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

RNS : 1.3p placing...I thought it would be 2p.....plus offer......this looks like a short at the moment and when everything settles down then it might be a buy....1.3p ouch !.

currently 2.62/2.66 + 19m traded

Well I won't be buying any at the current price.

Needless to say people are buying at 2.73p.....nuts....

concur .... good luck to them

The sp just has to come down ...funds raised amount to 64% (I think) of total shares in issue.....perhaps when all this settles down in a month or so it might be worth a punt but at 3p with the placing at 1.3p and massive dilution...no way.

Undoubtably a consolidation to follow at some point with +6 billion (?) shares in issue. Probably a good short when and if that happens!

Well they can't consolidate for some time yet.....placing and offer...I can't see a consolidation until next year.

And still the sp rises..I would get out now if I owned the shares....I reckon that Brown, Darling and the Bank of England have organised the money raising......must have printed a few billion over night.

don't get suckered .... you know you'll get burnt! .... plenty of "proper" stuff around on which to make good money

Yes at the moment plenty of better choices around in fact...this is now one hell of a bull run for ftse and certain aim stocks...

WELL the news are out now

I told you so and you could have double your money since, but like everything that goes UP also goes down.

Not today with the news.

Double your money from when ?.....wait for the sp drop....too much dilution....

required field

Look at the chart for the last 3 weeks, from below 2p to over 4p last Friday

on 3 occasions I sugested a good time to get some from 1.80p to 1.90p, April, June and late july.

That's allright if you time it perfectly.....few people do.....and there are loads of stocks that have gone up recently......this will look better when all this settles down : I mean there are something like 500 billion shares out there....and the company will still have debt.

MRSI ..... don't get girlie! ...... though you may often be right, i am sure you sometimes get it wrong, and even this morning it would have been easy to have lost or be losing money on these

I must admit I was a bit concerned about the share price direction this morning.
At least the way forward is now clearer.

Why should a share consolidation, if it ever happens, have a bad effect on the share price ?

I agree with MRSI, and think it is on its way up -

Did you eat those fish and chips ? Is it too late to take them back to the chip shop ? Perhaps you need a bit more salt ?

cynic

Do not try it to hard, the nickname maybe tells a lot about you.

I do not go around posting like others on multiple places, but the last ones I have lately for the last 3 to four month have been pretty good

Maybe you problem, is you are expanding a bit too far an failling on most, like this morning in SEY.

What was holding the price at SEY was the debt problem, once this is sorted then share price can go places provided the oil price holds.

In the mean time the share will consolidate till the placing and offer is over.


"Cynical Manipulation"
a cynic is defined as "one who denies the sincerity of others."

i don't like SEY and have not touched it
much happier and safer with the likes of GKP and HOIL which are "real" companies - or at least the latter certainly is, and the former trying hard to be one with a decent find already under its belt

re - much happier and safer

YES safer, but you do not get the returns I have in SEY, for the last 3 month.

You are forgetting, I am here to make money, better than the bank account ( safe )