Member Info for jarnold231

Nearly...

I understand and respect your position, but to my knowledge you've been in this stock (or at least posting on this board) for at least the last 3 months - during which time its dropped below 100p on at least 2 occasions. Why haven't you sold out when this occurred? It seems to me that there is some resistance at or about the 100p point, and all the broker/investment research I have read pins this stock as one of the best midcap oilys to be in this year (good potential for new discoveries coupled with production). I've got another small wedge to invest and its between this and OPHR, I'm under water on both, but I'm tending towards this one based on the fact that they're in production.

Read that this drill was priced in at 13p PS suggesting that its been oversold today, probably activating a few stop losses at 140p. Bounce tomorrow? Fingers crossed.

What specifically makes you peg this at 180 by the end of the week? Not challenging, but I've been watching on the sidelines for a bit and am wondering about an entry point. J