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I'm all out of eo. now, put money in xel last week, good move I think. Have a look at BMR, good long termer but not too heavy in.
On the next rns it will fly if commercial find. There is still more to go yet. EO. think its having a price correction as I believe it was overpriced. Patience you do need, non patience is an easy way to lose money, considering you've been trading for many years I'm surprised you haven't learnt the patience game yet. I've made mistakes too in the past but now I'm more the wiser. In AIM mm's can do what the hell they like with a stock. They can force it down to trigger stops and collect shares to then sell them back to you at a higher price.
Why would you want to sell at a loss, you don't need the money. At least stay in until the results of current well, if they hit you will make a bundle, and if they do hit and you've sold at a loss, you will be gutted. If they miss, you will also be gutted. Just keep them I notice you keep jumping in an out at losses and then going back in. You should have some long termer where daily fluctuations do not bother you and then you should have some that you can trade where daily movements do bother you. Decide which ones are longer term and which are day trading, then act on it. Don't keep jumping in an out unless you're trading esp at loss. Bought MXP yesterday at 16p for the TD results, think it could double from here if good which I'm quite confident it will reading the last rns.
Due to TD around 7 October. Just hope its not a duster. btw I'm well. Took a small punt in EDL, like pocket change punt. XEL have spudded TD 65 days, plenty of time to get in that one. In EO. for long term hold now. CHL long term hold now too. Got into GCM too last week. All long termers. Taking a break from trading a bit. Only will do 1 a week.
Didn't understand why you sold blvn at a loss as well, they always recover. TRP rose 20% on friday in anticipation of seismic results, may get rns tomorrow, may see past 5p on rns then retrace. FPM should TD end of week beginning of next week, hoping to see at least £2.50 on successful find. Look at PELE rns this week possibly.
Sold most today now carry free shares, will see what happens on monday on rns.
I know can't bloody believe it, went on the school run, came back and saw it dropped to 11p but then recovered a tad. Just hope they release some good news this week to sustain the last weeks rises. BLVn am going to get back in nearer their td. Bought FPM today morning before the rise, well you know the rest, waiting for the TD results. Just ****ed off with bhr at the moment. My target price was 15p but thought no I'll wait for the news. I should just stick to my plan from now on and not look back. bummer
Took a punt in SQZ, they had 2 dusters this year, almost at bottomish if you look at chart, maybe 3rd time lucky, under 48p is worth a punt. 40% cos. Also in bhr waiting for news this week, i would like to see at least 20p on news, its been rising 1p everyday since last week. Did have npe but sold last month, shld have held onto them, but oh well. Have been trading eo. for the past few months, made money, will get back in them soonish. GOO - if you've got a few spare k's put it in and leave for a month, see what happens. Will have a look at the others you've mentioned and good for you on your profits. BTW you've had runnings with TheTraders Focus have you in the past.
Check out their rns 26 july, they should td around 7 oct, if they hit Ann Marie prospect 12.5% interest we should be looking at 200p minimum I think.
Well I'm only in because of the feasibility study that is due out this 1/4 so anytime now till maybe mid oct the latest, should see an sp of 150 minimum and for long term hold since China/India running out of coal. I mainly do oilies but have chl and bhr in folio. Also take a look at GOO, something is going to happen in the next month, it has risen today already. Check out BLVN, FPM, MATD too.
Just read it, never invested in them as didn't think they had a chance of hitting oil, more likely gas and mkt doesn't like gas. However they do have other assets in Madagascar so all is not the end, will take about 6 months to recover I think. Have you looked at CHL, news due this month.
I thought as much, why fogl, they don't even have a rig. Rkh not going in now, since I missed the boat on that one, wish I never sold my shares but hey ho wasn't meant to be. Made some money in NPE, haven't gone back in, put in xel in the 60's, up today again. Just one question, when xel spud, do you think it will retrace on spud or continue the trend upwards? I'm inclined to believe it will retrace and stabilise at a lower level probably the current sp and then start to move up again closer to TD in expectation of good results.
Check your L2, it hit 163 high for a brief moment today, probably on rumours from an article that they are looking to go the Main list in 2011. If another opportunity comes up where I can multibag my investment then I will sell half to put in another like fogl as I believe once they start their drilling campaign, only God knows when that will be, if they hit, it could go a lot higher than rkh, as they have more oil in the southern basin plus there is no politics attached, has the full support of the UK Gov. which makes all the difference to the stock. Are you in XEL?
Well gkp has risen to 160 today, thanks for your response. good luck in your investments
You stated below you have some inside news on gkp, what is it? talk to me..
appreciate your response. I've been holding since last june 09 so am well in profit, but just wanted to know your reason why you wouldn't touch them, you've told me what I don't know already, I'm fully aware of the risks involved. The way I see it is, Bush had the war planned decades ago, they knew oil was there, they wanted it, politics are being sorted as we speak could take a little longer but it will get sorted eventually. Pru did not buy 40mill shares blindly, II's know more than us Pi's, that is a fact, (I know this from husbands dealings). Yes higher level of risk than others, will never buy/sell based on someone elses opinions, I also do this as a hobby, gives me something to do. I just thought you might have some info that is not in the public domain. Don't see £10 not even t/o to be honest, think it will be sold cheaply at £4 tbh. In all honestly wish I was in rkh from 30p, missed the boat on that one big time, but note to self, will not miss the fogl boat when it comes round. However FI stocks ramped up to high heaven, des no oil and sp at more than gkp!! can't figure (well can really its politics). I do have traders/investors in family who hold gkp shares in the millions, so they can't all be wrong. something to think about. Just wish they get taken over soon so that I can move on. Good luck in your investment.
What I mean to ask is, is it just your opinion you wouldn't invest in them, or do you actually have any info/or know something that is going on behind the scenes?
why are you so dead against gkp? would just like to know?
predictions do you think we'll see this week? anyone. Will we hit 170?
I'll stop talking to myself now.