Is being held down while other olies like pmo and tlw are going up, POO is higher than last November and we should be at mid 20's and at least at 21p since we had that placing of rights issue at 21p recently.
Theres strong support in the mid £8's which is 50 DMA, TBH sp have moved up too quick, if sp moved up slowly and steady from 2 months back mirroring the rise of POG and POS then we would be around £10 now at least.
Anthing can happen just look at SEPU, and especially FLYB people are saying its balance sheet is sound and takeover price will be 40p plus etc etc now its 1p per share, you just cannot believe everything the dirtectors say or what they put out on the RNS.
Like its getting overbought here just like the POG and POS, POS support at $15, also the petro dollar is rising back up and the VIX Volatility Index is going down which is not good but hope i'm wrong.
Like its getting overbought here just like the POG and POS, POS support at $15, also the petro dollar is rising back up and the VIX Volatility Index is going down which is not good but hope i'm wrong.
Above and one below, 10p gap below needs to be closed/filled first then offers will be either 31p, 41p or 47p, this is imo and i am staying put if sp tomorrow do open at 10p or lower.
Other oilies like PMO, TLW, SIA, BP, OPHR, AMER etc have risen over their 50 DMA and we should be at least at 24-25p now, even the price of oil is rising to $60.
Is same price as last May and June, SP should be between 1100p and 1200p. Balance sheet is better than before, profit is probably abit lower because of low POG and POS of last year, but now its POS and POG is so SP should be the bottom now.
This is going up, me, my friends and people i know bought loads of trainers etc from FOOT using our student cards, getting 10% to 20% off and then sell them on ebay for a profit, another way to pay my tuition fees.