cynic
- 21 Oct 2009 08:47
- 828 of 5505
sp has/had got ahead of itself, and my comment 822 late yesterday reflected exactly that
required field
- 21 Oct 2009 08:48
- 829 of 5505
Good morning Cynic.
required field
- 21 Oct 2009 08:50
- 830 of 5505
This next rns is crucial...it can send the sp either way....and how far is anyone's guess.
cynic
- 21 Oct 2009 09:03
- 831 of 5505
hence today's retreat as the wise take profits of some/all
Balerboy
- 21 Oct 2009 09:07
- 832 of 5505
Once again you did the right thing cynic, top slice was good at 1.26... wish i'd followed.
required field
- 21 Oct 2009 09:24
- 833 of 5505
Offer lower than bid..weird !.....never a dull day here....took more profits earlier...should be a rebound sooner or later.
required field
- 21 Oct 2009 09:32
- 834 of 5505
Was it something I said...what a pullback.
cynic
- 21 Oct 2009 09:51
- 835 of 5505
sold some more at 108 ..... better a modest profit than none!
required field
- 21 Oct 2009 09:53
- 836 of 5505
My lowest sell of late was just over 119p....probably now going to stay put...any news at all or is this nervous investors profit taking ?.
Proselenes
- 21 Oct 2009 09:54
- 837 of 5505
.
Proselenes
- 21 Oct 2009 09:54
- 838 of 5505
http://www.portfolio.hu/en/cikkek.tdp?k=1&i=18750
Looks like MOL have commented that there is no chance, at the moment, to ever get the oil out. The Iraqi government will have to agree.
Similar situation to say Scotland (Kurdistan) trying to sell North Sea Oil without UK (Iraq) approval.
Could be a big downer on the price for some time if the rumours build and more people hear about it.
required field
- 21 Oct 2009 10:04
- 839 of 5505
I reckon this company will be taken over at some stage....the Iraqis are desperate for oil revenue.....but anyhow on any discovery it always takes about a year to get production facilities up and running...and offshore : many years...
blueface
- 21 Oct 2009 10:07
- 840 of 5505
these shares are going south fast!!--usually somebody knows something before we all get to hear--maybe they have not found as much oil or any further oil in this deep well they are currently drilling!!--SELL guys and take your profits--these shares could well go to 60-70p very quickly!--or even lower back to @40-50p--let see what happens!--my advice personally would be to get out and review situation after announcement- SELL
halifax
- 21 Oct 2009 10:09
- 841 of 5505
Best to be on the sidelines until the new Kurdistan Regional Government is sworn in.
required field
- 21 Oct 2009 10:16
- 842 of 5505
Anybody with a friend on the drilling platform ?.
cynic
- 21 Oct 2009 10:17
- 843 of 5505
have now sold all but a modest rump ..... despite today's bloodbath, i have actually BANKED a stonking great profit, or put another way, the balance i hold costs me a "useful/good profit" less than NIL
=========
arguably "paniced out" too readily, but sp could just as easily have continued ever southwards - now +/-113
required field
- 21 Oct 2009 10:41
- 844 of 5505
Strong rebound...forced me into selling some more....great profit..up it goes again...how you ever seen anything like this since VOG or ITM ?.
cynic
- 21 Oct 2009 10:42
- 845 of 5505
even so, am not a buyer at these levels
required field
- 21 Oct 2009 10:43
- 846 of 5505
If it crashed : I would be stuffed but it has made a huge oil discovery so far so it can only go down a certain amount !.
cynic
- 21 Oct 2009 10:45
- 847 of 5505
indeed, though there is an element of truth that the baghdad boys will be as obstructive as possible with regards to granting export permission