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

I would take a punt on Sterling at 2.5p...but 4p plus : no way !.

the trend is your friend, a momentum play at present.

dealerdear

many thanks for putting some of the posters on the right place.

HARRYCAT

as it happens I have no " St. George blood " on my vains, but as a foreigner can give lessons on shares valuations and when will they move Up.

I know the reason for your comments, on the past i had to put you on you right place, so keep complaining if you feel better, but you will be more stupit as time goes by.

We are talking business not grammar, for you attention I do not event read back my typping just click - post message - after the typping.

edit - The last time I called you PUSSYCAT, do you remember?next time if is any maybe I will have to go back to the same special nickname.

SEY is the 3er most traded share today so far, at the rate can take 2nd place soon

1 RBS Royal Bank Scot 79,783K

2 WTI Weatherly 43,255K

3 SEY Sterling Energy 43,078K

required field

Stop taking rubish

The shares went well well down cos of the huge debt and oil price moving lower once again.

Now the debt situation has been address after the placing and the OIL price has recovered a lot from $40 to $70.

Just look at the chart below,
most times the share price reaches those highs once again with time,
and on looking the way the trend goes is pointing to that with time

good luck with you assestment, but there is not much reason behind it.

Maybe is time to look for other shares if this one is not at your prices, do not waste time around will be my advise

Looking at the Level 2, it seems a seller has come along late this morning introducing orders at 4.10p offer ( meaning wants to sell stock at his lower price ) the next price is at 4.20p offer, so till this is gone the price will not go better. maybe is a chance to get better price for the buyers.

You will undertand what I am saying looking at trades, were the last "AT" are all 4.10p, those are sells from the order book offer side.


The stock is now the second best traded

1 RBS Royal Bank Scot 87,949K

2 SEY Sterling Energy 47,283K

3 WTI Weatherly 46,328K

Sterling is rising on the back of GKP's success and also helped by "What's hot" tipping it...I'm just saying that it is way overvalued ....this is a one trick poney if you forget about the future madagascar drilling (that won't happen for 2 years yet).....so I'm pleased some people are profiting from the rise at the moment, but what's it going to be valued at when they spud : 500 million ...5p plus...it's becoming a joke !.

Oh dear Master - and there was I thinking you had a lot to offer........

Everyone can have a view and I thought mine was not so negative as you have made out, it dealt in facts.

You deal in lines on graphs and which have proved to be correct on more than one occasion, however that does not change what they need to do, by the way read the interims, Sterling say the same as me.

Don't try to advise me on my life or investments and I be tempted to advise you.

Personally I think this is a punt as I stated, what will you do ltbh?

Don't think so......

By the way is your christian name Paul?

poo bear : it is a punt....and high risk....heavens forbid if they find nothing....those that got in at 2.5p : well that's fine...but now far too risky to come in...

Oh master well done you have confounded your critics!

halifax

re -you have confounded your critics!

It is easy to talk, but in practise is more difficult to do it.
So far my idea is working to the plan, It was going to move north from there.

And as I said earlier the seller at 4.10p now it seems is gone so UP we go again

A the spread 4.23 / 4.29p +0.23p

the order book is still very strong on the bid side, as much a double the amount on the offer

If his christaian name is paul he will have a quite a few critics.........

another positive day with lots of volume, maybe something afoot soon
Good call once again Master RSI, spot on with the timing

required field - they are not likely to find nothing in Kurdisrtan.

Go to the web site and look at the info there, oil seeps on camera plus proven rock formation whichb is anangenopus to Taq taq.

Its all about how much imv.

As I said it's a punt, but the odds are smaller than usual industry standards imv.

Im holding for 10p.

THe sp is up with a strike already priced in....oil seeps on the surface is not a sure bet.....see Uganda drilling....this is valued at 350 million with just possible potential....what is it going to be valued at with a confirmed oil strike a billion ? then how much is Gulfkeystone valued at ? 3 billion....no... Sterling Energy is way overvalued by a mile...leaves no room for any discovery of any kind...

Is the forthcoming 2 for 9 rights issue @ 1.3p already adjusted in the sp?