Member Info for zedy

Was the drop due to Canadian fires worse than thought or something else. The downgrade doesn't help but surely not the cause.

POO not having any affect on this. Waiting to get in and not getting much encouragement from action of SP.

If I was in this and sitting on huge losses and then I wouldn't want to miss out on any potential rise. Any future drop would be an opportunity to buy and bring average down. However, if I wasn't in and the stock wasn't going anywhere fast and the long term trend was down then I would be prepared to miss out on any short term gain to come in when the trend had changed to up. There is always a chance the trend could change and go against you but it all comes down to due diligence. Hope this makes sense.

Im waiting on the sidelines to buy as this company way undervalued. I was in PMO for a while and see similarities here. That stock re-rated and went up 20% in one day for no apparent reason. People who were waiting to buy at a low missed out. Patience is the name of the game. GLA

Good set of results. Not a lot of buying which is strange. Opened a small position as these look very cheap.

Oil up by a dollar already, you could be right but I have my doubts. GLA

Thanks for that. Your reasoning is sound. GLA

ProfBanker have you been tempted to buy some on the rally today?

Thanks for the clarification ProfBanker. It was wishful thinking on my part. Will average down once this has reached the bottom. Hopefully the buyers will come back soon as way undervalued. Also, wary that once negative sentiment takes hold then the bottom could be a long way away as was the case with PMO.

Anyone else see the RNS issued today at 1800hrs. Looks like II's still confident of upside or have I read it wrong.

Yep, noticed it. Something doesn't feel right. Hoping it's just current sentiment after the previous talks breakdown with Schlumberger.

Not sure this is a falling knife, need it to bounce otherwise could go a lot lower. Doesn't seem to be shorted. GLA

What's is going on today. Can't find any news.

Very quiet here. Hoping for PMO style breakout as this stock extremely undervalued. GLA

Can't find any news on the rise today. Surely can't be normal market forces in play.

This keeps on falling. Not sure what the reason is after previous good results.

Yep, got a divi payment this week. Hopefully, the financial impact won't be too great.

This could be disastrous for this share as the media have taken a keen interest. Can only see sp decreasing as the list of problems and number of days schools closed increases. Any thoughts from other more experienced investors out there?

A large transaction completed by this fund. Something must be cooking.

What are peoples experience of a new CEO at a company which has just started to generate income? Is this going to cause the share price to slip in the short term?