< "> 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
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http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
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http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
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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/
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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

Halloween stock picks which could be winners but are still not for the faint hearted‏
27 October 2014

Afren

The unauthorised payments investigation on the back of management activity is a stab in the back for Afren investors. Additionally, the recent slump in the price of oil along with the instabilities in Iraq could leave them feeling weak at the knees and sees the risk profile of the stock frightfully high. However, for those feeling brave, we recommend Afren as a ‘buy’. The lower share price and a p/e multiple of 8 times means the shares once again look attractive. The company has been building on its impressive production growth rate of the past few years and we believe it has the potential to continue.

- See more at: hxxp://www.mindfulmoney.co.uk/investment-insight/investing-strategy/halloween-stock-picks-which-could-be-winners-but-are-still-not-for-the-faint-hearted%E2%80%8F/#sthash.ku8Ydfdk.dpuf

http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/

Deutsche Bank reiterates hold on Afren, target cut from 130p to 110p.

Hold until it's 70p

LATEST BROKER VIEWS

Date Broker New target Recomm.
30 Oct VSA Capital 115.00 Hold
30 Oct Westhouse... 110.00 Neutral
30 Oct Deutsche Bank 110.00 Hold
28 Oct Credit Suisse 115.00 Outperform

Chartist considers 72p support level?

worth a tickle

Yep !....going long...drop well overdone...

Buying?

I will wait till the late 2011 support at 72p is being reach.
The way the share price is moving lower it could easilly fall to that price, and if bounces from there, then it would be the right time to get in, as there is a strong support line at 72p.

That's just guesswork....to me this looks like an absolute bargain at this level....

RF

What price have you bought at this morning ?

Just over 79......I cannot watch it all the time so can't get bottom lows but I reckon that a serious rebound is coming....and I will be patient...

I reckon that traders are drip-feeding sales into the market in odd numbers....and then will buy back in large numbers soon.....like 100000 or more...

ref - required field - 31 Oct 2014 11:14 - 2563 of 2566
That's just guesswork....

--------------
my comment was with reasons why

your post maybe we can call it gueswork, as there are no reasons
your buy at 79p is already well out of pocket and still falling now 76.63p after being much lower earlier 74.60p

Keep an eye on lower Bollinger Band for a bounce back inside.

Chris

THAT IS A GOOD POINT

BUT THE LOWER BAND WILL KEEP DROPPING ALSO AS TIME PASS BY,
At this moment the share price is below that point, so with time will get back inside.

Will be a question of bouncing back of passing time

mentor - Agreed, I haven't traded it for a couple of years. Plenty of scope to get back in if or when it recovers. Never easy trying to predict bottoms or tops.

If good news is in the pipeline.....all this tops, bottoms, bands or what...well...you can throw it out the window.....do you have faith is this company recovering ?...I do....so 2p out of pocket ?....it's a joke as it stands....patience,,,it willl rebound strongly.....I'm not glued to the markets so have to buy and wait which is more difficult but if the company is a good'un....no need to wait for the bottom 24/hrs a day.....XEL is another in silly price territory...COP is another....along with GKP, FPM and IAE....oil is not the flavour of the month but as economies recover,....demand will increase...if AFR has not reached the bottom : I'll stay put...but it might have and the bounce could be 10 or 20p up !....very quickly...

Or you could buy a few more and average down?

Sorry rf no offence intended, good luck with it.