doubts on whether it's commercial

With this mornings gap up we would have seen profit takers and shorters move in so no surprise for a bit of a retrace from opening high. On technicals it would be good to close the gap first and then move on.
One things for sure as the day moves on folk will be positioning for Monday RNS and shorters will close so expecting a lively late pm session

It's not often you get such a clear heads up that a stonkingly good RNS is going to be issued. O and by the way I'll give you a day and a half trading to get in before we release it.
Theres going to be loads of folk that haven't seen that podcast yet so still plenty of momentum left.

Not exactly lit up the SP.
AAOG have done a podcast this lunch time and their SP has gone from red to +16% since.

This mornings price action should be seen as a positive. I suspect the MM's were short of stock and have used this RNS to flush out some less well researched short time holders that have panicked. Along with some Elf scaremongers to help the process along there is now some stock available to sell at a higher price later.
Pullbacks are necessary to make a market and this one will be very short lived. Not expected wireline news till Monday but am expecting a blue finish today.

yep I've got 500K they can have @ £1

Shot up $2 a barrel in last couple of hours, Good time to release wireline results!

Probably a bit ambitious that.

Delayed trade that was worked earlier almost defo a buy

To be fair you probably wouldn't start tweeting pictures and booking interviews unless you had something good to say. So bring it on Dave and have a few Jelly Babies before the interview just so the sugar rush makes you look O so excited!!

I actually don't think theres going to be a problem as on the last conference call they seemed very confident that OO would be a success. They stated that they had received support from the larger institutional investors.

I think were going to struggle to stay blue today. markets taking a bit of a bash and POO is down again. Calm before storm and hopefully more great news.

If the Company does not receive the proceeds of the Open Offer, the Company would be compelled to seek alternative forms of finance

Well lets hope the offer is fully subscribed as we don't want them going along some death spiral financing route with forward short selling and all the delights that holds.

Personally don't think we will get wireline news till next week, after all theres alot to test!. Could do with license news in the mean time to keep momentum up as some traders will see next 3 days as opportunity to have a play.