Member Info for theoilbarron

They sell and buy back at a lower price thereby gaining more shares on repurchase which if price rises you would be sitting on a higher paper profit. All the trends in charts show a pull back so thats why there was a sale of 220k shares at 15.71

The charts indicate a pull back to 14.2-14.4p levels in near term so traders its time to bank gains - as for me just waiting to top up my 300k worth of shares

Short term I hope for some profit taking by the traders so the share will drop to 15p levels so I can top up again - the SP needs to reach its level it cannot keep going north each day without a reality check or two = roll on 15p still 100% paper gain from my 7-8p purchases

If they stock falls to 15p I will top up again - my view is the SP will drift downwards only a little bit till alaskan tax deal nearer 19th June - the fundamentals have not changed from yesterday just sentiment

Just topped up- these are way oversold and will fly again once accounts filed - get in now because if there is a month suspension they will be opening at 10p+

3rd june only 8 days away - come on Saudi bidder get the prize for £5-6 a share

These are seriously undervalued - can see 10p by end of week and 50p by august - keep buying the dips - just topped up could not resist

£5 -5.40 per share is my assessment there are 70m shares in issue at £5 that would be £350million for the company ( valuing the company at £250 million plus £100 million cash at bank)

Just topped up below 7p - these are set to rocket today with day trader burnt yesterday the sky is the limit today - steady buying a sea of blue on trades - keep buying and tucking away till september

Steady rise early on should see 7p breached then its on to 8p

No news the takeover not mentioned - we just have to wait till as late as the 3rd June to see if the bidder gets the finances finalised

20million buys vs 24 million sells - the sell off to 6p seems a little over done broker note says fair price 46p a share and £17+ with everything coming off - so way oversold and way undervalued Keep topping up on weakness as 6p is a raging buy DYOR

Its on the rise again 6p sell 6.2p buy

Nothing has changed to the fundamentals of this company in last few hours - MM's have spanked the day traders who panic and sell at a loss - the 7p target still is very much alive by fridays close and should see a steady rise to 6/6p levels over next hour

Just bought another £9k worth at 6.6p - a bargain did not think I would be seeing mid 6's again today but had a lunch out and saw my mum in care home now all clear to see this baby through till 430pm - get topping up the price will move

I'd be happy with 7.5p at the close today - it is a rollercoaster because of the day traders and MMs putting squeeze on them with troughs causing stop loses being triggered - those in for the next few months to September will be rewarded

8p next port of call

They are 6.20 to sell 6.40 to buy - northwards again

I just topped up again circa 150000 more share now have 460000 safely tucked away in my ISA - roll on the SP moving northwards as we head into afternoon

When is the PR interview?