PapalPower
- 21 Nov 2005 08:12
seawallwalker
- 10 Nov 2006 12:17
- 510 of 2087
That's what Pan Andean did.
I was suckered but I dont feel so bad about it because so was Evil Knievel as I recall.
nite ram
- 10 Nov 2006 17:29
- 511 of 2087
Sorry some missed ''the early rise'' - only + 50% up in two days- ''so what''
SO A LOT! More next week Mr C ?
hlyeo98
- 10 Nov 2006 17:54
- 512 of 2087
Yes I agree as well that EME is often giving false hopes ... be cautious about it.
tcdmct
- 10 Nov 2006 21:34
- 513 of 2087
sold out at 24,544 77p not a bad buy at 39p thanks folks.
cynic
- 11 Nov 2006 07:22
- 514 of 2087
good move! ..... even if eme find something substantial and sp roars away, you could always get back in ...... and if eme disappoints yet again, or the hype has got ahead of itself (quite likely) then you have banked a good profit
cynic
- 13 Nov 2006 08:38
- 515 of 2087
either someone genuinely knows something re Sugarloaf or the lemmings are piling in regardless in anticipation ....... one thing's for sure; good job i am not short! .... lol!
troouble with this sort of rise, especially on no solid news, is that the anticipation nearly always gets far too far ahead .... as is often said, "Up like a rocket, down like the stick" ..... anyone holding, strongly suggest trailing stop ...... if thinking of buying, the make sure your brain is ruling your heart (aka greed!)
Big Ted
- 13 Nov 2006 09:18
- 516 of 2087
totally agree Cynic, got caught with these earlier this year and bought a chunk @ 34p to ave down, have sold all the way up, including 87p this morning, just a small holding left, which really doesn't matter what happens to, but will also be gone if it tests 1...
HARRYCAT
- 13 Nov 2006 10:30
- 517 of 2087
Thank goodness for lemmings then! My original heavy loss on paper has now been reduced to show a small profit. Someone obviously thinks that all this gas is a good indication of even better news. Rightly or wrongly, there is money to be made here, but as always, keep locking in profit.
cynic
- 13 Nov 2006 10:47
- 518 of 2087
senible chap Harry, though a trailing stop almost does that, except when/if sp collapses
oilyrag
- 13 Nov 2006 15:02
- 519 of 2087
Hi cynic love all your sarky comments brings a bit of reality back into our fantasies about finding the big one. Loved the comment about chp lisence to drill holes. On eme however you forgot lisence to print money. I made 400% profit last time round and am currently looking at 200% at the moment. Shame its not one of my major stock holdings but nevertheless not to be scoffed at. Its probably not to late if you still fancy a flutter.
cynic
- 13 Nov 2006 15:09
- 520 of 2087
oily ...... can't remember whether i made or lost money in the past on eme ..... probably some of each! ...... however, if i dabbled now, i know the driving force would be pure greed rather than logic.
having now just had a peek at the "pretty little chart" that i posted, i note 200 dma has been hit and sp now struggling ..... not the time to buy!
oilyrag
- 13 Nov 2006 15:17
- 521 of 2087
It appears to me that there is no logic left in the stock market. Even badly run companies have peaks well above their worth, obviously there is only greed left, so why not go with the flow and make some dough.
cynic
- 13 Nov 2006 15:20
- 522 of 2087
is the flip side, have some frolix and do yer bollix?
hlyeo98
- 14 Nov 2006 08:05
- 523 of 2087
Yes very risky, cynic, starting to fall today.
cynic
- 14 Nov 2006 08:14
- 524 of 2087
my suspicion is that sp will not hold above 200 dma as there is no solid foundation for the recent headlong rush upwards ...... i shall merely watch with interest
seawallwalker
- 14 Nov 2006 08:20
- 525 of 2087
These oil sp spikers always fall back once punters have been sucked in.
I'll work out how to profit from that one day, meantime I am just interested to watch.
Big Ted
- 14 Nov 2006 08:37
- 526 of 2087
buy when red, sell when green, always do the opposite of what your brain tells you...!
cynic
- 14 Nov 2006 08:46
- 527 of 2087
in this instance, i think it best just to watch ...... many better shares to buy
Big Al
- 14 Nov 2006 08:58
- 528 of 2087
I take it we'll get our weekly update tomorrow?
Big Al
- 15 Nov 2006 08:09
- 529 of 2087
ttt