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Another beaten up oil junior starting to bounce (CHAR)     

kate bates - 02 Apr 2009 13:29

Don't like doing threads but have been alerted to this one as it trades well below cash position and allegedly has directorate links with the massive Petrobas. Last broker target was something like 165p - currently 26! The bates is in.

hlyeo98 - 26 Oct 2010 16:29 - 289 of 474

Keep on going, CHAR.

mitzy - 27 Oct 2010 08:49 - 290 of 474

Great performer in 2010.

hlyeo98 - 27 Oct 2010 12:43 - 291 of 474

The greatest... even DES can't beat it. LOL

mitzy - 28 Oct 2010 08:07 - 292 of 474

Superb er..200p easy today.

hlyeo98 - 28 Oct 2010 08:30 - 293 of 474

CHAR is the best...keep on buying.

cynic - 28 Oct 2010 08:36 - 294 of 474

silly question from the BB idiot - is this latest RNS about oil or gas?

mitzy - 28 Oct 2010 08:46 - 295 of 474

A billion barrels of oil cynic.
my new target is 250p.

cynic - 28 Oct 2010 08:47 - 296 of 474

that's quite a lot! ..... but no mention i think of what % is likely recoverable, and isn't that the important number? .... confess i find the industry jargon somewhat opaque

hlyeo98 - 28 Oct 2010 08:48 - 297 of 474

Not like DES

HARRYCAT - 28 Oct 2010 08:49 - 298 of 474

.

required field - 28 Oct 2010 08:56 - 299 of 474

I'm finding it a job to believe this one....not one well sunk...pure 100% speculation...but there you go 200p....incredible...missed it completely..

required field - 29 Oct 2010 13:18 - 300 of 474

End of the game here.....EK is shorting this big time....and a certain RF has joined in....280 million cap based on what ?....thin air....and if DES comes up dry...might just trigger a drop....why it would not sure....

cynic - 29 Oct 2010 13:21 - 301 of 474

i was very surprised to note what a poor record EK/TW have, but the bulletin makes quite interesting reading from time to time

Amount Gained on the Markets since last Report: Breakeven
Amount Retrieved from Bookmakers: minus 10,000

required field - 29 Oct 2010 13:23 - 302 of 474

I've been thinking about it for some time....and the market cap is nonsense.....100 million would be enough but close to 300 million pounds with no drilling in sight yet...crazy....has to peak and drop....

HARRYCAT - 29 Oct 2010 13:27 - 303 of 474

Yes, I think EK takes a %age position spread over a large number of stocks.

required field - 29 Oct 2010 13:34 - 304 of 474

I agree with him over this...that's how I missed the rise...just could not believe how far it could go....ridiculous sp.....second time only that I've shorted.....might get it right this time....

required field - 29 Oct 2010 13:51 - 305 of 474

Sp starting to slip.....little too early to say if this is going to be a trend but I can imagine a 30p drop in a matter of minutes if it gets going....

cynic - 29 Oct 2010 13:58 - 306 of 474

mitzy will be upset if that is the case

required field - 29 Oct 2010 14:00 - 307 of 474

She (I presume that she is a she) had better jump out quick.....been far too high for too long....

required field - 29 Oct 2010 15:46 - 308 of 474

What on earth are the bonkers crowd that are buying this doing...they should be selling.........
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