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Cadogan Petroleum worth a Buy (CAD)     

mitzy - 30 Mar 2009 12:19

small oilie but with a nav of 35p compared to share price of 10p..bid rumours of 50p a share.


Chart.aspx?Provider=EODIntra&Code=CAD&Si

mitzy - 01 Apr 2009 11:40 - 32 of 178

I blinking hope so.

kate bates - 01 Apr 2009 11:59 - 33 of 178

yes pure momentum trades but they are all bombed out and bouncing, I see Zak Mir rates the CAD chart with a 26p target.

cynic - 01 Apr 2009 12:05 - 34 of 178

i wonder why 26p, as i can't see anything obvious ..... perhaps it's based on the GANN theory of x% rise from the bottom

that said, current price is 13.5 / 17.0, which if typical for this stock is truly horrendous

required field - 01 Apr 2009 12:31 - 35 of 178

Never seen a spread quite like this, it's crazy !, you woud have to make a 35% profit just to get a few quid, ridiculous !.

kate bates - 01 Apr 2009 13:02 - 36 of 178

yes this spread is a farce, we need some dma traders to narrow it!

Just bought some RKH as they are presenting soon apparently. Got legs this sector at last.

kate bates - 01 Apr 2009 13:04 - 37 of 178

CAD again nearly all buys through plusmarkets today, many not put off by the spread it seems,

01/04/2009 13:02:22 16.99 1,417 O 240.75
01/04/2009 13:00:30 16.99 131 O 22.26
01/04/2009 12:50:32 16.99 20,000 O 3,398.00
01/04/2009 12:45:09 16.99 6,368 O 1,081.92
01/04/2009 12:43:05 16.99 732 O 124.37

cynic - 01 Apr 2009 13:16 - 38 of 178

damn fools then

kate bates - 01 Apr 2009 13:37 - 39 of 178

not when it hits 20p!

halifax - 01 Apr 2009 15:30 - 40 of 178

Volume falling away looks like it has run out of steam.

cynic - 01 Apr 2009 20:46 - 41 of 178

not looking to be heading that way at the moment, and a 3p spread (+/-25%) makes this share a farce to trade

cynic - 02 Apr 2009 08:16 - 42 of 178

spread is now 4p!!

mitzy - 02 Apr 2009 10:38 - 43 of 178

Normal service has been resumed.

cynic - 02 Apr 2009 10:59 - 44 of 178

you mean you think a 3p spread is acceptable?

mitzy - 02 Apr 2009 11:08 - 45 of 178

No it is not its a absolute disrace imo.

cynic - 02 Apr 2009 11:18 - 46 of 178

now closed to 2p, but still 12.5%

kate bates - 02 Apr 2009 13:02 - 47 of 178

that CHAR going very well, proper spread unlike this!

mitzy - 02 Apr 2009 18:53 - 48 of 178

What happened here..?

mitzy - 06 Apr 2009 09:53 - 49 of 178

At least the spread has narrowed.


Chart.aspx?Provider=EODIntra&Code=CAD&Si

mitzy - 08 Apr 2009 17:19 - 50 of 178

The chart suggests further rises..


Chart.aspx?Provider=EODIntra&Code=CAD&Si

halifax - 08 Apr 2009 17:56 - 51 of 178

mitzy CAD looks a bit wobbly take care.
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