http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

On current recoverable estimates the chart doesn't agree with you. Somewhere between 300-350p seems to be about right. 400p is just greedy! ;o)

it is certainly of some concern that sp is down again ahead of the imminent result ..... very glad i lightened my load yesterday

Not particularly heavy trading in this stock, so wouldn't yet be too concerned.

Any moment now....result due.....could drop up to 40p in all or so...or.....a shuttle like takeoff......fingers crossed...but better to be in than not....shares that it.....spreads and cfds.....too risky....

CFDs are effectively shares ..... the risk is that one gets over-exposed as only a deposit of 10/25% has to be put down - can't remember what it is on RKH

It's alright if you are watching every minute....I can't...and ......my experience is that you on a bad result you get stopped out way below your stoploss...just before a rebound.....aggghhh....have to be sharp with these...very....I would have thought it would be 25% upfront for these...at least...depends on your credit I suppose...

deposit is based on the perceived risk of the stock or similar - RKH is indeed 25% .... XEL is on a sliding scale related to quantity, but 25%+, whereas TLW is 5% .... other than that, i do not run stop-losses for the very reason you mention .... in any case, and as i have posted a number of times, unless it's a guaranteed stop, you can be stopped out well below the level you anticipated

Can't always get a guaranteed stop.....that would be good with RKH...if you can get one...

(i think) guaranteed stops have to be placed at time of purchase and are not allowed less than 10% below the market level, and as you say, may not even be possible on some

A good reminder to me as to why I steer clear of S/b & CFD's. At least if it all goes wrong with holding stock you are not forced to sell.

as there are no time constraints, you're never forced to sell CFDs unless you don't have the margin to put up ..... that said, it can be pretty scary at times and not sure how i would feel if i did not work with a pc all day

sp slipping away without news.

Nobody new any thing last time and the SP was slipping when the news came out the blue,they did say 38 days so we could still have another week to wait.

ARG not tracking this drop (yet), which is a positive note, imo.

conversely, ARG getting all set to do so!

What's that expression about keeping your head while all others around you are losing theirs.......?

only when below the parapet, and then someone sneaks up behind you and sticks a bayonet up your arse

.

If you can keep your head whilst others are loosing theirs, you probably have no idea whats going on in the first place.

meanwhile, volume is nearly twice norm at 4m and sp down a further 25p ..... how much of this is forced sales (stop-losses hit) rather than fear, or worse still, inside knowledge, who can tell?