http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

http://gkpinvestor.proboards.com/index.cgi?board=analysis&action=display&thread=1724

Chilly chambers.
http://www.telegraph.co.uk/finance/comment/citydiary/9751558/City-Diary-BAE-comms-job-stays-under-the-radar.html

12:41
Re: Talabani in hospital- New Tweet
duffs55
James Herron ‏@djopec
Xinhua reports that Iraqi president Talabani has died of a stroke.

http://www.hurriyetdailynews.com/iraq-president-in-stable-condition-after-emergency.aspx?pageID=238&nid=37091&NewsCatID=352

Just came across this.

Interesting post from the AQP board regarding short-squeeze - would be nice to see one here!

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leblancleblanc 19 Dec'12 - 21:09 - 1465 of 1471 1 0

This recovery looks like a short-squeeze to me. Hedge funds with massive short positions are building increasing losses and under real pressure to close the short positions and have to buy back the shares they borrowed and sold.

Sophic have reduced their short position to 2.36% (from 2.9%) - and still have 11.16 million shares for them to buy back:

http://www.fsa.gov.uk/static/international/short-positions-daily-update.xls

Oxford Asset Management have 0.96% of AQP's stock sold short (4.54M shares) since 6th November and have mounting losses too.

These two funds have to buy back a volume of 15.7 million shares to close their positions! The longer they leave it while the share price is rising, the heavier the losses they will sustain... Traders, realising this, buy - sending the sp higher, increasing the pressure on the hedge funds to buy back the shares they sold short...

And, by the looks of things, they're the tip of the iceberg. According to SMD, on Dec 14th, 1/7th of the total stock of AQP was out on loan !

http://analytics.squaremiledata.com/tickers?search=AQP

Looks like there's a lot more buying yet to come... This has the makings of a short-squeeze of truly epic proportions...

For an example of how spectacularly wrong this can go wrong for hedge funds when massive shorts backfire:
http://news.bbc.co.uk/1/hi/business/7697082.stm

Anyone remember this ?

AQP is certainly going to be fun to watch in the coming days / wee

Court in recess until mid Ianuary.

RNS Baillie and Gifford below 5% may explain recent sp decline?

Glad I reduced my holding a while back, will be bottom fishing after xmas.,.

dirty boy! ... just make sure they're over the age of consent

Do not forget to get your picks in for the 2013 competition.

GKP is one of my 5 for 2013.

http://www.stockchallenge.co.uk/index.htm

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my nose will be my Number One pick, with toe nails at Number Two!

http://tradingresearchpoint.co.uk/2012/12/24/gulf-keystone-gkp-2013-the-pivotal-year-time-to-buy/

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Interesting, Thanks Proselenes.

goal: can you alter the your header,the charts are confusing(to much info). A simple chart will suffice,something like like post 3862.

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niceonecyril, mnamreh, I hope you approve of the new header chart, the tree will be chopped down the first week of January.

goal.

strange little burst for glory at the close (176 per IG L2 platform), but that may prove to be a false level come the morning

Goal: thank you for your responce,still a little confusing for my tired old eyes,but a lot better.



Gulf Keystone Petroleum jumped 12¾ – almost 8pc – to 176¾p. One trader suggested the gain could be down to rumours that the High Court is about to throw out a legal claim by Excalibur Ventures that it is entitled to as much as 30pc in Gulf Keystone's assets in the Kurdistan region of northern Iraq. The case began in October and is due to reach a conclusion in January.

http://www.telegraph.co.uk/finance/markets/marketreport/9768176/Blue-chip-index-flirts-with-6000-mark-in-thin-trade.html

Personally i can't see a judge of such prominence leaking this?

GKP was always going to fly in Q1 2013. Thats why I have been buying it late Q4 2012.

This is just the beginning, its not even getting warmed up yet.

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