anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

it's a good sign that a company is taking on permanent staff, most exporation companies use outsourced geologists or contractors as they don't guarantee much of a future

this thread just gets better and better. great info ramraid, just adds yet more credibility and belief in management.

as we all know, these things don't go up in a straight line (even cairn) but the important thing is that with all the news over the coming months the trend in upwards.

Price has been static so far today, and I now have to giveway to Number One Son for Homework!!!

I have noticed that the morning by far had the most sells, but the afternoon has filled with buyers, there are some quite big unknown trades including one for 1750000 which was obviously a buy, the highest buyer paid 17.8p, in an ordinary trade!!!

All, this while other Oil Stocks have dropped off with the Oil Futures dropping below $35.

Still a stong hold imho.

Tomorrow guys!!

really excellent volume again today. i wouldn't be surprised to see the stock take a breather with slightly softening sectorial prices but the higher trend is in place.

bowman, do you have any particular point to make?

hey guys i make it another good volume of trades today with buys on top. Enjoyed the dialogue the last few weeks , looks an interesting play seems a really strong growth prospect .

thx for the contribution after a couple of blank posts!

this does feel like a strong buy and if you are not on board there are far worse places to keep your cash right now.

nice thing about this name is that it is already a producer with proven reserves and valued at 100m. plenty of room for expansion with the upcoming drill program.

rgds
proptrade

Sterling is on the slide today but as you said proptrade its not a place to have your money as the fireworks have not started yet with this share price.My personal opinion is a 12 month price target of 50p.

actually bowman i meant it IS a place for your money right now, and preferable to many of the other spivvy stocks out there.

today is a bit of a breather and i am actually thinking about adding.

if your 12 month is 50p then i think now is the time to get on board, just before the drilling commences.

Morning.

Just added 10000 @ 15.41p.

Just after someone bought a million!!

like your style...

Not much doing otherwise, it looks like LSE has gone to sleep.

At the moment yeah there isn't a lot happening i agree seawallwalker , but i have noticed quite a few shrewdies around including yourself picking sterling up, i myself hold a few and as proptrade said now is a good time to buy and i agree with his comment stronglu. I wouldn't be surprised if the maestro's at shares magazine or investors chronicle picked up on this share in the next month or so.

I have recently seen a recommendation to buy in the IC for SEY.

About 3 weeks ago, just a recommendation so they are watching!

Price is still holding reasonabley well despte the Oil Price fall back to $33

interesting times but i do think oil had hit a floor at these levels and will probably see it back to 35 over the next few weeks.

I missed the IC comment, does anybody have a copy?

small tick up near close after 500,000 bot

Morning all.

SEY Gone to sleep for the morning by the looks of things.

Morning all,

Late trade just went through for 1050000 at 15.50p, wonder if it was a buy or a sell? Am new to this thread.