anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Maybe prop,l but this has already been aired by me previous so it's not new news.

The Uganda stuff, is Hardman pertaining only.

regards

poo

jameel06 - cold feet on one dip??

Golly gosh.

Have a look at the chart popsted by prop above in the first para and you will see there are lots of big drops, and big downs, so is the life of an E & P stock.

Always make your own decisos, but I have outlined my strategy to you, and that is what I will stick to.

regards

bear

Up a bit down a bit. That's a day in the life of a SEY holder waiting for the boat to come in. Today looks positive, however. Back to 19p hovering towards 19.25. We are building a nice base here, ready for an assault on 20p+ when there is an announcement that the oil flow has started.

Off topic,
Thanks for the introduction to ELP. Any further info welcomed. Poo - would you like to start a thread?

.

thx for that SWW!

Prop - I am here too..........

And gone again.

Blink and you miss me.

Here I am.........


Ha, missed me!

poo bear, me start a thread???? Still have alot to learn!!!!!! So not yet!!! But poo bear somethings cookin with ELP!!!! REally!!!1

If you see DNO (in oslo) has also increased by approx same % as ELP today..... I have topped up ELP but all this buying is unfortuntanelty not on the bassis of any credible organisational performance as such but rather buying behaviour on a possible GREAT FIND in the North Sea.. So its all speculative buying in readiness for the Jaguar oil exploration whose results are due in approx 5 weeks!!!!!!!! Drilling commences in approx 7 days!!!! But its looks like boom or bust!!! Perhaps its worth a stab, BUT I'm heavy in this one and have again topped up at 41p yesterday!!!!! BIG RISK!!!! BUT HIGH REWARD!!!!!

jameel06 - dont think that comment was directed to you.

Dont disbelieve you in respect of ELP, still watching.

jameel06,

Good luck with ELP!

As Poo rightly points out, SEY is not a trading stock, (IMO) and it's a rollercoaster of a chart, but the value is coming, so we sit and wait, and I don't get concerned about minor drops, although obviously I would prefer them not to happen!


I am still holding all my SEY shares, and I prefer to hold long term all those stocks that I believe have the potential for long term value enhancement, and not trade them at all.

Holding for more than one year reduces the CGT, and over two years, reduces it down to 10%, another point worth considering. Inheritance tax breaks too if held for over 2 years!

Inheritance tax breaks? Nice thought Andy - but I don't plan to die just yet. LOL

talk on otther board of a big buy note in http://www.momentuminvestor.co.uk which has added it to the portfolio

Pond life,

Me neither! LOL!

Just thought it worth emntioning in case anyone didn't realise they existed on AIM stocks held over two years.


Dorothy perkins,

Thanks for the info.


Well high oil prices have again spooked Wall St. last Friday, I think we may see SEY resistance of 20p broken this week finally.

It's been a long wait!

dorothy perkins, have you subscirbed to this site, if you have would it be possible for you to share info on Sterling Energy from the site especially info for Feb 2006

jameel06,

Whilst that would be nice, it would breach their copyright.


Dorothy perkins,

You could of course use the private mail facility here for those that use it to post a brief synopsis!

andy, definately or even summarize the info..... THis will be extremely useful!!!! Andy, do u think SEY will break the 20p mark?

jameel06,

Yes, as early as tomorrow IMO, unless we get dragged down with the rest of the market tomorrow morning that is.

As the price of oil is the reason for Wall St's fall last Friday, I would hope that oil stocks will be swimming against the tide tomorrow first thing, and that would include SEY.

We are so close to 20p now, the OFFER was 20p at the close on Friday, the MID being 19.75p, so one more step and we are there.

Mid price 21p , thats more like it. should be a good year for us imo.

At last, an SEY breakout. Let's hope that this holds. The power of TMI to move a market! Impressive.
Err... wish it had done the same for my VPC.

Not only does Momentum tip SEY - it also tips VPC and says it could go to 900p!

Oops, volume is not the highest ever. It's just very high..
Where can they stop it from moving?
I think if oil price stays above $40 and sey meets its targets, we will see a good rise ...