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

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 )

bully for you old son!
i too am making money and, unlike most, actually banking a lot of the profits
have learnt (most of the time) that greed is the route to perdition

Well with 500 billion shares : I think it's on a par with Zimbabwean currency.

Yep Mugabe would be proud...I bet Brown and Darling (always reminds me of Blackadder that name) will be jealous as hell.....all that fund raising and Labour not getting anything.....tut tut...

cynic

re - i don't like SEY and have not touched it, much happier and safer with the likes of GKP and HOIL

A few lies on your post as usual if one covers a such diversity of stocks and have a poor memory like YOU .................

You are just "a pussy cat" for me to play at my plesure and caught with the trousers down ............

Picking petals >>>>>>>>>She loves me,..... She loves me not

           
GKP thread
cynic - 17 Jun 2009 17:06 - 203 of 335
thought the numbers were very unexciting to say the least, so cut and took a smallish loss

and then bought back at just under 29 on 8th august, so perfectly happy
in fact, i'm not sure i didn't get in/out in between too, but that may have been another small oilie

if you have nothing better to do, if you look back perhaps 2 years, i may even bought and lost money on SEY