Member Info for Overtrader

The Director's like it at this price and the chart looks nice. That's good enough for me.

It's the same LSE that rewarded it with an 8x increase in 18 months not so long ago. Whatever the headwinds it's not the market.

As a new visitor to this board I wondered if your post might have some merit but a quick glance at your posting history tells me all I need to know.

Haha I highly doubt that!

Just taken a postion here, quite volatile but the overall trend over the last 6 months has been up. Investors seem to be gaining confidence and sellers are drying up. Further upside seems likely.

Because there's an equal number of buyers/sellers. The longer this consolidates here the less selling pressure there'll be when the main news arrives. It's a great looking chart.

Nothing has changed since last Thursday's update which is worth re-reading.

The smile of a man about to secure his pension..

Nice rounded bottom in and holding above the 50 dma. Looking bullish from here.

I for one have appreciated the progress updates we've been getting. I'd expect the next to be in a few days after the drilling has completed and the start of production testing.

Stocks tend to move by price levels. 7.4pish would complete the shape and would be an area of interest to traders/investors to watch how the stock behaved at that price (a price where it has previously sold off).

Figures in-line and it's easy to overlook the value of this additional revenue stream for an exploratory company when all eyes are on the big prize, particularly given the valuation. From Wednesday's RNS I'd expect drilling to be completed this week.

They don't tend to have timeframes. Analysts will look at the balance sheet and assets of a business/valuations in the sector and arrive at what they believe to be a fair figure at the time of publishing.

Canaccord coming in today with an 11p target. Interesting timing.

Bull flag on the chart after the previous triangle breakout. Textbook uptrend.

It's an interesting thought. There'll be funds that would become able to invest in this stock over £100m which would give the share price a nice boost.

Just buy some Swako, making money's a lot more fun than moaning all the time... you know you want to!

You would imagine the board would have done such basic due diligence if anything seemed untoward but regardless his holding is far too minor to have any real influence. The far most likely explanation is he simply likes the investment case.

Yes exactly, protect your losses when it's dropping. Don't stifle your gains when it's rising.

Ah, investment psychology - now we're getting into the nuts and bolts of the game! Try to ignore what the price is doing and focus on fundamentally why you're still holding. You need to reverse engineer your mind, the correct approach is to be optimistic/confident when the price is rising and fearful when it's dropping but we naturally struggle with this.