Member Info for BeginnerFeb07

LOL strange, no bounce??

Yes, not good for my petrol bill, but good for all oil companies. 92 to buy now? can easily sell @95-100. quick profit for all day traders, so I d guess they will start getting back in now. I hope 100p finish, & rise more tomorrow, due to GED is undervalued, & oil price on the up.

Buy, oil on the up. from the news: Brent crude was trading at $116 a barrel this morning but it rose to $118 when news of OPEC's indecision broke.

News Sky News 2011, 15:47, Wednesday 8 June 2011 Petrol costs look set to remain at record levels as Saudi Arabia's call for oil production increases is deferred.

LP 99 101

97 100 now, say bye to 100 soon? lol

Lp 95, 100

testing 100 now, mm...should I buy more...

LP 102 104, lol hope to see it has support @100. mm...should I buy more if this is below 100...mm..

If they keep the output, then think we will rise more. If they say + supplies...then I m not sure, lol we will see. In the news- five countries -- long-time price hawks Iran and Venezuela plus Ecuador, Iraq and Angola -- say they see no need to increase output. All want to keep oil prices above $100 a barrel. Brent crude traded near $116 a barrel.

Up again, 107-109, big afternoon rise?

LOL I m not too worried, just saying some people r waiting for the news before making decision to get in or not. Ticking up now, 106-109

I think people r waiting to see the OPEC decision of oil output to increase or not. & I also found this news- 12:09, Wednesday 8 June 2011 LONDON (Reuters) - The global oil industry found the equivalent of only a fifth of the oil it used last year, BP said on Wednesday, adding fuel to a debate on whether the world is running out of oil.

get ready for the afternoon rise. I still believe there r more to go. still undervalue

110 to buy now

gigi, because GED only have 35.77m share.

115 now. Holding well above 110, should see more buys coming in now. Only 35m share, we should see 100% rise today.

No, I m in again @110 lol

hi tomc1, I was in @104, out @112, bank in profit first....so will u buy in again?

I think Goldman Sachs gave a target price of 157p on the 8 Nov 2010, & that's before this 100% up in production!!, so we can guess an upgrade to such target....157+, what u guys think?