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Dragon Oil - 2006 (DGO)     

dai oldenrich - 03 Oct 2006 10:11

Dragon Oil plcs principal production and exploration interests are located in the Cheleken Contract Area in the Caspian Sea, offshore Turkmenistan. The Cheleken Contract Area covers approximately 950 sq.kms and comprises two offshore oil and gas fields, Dzheitun (LAM) & Dzhygalybeg (Zhdanov), in water depths of 10 to 37 metres.

Chart.aspx?Provider=EODIntra&Code=dgo&Si
            Red = 25 day moving average.           Green = 200 day moving average.

niceonecyril - 31 Oct 2008 10:53 - 423 of 903

Double post again.
cyril

niceonecyril - 03 Nov 2008 08:31 - 424 of 903

179p + 12%
Looks like the market has woken up to DGO, i'd like to thank them for letting me in at such a bargain rate.
cyril

hlyeo98 - 03 Nov 2008 10:55 - 425 of 903

At the current price of 180p, I think it's the time to take profit if you are in it.
DGO will drop from here.

cynic - 03 Nov 2008 11:08 - 426 of 903

why?
the chart is actually quite promising, though i would certainly keep an eye on the next potential resistance at 200

justyi - 03 Nov 2008 11:12 - 427 of 903

If you look at the graph closely, it spikes at 420p, 270p and 195p below going lower. That's my opinion.

cynic - 03 Nov 2008 11:18 - 428 of 903

so that gives a further upside of about 30p or about 17.5% if you want to use that criteria

justyi - 03 Nov 2008 11:23 - 429 of 903

the rise has already occurred from 130p to current levels.

cynic - 03 Nov 2008 11:33 - 430 of 903

and your point is?

niceonecyril - 03 Nov 2008 13:53 - 431 of 903

Artio global still dumping, now below 5%.
cyril

cynic - 03 Nov 2008 13:55 - 432 of 903

that so many hedge funds have to unwind their positions is what makes this market so damn difficult and volatile

polska - 03 Nov 2008 14:04 - 433 of 903

will be good when they go out of business......that will take out volatility

cynic - 03 Nov 2008 14:08 - 434 of 903

not all hedge funds go short

hlyeo98 - 03 Nov 2008 14:11 - 435 of 903

Volatility can be a very good friend.

polska - 03 Nov 2008 14:15 - 436 of 903

only for traders

hlyeo98 - 03 Nov 2008 16:01 - 437 of 903

As I've said, DGO falls back now 165p.

required field - 03 Nov 2008 16:05 - 438 of 903

Cynic is right !...there must be people and hedge funds out there in terrible positions !...which means that they will sell into a little profit or a lesser big loss at any time...difficult to predict !.

ptholden - 03 Nov 2008 16:06 - 439 of 903

Was that what you said or what Justyi said? You must get confused having to keep logging on and off :-)

polska - 03 Nov 2008 16:39 - 440 of 903

now up to 167p and well up on the day......do u trade in 5 minute periods hyleo constantly staring at screens?

niceonecyril - 03 Nov 2008 17:20 - 441 of 903

I'll still hang on as news is almost on us,and this is without doubt seriously undervalued.
cyril

polska - 04 Nov 2008 10:20 - 442 of 903

wonder what hyleo predicts sp to be in 5 mins time
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