.

I would imagine Sam has had a few calls from the big institutions today following the RNS.

I am sure they will get an idea of how things are going by the mood of Mr Moody on the phone.............. ;)

Without some solid news on oil its going to be hard work going back upwards.

Will be lots of penny pinching day trading profit takers all the way - happy to ignore anything past a 2 hour time frame and purely buying a selling for a few pence each time.

So, until news on oil comes out, it will be hard work climbing upwards.

Of course, one good RNS on oil will change all that, next week Rodders.....

Ultimately if you look at many things, its the perfect time to release news, allows a few buyers now to buy loads of stock from the seller without looking out of place and then wham bang a good news RNS comes out.

The rise prior to the coming big news is due to the RNS today...... ;)

pp keep praying.

Lucky the Falklands is a long way away from Japan, and a long long way away from the Middle East.

Come on Sam, lets have a beautiful RNS Monday next week.

Borgo and the Barman seem happy, over at III ;) LOL

The Barman's supplies are all in. No more to come. He is ready to host the party.

The Barman says that the Owner will decide on the day and time of the party but it will be soon.

Never have I seen the Barman look so happy nor never have I looked forward as much to a party.

Here comes the sun ...... By borgo22

Can you be a bit more clear Prosels ?......my brain is foggy like the weather at the moment....

LOL

FD Buy rating and target price 500p

http://www.stockopedia.co.uk/content/fox-davies-capital-update-featuring-jubilee-platinum-cove-energy-egdon-resources-president-petroleum-nautical-petroleum-rockhopper-salamander-energy-kbc-advanced-technologies-stellar-diamonds-54825/

Oil & Gas Corporate News

Rockhopper (LON:RKH) Exploration (BUY, 5.00) (RKH, 222p, ▲ (3.98%)) has entered into an assignment agreement to secure three firm additional well slots on the Ocean Guardian drilling rig. Rockhopper intends to utilise these three well slots after Desire Petroleum plc completes drilling operations on its next well, which follows the appraisal well currently being drilled by Rockhopper. Rockhopper further announces that the acquisition of new 3D seismic data to the south of the Sea Lion discovery well, on licence PL032, has been completed and the Company intends to fast track the processing of this data. It is anticipated that the resulting processed data will become available to the Company during July 2011. The wider seismic acquisition programme, over areas of licences PL024, PL032 and PL033 and adjacent areas, is ongoing.

200K reduction in shorts yesterday from the figures just out.

Opened yesterday with around 1.45m stock on loan.

Closed yesterday with around 1.25m stock on loan.

Here is the pic of stock on loan - reduction at close on 14th - down 200K.



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Looking strong, perhaps something leaking to a but wider audience now ?

Rumours are of over 55M of net pay.

Thats well over the P50 which is about 35M if my memory is working.

Would be excellent news but as yet its just rumour and likely wrong......but who knows.

Where is the rumour coming from ?

From rumour mongers............. ;)

Well, my analysis of everything leads me to suspect a Monday 21st March RNS. I may be totally wrong but thats what my guess is.

you usually are!!

To continue the good natured and amusing posts from borgo....


Just back in from Sharkeys, late night. The supplies are ready. The balloons are up, as are all the decorations.

Lots of men in blue in the bar completing the final touches.

My Barman was not about but the replacement Barman looked very happy. He thinks the Owner has agreed to have the party on Saturday night but it still is not confirmed.

Well guys, thats it from me. My Barman will have no more news before the RNS. I suspect his day off may become a little bit longer; he needs a rest !

Irrespective of your position, your views and opinions and how much you have invested, it has been fun with this well ( always fun when things go as planned ).

My next post will be to tell you all about the party at Sharkeys ..... By borgo22

Borgo sounds like he/she is full of the usual bull****.

Done some research and well after looking at trading patterns.

Prior Sea Lion discovery and Prior Sea Lion flow test - VOLUME SMALL - SP WEAK

Prior Ernest, Prior 14-10/3 - VOLUME JUMP


Looks to me like RKH keep good news locked under wraps with the city unaware, certainly no volume spikes pre the big news of SL Discovery and SL Flow Test.

They look a bit leaky on bad news, always jumps in volume in the days ahead of bad news BUT BOTH TIMES BIG GOOD NEWS HAS COME, the price has been weak and volume normal to low in the days before.


My conclusion therefore is, if volume remains "normal" then things are looking good - contrary to what I thought before actually looking at historic trading.

Ernest was a little different as everyone was waiting for Sea Lion flow test and so ignored Ernest, but it still followed the trend of volume spike before bad news.




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