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

In response to all those DE RAMPERS on this board who say that there will be no more Ching wells this year because of a lack of equipment, and that there may never be any remedial wells at Ching, and in fact say any old rubbish to try and force the price down. Here in the real world is a snippet from ROC today which shows that the Atwood Hunter will be back on the Ching site as planed in the near future.
With OPEC cutting oil production to support an oil price of $60-65 a barrel, lets see what an increasing production from Ching at a higher oil price does for the ever increasing Sterling cash pile.

"On completion of Aigrette-1 the Atwood Hunter will return to drill the remaining
wells in the Woodside-operated programme: Kibaro-1 exploration well in PSC Area
A and Chinguetti-18 development well".

fido

Many thanks, and spot on. those who know SEY will not sell but buy more and i am one of those.

fido - dont cast aspersions on peoples characters like that.

I have talked about lack of equipment because that is what UBS said in a recent Broker note concerning Hardman, it's not fiction, and I dont want a cheaper sp because I dont intend to buy, well not yet anyway, maybe before Madagascar gets drilled and I would not care if the sp was a quid.

"You want the truth?"

"Yes"

"You want the truth? You cant handle the truth!"

Regardless of your hysterics, I think Sterling is a good middle to long term investment, I just dont want to be part at the moment as the boredom killed me off.

Just when this board was all sweetness and light.

Please do not let the bad weather affect you, i noticed during this period a lot investors do get angry quickly including myself. soon there will be another summer. SWEET AND SOUR enjoy both

Looks like fido has learned to copy and paste, same post everywhere.

I'm taking the blame, but not for his discomfort.

seawall
the market in general is boring for normal investor during this season but this is the best time to short or select some excellent little fishes for the next harvest.

Not to mention names, but there are those on this board and others who claim to have no interest in Sterling and yet spend all day, every day slagging the company off and attacking every poster who has anything positive to say about the company. If I had no interest in this share I would find better things to do with my time.

fido - you are now being pathetic as well as hysterical.

Grow up or shut up!

From what I have seen, no one is deramping on this board.

Every tipsheet, magazine,website, broker, have all stated what an excellent company Sterling are. The fact that their SP has been under pressure like all others in the sector is down to circumstance.The few DE RAMPERS that there are are those virmin who prey on short term movements in the SP and everything they say should be seen for the DE RAMPING that it is.

fido - would your definition of a de-ramper include those that hold short positions in a stock and post negative news in exactly the same way that those of us who are long post only the good news? Surely both have equal rights.

Starfrog - for the record, I dont hold currently and would not short this stock, he is obviously aiming this at me, however he has not got the guts to say so.

fido at this point you are classed as a lunatic.

Please dont pollute this board any further with you pathetic mewlings.

If you have an issue with me, name me, produce evidence, and meet me after school outside the gates and we will settle this once and for all.

Conkers it is!

I've got a sixer that I have soaked in vinegar so I think you won't stand much chance.

I got thrown out of the Cubs for soaking a sixer in vinegar once!

sww - Didnt mean to infer that you were a ramper, deramper, long, short or medium. Just pointing out the obvious to fido. As a long(ish) term holder, have visited this thread for many a year now and am fully versed with your position with regards to SEY (and chicken bricks!). Have always regarded your posts as carefully considered, balanced and factual, and as such you are on my mental list of reliable posters. Crawling over. LOL.

stockdog - LOL

Starfrog - thank you

Stockdog - LOL

fido,

I am a long term holder of SEY, and I welcome a contrarian viewpoint, provided it is based on fact, and not just made up rubbish to support a negative view.

FWIW I value SWW's posts, even if I don't agree with all of them, as they give an alternate viewpoint, and a reason to think, and maybe look at something from a different angle, which is not a bad thing IMO.


We have a good thread here, and there are no rampers nor derampers IMO, and Moneyam lacks the hits of ADVFN, so hardly worth even trying to ramp/deramp here.

StarFrog.
A good poster seeks to inform,whether it be good or bad. Even bad news is benificial if investers are more informed as a result.
A DE RAMPER has no such concerns for other investors and will slag off even excellent company news or positive poster.
I have known those who slag a company off big time when they are short only to praise them to the hilt a few days later when they are long, and again slag them off when they are short again.
Ask yourself who actually benifits from all the rubbish they spout. Certainly not the long term investor.
DE RAMPERS seek to turn the stockmarket into a casino for their own gain. If they succeed then everyone will suffer in the end. Pensions are built on solid equity foundations and DE RAMPERS seek to destabalise that.

Stockdog,

When I soaked my "sixer" in vinegar it didn't half sting!



Starfrog,

"you are on my mental list of reliable posters."


Good job you arranged the words in the right order there!

Is it good to be on a "mental" list?

fido - I agree with yout first comment but have to add that pensions are also built on short positions. If a professional investor cannot get a return for their client regardless of the methodology employed then (s)he can not be considered that good at the job. I know a lot of the readers out there aren't going to like that comment, but I'm afraid that is the way of the world.

If you are long on a stock and are comfortable with its fundamentals then why be so worried by negative posts. The majority of us can detect a blatant lie from the truth, and when not sure, have the resources available to check the facts.

IMO blatant "de-ramping" has insignificant or no affect on the sp of a stock, it only serves to wind up those who are not so assured about their own investment strategies and possibily puts off others from investing in a particular stock (but then of course, they should be doing their own research).

And just to answer your final questions. As a long term investor I have no qualms with derampers and the "rubbish they spout". As I have said, IMO this has no effect on my investment whatsoever. The sp of companies like SEY is based on prevailing market conditions.

DE RAMPERS seek to turn the stockmarket into a casino for their own gain. Which of course could include a fund manager in one of your pension schemes. So you would ultimately gain.