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Heritage Oil, now on the main market near you ! (HOIL)     

required field - 04 Apr 2008 22:45

Another newcomer to the main market...anybody any idea what the production figures are ?

cynic - 27 Jan 2011 12:25 - 319 of 593

so if that chap was such a smartarse, did he go short?

gibby - 27 Jan 2011 17:54 - 320 of 593

hc - well researched - even though the gas find is potentially huge would have swapped it for less oil any day imo - i am not sure what they gonna do with all that gas!?

gibby - 27 Jan 2011 17:55 - 321 of 593

cynic - you would think so wouldnt you - strangely enough he did not mention

Balerboy - 27 Jan 2011 18:11 - 322 of 593

Gibby ask cynic what he does with all his gas............he might have the answer.,.

cynic - 27 Jan 2011 18:35 - 323 of 593

i was and remain an old fart, so now you know

gibby - 27 Jan 2011 20:33 - 324 of 593

lol balerboy & cynic - have a good evening chaps

irlee57 - 15 Feb 2011 14:30 - 325 of 593

your opinions would be much appreciated on this share.

HARRYCAT - 15 Feb 2011 14:47 - 326 of 593

.

irlee57 - 15 Feb 2011 14:54 - 327 of 593

the chart says it all, but even with the gas find rns it suddenly has'nt become a bad company overnight.

cynic - 15 Feb 2011 15:05 - 328 of 593

that was also my thought, but the market seems to believe otherwise
i've posted the 5 year chart below, and for what it's worth, one would surely think that a bounce is seriously o'due - but are we/you brave enough?

Chart.aspx?Provider=EODIntra&Code=HOIL&S

irlee57 - 15 Feb 2011 15:15 - 329 of 593

that is the $64000 question.

hlyeo98 - 15 Feb 2011 15:16 - 330 of 593

It takes a brave man to catch a falling knife.
In fact, I'm tempted to short it looking at the graph.

irlee57 - 15 Feb 2011 15:18 - 331 of 593

there is a minor bounce on at the moment.

cynic - 15 Feb 2011 15:18 - 332 of 593

it's suddenly recovering very fast so shorting might prove much more dangerous than the knife trick

irlee57 - 15 Feb 2011 15:29 - 333 of 593

bought in at 3.42 then again at 2.93.

what to do?

cynic - 15 Feb 2011 15:34 - 334 of 593

293 can't be all wrong i think .... assuming equal quantities then b/e = 3.18 which isn't to terrifying ..... once it recovers to that, it becomes very much your choice as to what to do

irlee57 - 15 Feb 2011 15:52 - 335 of 593

thanks

HARRYCAT - 15 Feb 2011 16:26 - 336 of 593

I thought it was all down them spending shed loads of money in Kurdistan on the basis of finding oil, but recently admitting they have only found gas?

cynic - 15 Feb 2011 16:30 - 337 of 593

can't remember exactly where this gas find is, but apparently it is seriously HUGE, though yes indeed they (and the punters) were hoping for oil .... checking back, it seems that most of the brokers subsequently downgraded the stock, but i wonder if they're entirely right in this instance

irlee57 - 15 Feb 2011 20:31 - 338 of 593

there is a rumour says, the guardian newspaper off a 450p bid from whoever.

this might have caused the spike.
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