Member Info for Sam12345

If we can get to 7p by the end of the week I’d be happy with That result, I personally think that is doable, I really hope this is the bottom and don’t go into the 4’s

Hi Groover, yeah everything’s fine apart from being frustrated with the price movement and not really having spare funds atm to top up which is annoying and an average of 5.90p currently not as bad as somes I know. All the covid stocks aren’t going well atm but as this here is a lot more than covid I’m hoping it beats the trend of the others! I just don’t know how much more we’ll drift and at what point we’ll bounce back I really hope we do and we’re not all left holding the baby like I have seen happen with the likes of MXO I’m not selling after the RNS yesterday as that honestly gave me more confidence here!

Cheers Massiveray, this is one of my largest holding so hope this comes good!
Another oil company I am watching closely is COPL anyone got any thoughts on that?

Groover, what is your average here now?

Thank you bridges for that, I agree at low levels like this you can’t really go far wrong!! Out of interest what other oil stocks are you in? Are you in PET or Tullow by any chance? And which would you say is the better buy?

Up! There’s been constant buys they can’t keep it at this level forever

I have a feeling they are going to let this go into close!

Rise and shine, thank you for your reply, yeah I agree many I sitting on a lot bigger losses than my 25% ish here which we can easily do in a day! I’m tempted to add at these levels but also worried if good money’s just going after bad, but then again these are the levels you want to load up not after news or a spike!

Lcarus69 yeah I agree I’m here for multiples of this sp meaning the more I can buy down here the better!! Currently have about £5k invested here with an average of 0.44p which is nothing compared to some here I know it’s about half my portfolio atm.

Thanks ontarget, this is robbery today after the RNS yesterday

On target what is your target price here from your chart?

Does anyone know what the support levels here are as looks like we’re on a downward trend luckily I bought my average down from 0.48 to 0.44 but even that isn’t looking the best now, do I try and top up or leave it to run now, someone on the other board said we will run out of money this year if we don’t get ratification how true is that?

Yeah that’s the one bogyo, I hope we don’t go to that level but like you say if you sell you can guarantee it will rise rapidly and you miss the boat at these levels, I just thought we’d be trading a lot higher than this with that positive update yesterday Just disappointing really but long term this will come good!

Russell makes you suspicious of what?

Wheres the original chart post gone?

So basically expecting it to drop to 4.60p before a big bounce back beyond recent highs? Why doesn’t everyone sell now then and re-buy at 4.60p for the bounce back?

Tanya the thing is a lot of elderly have been self isolating since March they all have to come out one day in which case there will sadly be a lot more deaths and will peak again unless a vaccine is found or they can clear it completely like new Zealand has done

Tom says an update in the next few weeks, I highly expect it to be positive but the government have said they won’t reduce the 2m rule until the 4th July so looks like it’s all going to happen at once, I do worry what happens if there is a second wave like in Beijing currently and the fact two people from new Zealand came to the uk for a funeral and took it back to New Zealand where they had no cases it shows how much of a risk COVID still is in the UK, well come back fighting here but I don’t think it will be as quick as some think looking at the bigger picture

The problem is now I can see there being quite a wait until the next news from HEMO but looks to be like everything is on track so I’m not worried at all now after the confirmation yesterday

I don’t understand why they give a positive update yet still are dropping the price other than what others are saying for mates rates! I’m just holding for massive gains that I believe will come, think if you can double your money every year you are doing very well, if you can do it sooner even better but don’t expect to double it straight away

Better day overall on the markets today by the looks of it hopefully comes good here too