Member Info for bigted

Hi Debbie, hello all, just catching up after a long day working, (well watching others work, i suppose is more accurate!) trying to catch up with gossip, loads of recommendations, i have sold a few shares this week to hold cash for a change, it helps you to make better, clearer dicisions (was going to buy HML @3.5p & MIL @ 9.5p) after falls but find you don't tend to take the plunge of it means using t10's... If anyone wants to wish me happy returns for monday, please do, i'm having a bottle of wine as a warm up, cheers all...

RDS... Yes, with miners underpinning the FTSE, and gold rebounding so strongly, i believe i have a right to be bloody annoyed with my portfolio, although after selling 50% of holding in CHP, as the drop looked inevitable, it would have been nice to bank a serious gain, alas it never really materialised, adding to VOG and EME at what seems at present like good levels - time will tell... onto next week, also hold PXC so heres hoping... Right time to open a bottle of wine...

BLR hope tomorrows interims give the market a (pleasant) surprise...

CHP now i'm getting the back up, people suggested i was mad earlier this week, when i said 'if' it heads back to 12p, why not? as i said primavera is old news and they haven't extracted a single drop yet...! Just one thing though, year end is tomorrow, when is it reported?

Didn't set a limit buy, although would have been @ £8.50 as i mentioned earlier, went out this morn and by the time i got back it was recovering from its £8.60 low, i feel this was a good buying opertunity as i stated earlier and yet i didn't act on it, if only i started listening to myself a bit more i might increase my success rate...!

CHP... but, not strictly true, i actually held these as Gmos, and came home one day to find after name change they had gone from 11p to 1p so as CHP they actually were 1p honest... (we actually were given a small holding in MRL...as well, nice of them!)

Not really broken, yet, (£9.00) it may have gone (well) below but at the moment it doesn't want to stay below, maybe if it tests it a couple more times today/tomorrow it may stay below particularly if it is downgraded...

BUR... The market has already factored in substantial gains hence the rise from £5 this time last year to £10 approx recently (and from £2 this time 2 years ago) this is a fantastic rise, and the company needs to continue to accelerate its reserves to continue this uptrend, any dud projects (as announced this morning) will be detrimental to the sp, however with the number of pies they have their little mitts in, it should be a temporary blip, surely cant hurt at this level...

BUR... yes, it takes some reading to digest all the RNS, had to stop, and have a coffee half way through...! market knew in august of sale of 3.5% of mboundi, agree couple of dry/contaminated wells seem to have scared the market, but lets face it, thats only a small % of their total operations, bought some this morning after results but before the sell off, although not a large amount, but may add in next couple of days if i can get close to £8.50, i would imagine not as one would imagine £9.00 is a good natural support level, who Knows? but the point is this is a multi project successfully run business... i see this as a blip...

Mboundi oil reserves cut, but something in the pipeline...? they stated they expect to increase bopd to 36k to 37k, i actually see this as a buying opertunity... (at £9.00)

CHP... I used a word 'if' which was misconstrued, when it tested support at 16p and went lower, i felt it may drop lower in the absence of further news, only because the market doesn't seem to work logically and the sector is being battered at the mo, lets not forget prior to this rumour it was 6.5p so has increased 300% despite the claims of what the current NAV is... I personally would have thought it has support at 15p as the potential of this company is so huge, best thing to do is wait, the quick 100/200% gains everyone was expecting after announcement never happened, (unless you bought at 7p) now everyone must decide wether to hold or move their money into the current 'hot' stock...

RDS wonder how many got burnt on this one yesterday...!

RDS... Not biking yet, been getting back to gym, and busy with properties, oh and drinking copious amounts of wine... wasn't sure whether to buy more EME today, although in quite heavily, but decided will only do so on negative news from eagle, reckon another 3/4 weeks of correction to run, before gold rallies strongly (should effect the entire mining/oil sector) should hopefully see some green days...!

and hi...!

PEN... could be delayed reaction, but take a look at SCO, sometimes the market makes no sense of these things...

BUR... Cynic, is the market expecting not so upbeat, update tomorrow, or is there another reason for this drop, i'm tempted to have a nibble/gamble...

Well said, it looks like people are trying to will the sp higher, i've already said that day traders rule short term shifts, you would think news of the contract would have set these alight, but it seems it is going to take a drill bit to make it move...

You mean it found support, it hit resistance yesterday very quickly at 18p and that was after the positive news, if this share was going to take off, yesterday was the time, the news is now old, i am in this one quite heavily, because medium to long term i think it will be a star, i am not panicking, i am merely stating that the mm's will love the next few days trying to get you to prise with any of your holding, imo... who knows it may go the other way, maybe institutions having a sniff, but recent placing has satisfied a certain demand...

CHP... put a fill or kill in 10 mins ago for a sell, missed it by 10 secs, and down again, panic sets in, this defies all logic, yes a lot of the sp had factored in the licence, but if this is heading back to 12p after gaining said contract, there is something seriously wrong with the markets attitude to oils at mo, i am going to leave things as they are for at least a week and if they settle at 12p i shall be in for another chunk... i feel i've missed the chance to sell now, no point, the mm's are trying to scare you...this will start to become one of the most undervalued oil stocks around if it continues to fall...

RDS well this is certainly a correction we're in the middle of in oil and mining/gold sectors, i thought it was starting just over a month ago, and every time prices seem to recover, they only fall back further, i hold or have held around a dozen oil/mining shares over past couple months and am now down on most, i will hold now as the corner could be very near, its a shocker that after finally being awarded the primavera contract, CHP ends the day down half pence, the % of day traders is easily out numbering long termers out there, we have to sit and wait, going back a few years i held Dana petroleum at 13.5p after they were recommended as vastly undervalued, but got bored after they hadn't budged within 6 months... i think i will keep all my holding in chp, regardless of its short term selling pressure...