< "> edit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
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In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
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http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

I suspect sp is a little slow due to insti's getting more stock at 30p and being able to sell their old stock at 40p. No brainer really, due to the credit crunch. Easy money for them. Then they supress the price and get back in below their exit level.

[Dow Jones] Bank of America Merrill Lynch upgrades Afren (AFR.LN) to buy from neutral. Says its recent equity raising enables Afren to develop the Ebok field and should dissipate investor concerns about its financial flexibility. Sees Afren offering a compelling risk/reward profile based on its reduced financial risk, potential to surprise on the upside on reserves and volumes and its ability to exploit opportunities in Nigeria. Increases the price target to 72p from 52p. Shares closed Friday at 40.5p. (ANT)

I took the leap this morning and got in. The upside hear is massive IMO.

Held up today, good for another blue tomrw! 50p here we come this week.

Going gr8t guns again today, Heading for that 50p!!

When do we crack open the champers?? lol

4.00 and i`ll be buying!!

Well I converted from trader to investor on these. Took out a SB. yesterday but another 24k ORDS. this morning, will tuck these away for the long haul.

Cup and handle pattern formed now, this is a very bullish sign and reflects crude chart. Should put a big smile on our faces in afew years or even months time.

Bank of America (NYSE: IKJ - news) upgrades Afren (LSE: AFR.L - news) to buy from neutral, raising target to 72p from 52p,

In addition MACD just crossed over another great Buy signal..

DYOR.

Should cross thro 200dma tomrw. Very bullish

Another very solid start!, how far will this momentum us. Every technical indicator says go at present.

The dollar is starting to drop quite a bit ...used to be $1.40 to the pound now $1.52 and dropping, if this trend continues this will fuel the price of oil (nice pun that !)....the tankers outside Rotterdam waiting to unload might be for customers that have bought at a very low price...when that is used up it will be more expensive.

Oil well through $60 now afren on the brink of a breakout at 50p remember not long a go 14p. Come on peeps buy in! 2.00 here we come.

f'ing rampresses!

Nothing wrong with ramping a gr8t company!!!!!

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good breakout with high volume = >12 million vs 7.5m norm

At $68 PB. every $1 rise adds $24k to our daily earnings and the rise of late means thats alot of extra dosh.

BUY - BUY - BUY - BUY - BUY As per my previous post on the 12th May the chart has come up with the goods.