Member Info for Jace86

Only getting quoted 2.51 so those others may be buys

Getting out with something is always better than getting out with nothing... Park your cash then look at increasing it with small trades and be sure to pull out when in a profit rather than hoping for millions in return. If you have the spare time learn to look at MACD's and RSI's. Pick a good low entry point and dont be ashamed of running away with ten percent in your pocket as when time goes on, that ten percent can equal alot of money each time! I'm currently not trading with a massive amount and splitting my strategy between trading and growth and de-risking when I can now as the eggs in one basket approach has given me a massive wake up call. ATB

Looking at holding RNS but how are they turning their profit warning about to warrant a higher SP? Seems this is only good for a trade...

Never say never Bolton - I lost here too and sold earlier in the month and lost in ADL too with its triple whammy of bad news. There are some diamonds in the rough but I'm learning to slice at every opportunity now and not leave too much in to be taken away to firms like this.

Only the one placing? They could carry out this "financing soon" for another year and a couple more placings still

Issue with this company as well is when they do place they do not care about the SP at all and have historically placed at a discount, pushing LTH's into loss after loss.

The oil reserve they are sat in with their stake in Shorecan is massive but with the current Nigerian President, doesnt look likely to be approved anytime soon. Risk is if Essar are told they have nothing in OPL 226 then this company has little too.

Aside from that theres also the issue of approvals etc...

Project is worth jack all until it gets underway and is properly financed... "Nearly financed" has been touted for over a year now. Placing coming soon but before that as I warn, there are rampers only intent on making a quick 20-30 percent whilst they then leave the rest to fight amongst what's left. Even after financing they have to hit the black stuff and it has to be good black stuff that's actually worth the effort of taking out of the ground.

Starting to ramp this share... maybe see 0.3 if it's lucky. Average then sell out before the next placing as Art will only do the usually of screwing every LTH this share has.

Nsci looks like that... here there are several rns indicating what the company is aiming to achieve.

Wouldn't mind that although my account doesn't post much, I tend to just follow to see what might be going on. Same annoyed me on adl when I was in there - all sorts of political nonsense about Jews, then there was buses, clothing and tonnes of posts in Italian relating to football! Drove me insane!

Question as well is which broker will risk their rep to get clients in here...? They've repeated themselves over and over now... colter, fair enough that was a failure but what should be questioned is the legitimacy over the bunga expenses and Eagle. There's a lot of cash unaccounted for too imo!

Wouldn't be surprised if we eventually see another tr1 indicating an increase or another party.

Thank you rkb! I intend on holding here and hope to add when I get funds available!

Not bothered... gives me time to try and accumulate... GM is booked in, plan is laid out... Think of the companies losses as an asset too! Get a few mil worth of losses on the book in the RTO and the ability to raise funds and appeal to a wider market? What's not to like...

Screams avoid to me then... ramped up by a few to leave others holding the baby?

Why has this shot up?

RTO would give just under 0.5 here... nice target to have. Obviously this will be traded up and down between now and then... plenty will be aiming to get a free carry forward.

Shares have already hit the market. I'd expect a small suspension when this goes through plus a consolidation. Surprised a consolidation hasn't already been mentioned in the GM rns. Real chance of a 20 bagger though...

But managed to get out only by setting a stop loss higher than the price quoted and left HL to it.

This should move along nicely now!