http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

there's bound to be profit-taking and even forced selling in this very twitchy market

re - RKH, DES,FOGL

HOW THE SHARES HAVE BEEN PERFORMING during the last month

and do you draw any conclusions from the above, or are they just for interest and ornament?

cynic

I am not a "cynic" like you, but if you look closely......then Today is profit taking day.

and some posters were making comments about the 3 shares
really selling the other two and buying RKH was not a good idea for earlier today

But selling all of them during the day was the best one could do. But ofcourse some are looking long term.

mine was actually a serious question, by my standards
thank you for the elucidation, but despite this very twitchy market, it's certainly noticeable that RKH is still holding quite comfortably above the psychological 200

Been sitting here all day watching on and off hoping to buy more of theses babys as cheap as i can.

keep hoping for a good pull back on the share with profit taking but it aint happened yet.

On level 2 there are twice the sellers but the price holds

After the Intraday high yesterday of 275p ( naturally a spike ) the shares are now on the way down ( YES profit taking ).

on fibonacci retracement next is 183p

So Master you think wait till tom to buy maybe? its dropping now.

thanks for that last bit .... perhaps i'll bite at a few more if sp hits that level

Been off loading a few DES all day to Buy more in here.

GRRRRRRR self trade wouldnt take my order,usless or maybe just fate and the share might drop little more tom and i can re top up.

use a decent platform!

markymar

re - So Master you think wait till tom to buy maybe? its dropping now.

tomorrow is another day, but without further news, investors ( maybe punters ) are taking profits and large too.

profit taking takes more than just a day also, so all depends of how much is on each day and if more news come along, there is going to be pull backs one way or another, but also remember the 183p retracement is only one step, next is 156p, and so on.

on the other hand, with confidence returning to the market with the end of the political quadrille, then it's anyone's call, with the odds now surely favouring (imo) a reversal of today's losses here

Fibonacci retracement
Below prices at which point are posible bouncing back territory 184p, 156p, 128p, 88p,
the best bounce back is 61.8% retracement = 128p

i am sure you are right in your analysis, but i am sure you would also agree that charts are only a tool and certainly not remotely self-fulfilling

Further 690,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 54p per share.
Back of fag packet calculation. As they already have 174,084,954 Ordinary Shares in issue, this will be a dilution of about 1/300th.
But no doubt the doom mongers will be making something big out of it.

I'm no doom monger...just a realist, until there's more good news the sp will settle lower. Cynic has rose tinted glasses on along with the other ramper on here....not marky I hasten to add.

good news next week?

not particularly Emu, but i am happy to sit with what i hold, and if i happen to be proved right, i shall of course be delighted