announcments are due soon, stock price moving should hit 1.80 easily, very interesting story with new field linked in with an indian oil company joint venture and I understand good results from one area, looks great

very quite.

or 'quiet' even.

Tis so quiet I can actually here my money crying out to me in my loss making stocks.

'Come and save me' they're shouting 'before we disappear in rights issues ..'

your 18p is seeming far away!!!

Yes it's typical of this market.

You aim for a price to get in and the sp does the opposite.

The problem is I have an awful lot of money tied up in shares which I'm not getting back as most sp are static. Now only want to put on when fairly certain of good return which means you lose a few opportunities.

Will this be 30-40p next week?

Who the hell knows.

yes dealer, i have a fair few shares that i'd like to get rid of but sp aint doing too well in them so will be medium hold i think.

read last rns dealer.......there will be 123$ given to eel.....latest by middle of june, ie. next friday at latest but i expect a few days before that.
also, farm in will be announced later in month worth 75$.....with another farm in to follow soon after.

even 123 plus 75 gives about 200million $ ie, 100 million quid which is at least 53p for eel......but other farm in and other info on other blocks!!!! this will be 1 quid min .....not sure when though

Yes I did read it when it came out and missed the huge rise cause I had little money left!!

You could argue some of it is priced in.

The thing about the SM though is you have to go with the trend whether it makes any sense or not. EEL is very popular atm so it is silly to miss out on the fun!

if u bought at end of next day at 21p, u wouldnt have missed the rise too much as it only surged from 15p the previous day up to 34p at start of next day.

i dont agree what i say is priced in......with 2 bits of news coming this month, this will be min of 53p....plus other farm in will take it to >70p.....also, they have other blocks which should be a bit of a cash cow.

this is a no brainer so not sure why u r quibbling over a few pence.....and whether u buy on a wed or a fri.....hold for a month.....or medium term and i'm sure u will be laughing

fair point although I'm not laughing about some of the shares I hold!

Did make some money on XTA this am.

buys stuffing the sells today......surprised to see sp up!

haha, mm's must be getting submerged with these buys.....theres much more to come too

Announcement on cnn last night but no rns out--eel have 9% of a field estimated to contain 263 billion !! barrels when this is out properly I expect the sp to continue up to the sky. check out the other side lots of excitement. difficult to buy at the moment.

If that is so then explains the sp increase today

yes i read it on iii last night from an informed investor.

that plus award of 123 million plus 2 confirmed farm ins soon plus other blocks......expect to hit 1 this year and maybe much more.

how much would about 250 million barrels add to sp? any guesses.

sp was affected initially by the unemployment data.

suggest that now fall is due to a lack of rns

dealer, r u a novice on shares?

companies dont give out rns every day!

the info about billions of barrels the market doesnt know about yet.
sp is just on speculation.....hence once award goes in, up she goes, then farm in, up again and so on

have u got the picture now?

Please don't take the p*** my friend.

You wouldn't like me when I'm annoyed! lol

What I've said is correct like it or not.

The sp shot up cause people thought the rns was coming. Cause it's Friday and it appears it is not coming people are now selling off for the weekend.

simple really.

You must be able to understand that up there surely.
Mind you ....

..which might make it a buying op now ....

Woaded One .... just because you have not been able to target me of late, please try to resist the temptation of venting your spleen at others

would the share price hit a new high next week,any one.

scotinvestor whats your take on this stock please,also i have recently followed ceryls posts and have noticed all the feed back about certain stocks have been spot on ,and i thank you both for your valued analysis.

there should be another rns this week IMHO.....this will confirm the award of 123 million......

for some reason, the market boys aint reacted to it properly.....also farm in of 75 million will be announced very soon by end of june thereabouts......that alone will take sp to well in excess of 50p......also another farm in will be coming shortly after all this.

plus they have 9% of reserves of about 2.5 billion barrels which market doesnt seem to know about!!!!!! is that enough for u

hold this share until end of june and i'm sure 30p wont be seen ever again