http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

nice fibbo analysis MRSI. you do not state your opinion on "todays bounce".or future price movement or tactic for dealing with. do you have one?
regards
edit; opinion matters less. tactic matters more.
regards
jkd

ORDER BOOK DEPTH

still negative to the bid side, but only 4 trades and is slowly getting back to level soon at this rate of recovery

jkd

I said yesterday on the UPS thread ........

Master RSI - 26 Nov'09 - 14:18 - 142 of 157 edit
KEEP an EYE
KGP 91 / 91.75p +3.25p

LSE was back in business and the steady opening today and the much stronger bid side on the order book, looks for a bounce from here.

The Fibonacci is saying .........BUY me now, I am ready to bounce back

Look at the Indicators bouncing from lows (oversold>

In the past 27 years, the UK market has risen 23 times in the period from 11 December to 5 January - falling 4 times.The average gain is said to be 2.57%.
Quaterly option expiry falls on 18 December, - markets usually do not fall in option expiry week.
You may do worse than buying Barclays, Mann Group, with contracts for difference.
I really can not guess what GKP is up to now and will leave them alone for the present, but SEY "may" drift up to 6p - 7p with the forthcoming share reorganisation and drilling. It may be worth picking up a few HOIL ?
Those are my tactics - for what it is worth.

Todd Kozel of GKP has been on CNN this AM. He says they have found 10-15 billion barrels of oil!

Todd interview
http://edition.cnn.com/video/#/video/international/2009/11/27/mme.b.todd.kozel.cnn

Just for my records offered prices now - BARC 297.40, EMG 318.30, SEY 3.82

grevis .... i wonder if that is a couple of zeros too many

There has to be a takeover for this company at some stage......or this company might want to be bought...

cynic: Nope, just play the interview!

Below the link

video of Todd Kozel interview at CNN

Thanks "Master" - most interesting video - You have served us bloggers well.

Yes thanks for that, all looking good, potentially 10-15 billion barrels and TK sounded as if he would be surprised if the co remained independent. Good luck all holders.
2517

Thanks Master--good interview. I'm long and strong!

so the boys tell me!
in recent days, it has been more than a little disappointing to see GPK tumbling away.
however, in yesterday's massacre, GPK seems to have been a rarity in finishing comfortably ahead
today has seen that continue strongly, though volumes are no more than adequate - i.e. by no means stronger than usual

Next week could see another surge up to 120p possibly on a crude and markets recovery (if there is one)....the amount of oil in the ground is staggering....has to be a takeover bid by another company sooner or later, might take a year but it should come...

A little "bird" is saying ......... news are expected tomorrow

30 November 2009
11.09 AM
Gulf Keystone Petroleum Ltd.

Director Purchase of Shares
Gulf Keystone Petroleum Limited (AIM: GKP) announces that on the 27th November 2009 Jeremy Asher, a non-executive director of the Company, purchased 2,000,000 common shares in the Company ("Common Shares") (representing approximately 0.41% of the issued share capital) at an average price of 94p per share, through Agile Energy Limited ("Agile Energy").

Agile Energy is a Channel Islands company owned by the Asher Family Trust, of which Jeremy Asher is the settler and lifetime beneficiary.

Following the purchase, Agile Energy has a beneficial interest in 14,000,000 Gulf Keystone shares, representing approximately 2.9% of the Company's issued share capital.

Agile Energy has also notified the Company that it has agreed to pledge its entire beneficial interest in the Company as part of the security package for a revolving credit facility to be provided to the Asher Family Trust. There is no change in Agile Energy's overall shareholding in the Company, and it continues to have an interest in 14,000,000 Common Shares representing approximately 2.9% of the issued share capital of the Company.

........... And news are here

Director buys 2,000,000 @ 94p

if that's the news you had in store, is not frightfully exciting - sorry