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

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.

yup, i wouldn't be surprised to see a small ease in the price until the first well is spudded.

this is a long term play and weakness should be met by averaging some more in

rgds
proptrade

Afternoon folks , been having a look at oilbarrel.com nice little site for oil & gas companies.They do get interviews with guys like Harry Wilson. You guys seem to no your stuff out there regarding sterling. Harry himself has talked about further aquisitions, name a company which would be a good buy for sterling and why.
This is one of the quietest days in the last few weeks for sterling trades. I fancy buying a lot more before drilling starts and any sign of further weekness.

If Harry can impress backers like he did last time with Fusion OIl then a company with a similar African Portfolio, or even a partner in current exporations may a possibility.

If it is the latter as a possibilty then nothing would happen until some results were showing from the wells. Currently little or no exposure to risk!!

Otherwise short term consolidation is the answer right now.

Everything is already going for them.

Of course they look a good target themselves, Woodside and Hardman could be the predaters here.

Woodside already hold a large portion of Hardman so Woodside may just become hungry if results start to show.