Re: Dig you guys..... ok . maybe I jumped the gun there . . thanks for the response
Re: Dig you guys..... Zoopla might be a short @ 205/6..but theres only 7 months of data?? best o luck 1b1..xxx
Re: Dig you guys..... Hi LambriniSorry this OT i.e. non MAGP related . What do you reckon on Zoopla ? Short once again at this level ? Seen the chart ? Risk reward would seem good . i.e. stop loss just above the descending upper trend line and reward all the way down the 140 higher 130s / I thought I may ask to see if you agree . Share some trades I guess Am neither long or short at the moment there ., but the chart looks goodSorry Magp BB . Tough times here for ages
Re: Dig you guys..... machine putting up 'weak' buy/small stakes..
Re: Rampers gone? It is very quiet Richard.Even following the quarterly update earlier this month:Magnolia COO, Rita Whittington said, "With 15 new wells commencing production during the quarter, our total producing well count now stands at 176. In addition, we elected to participate in 14 new wells alongside established operators and secured permits to drill two vertical wells targeting conventional payzones in 2015. We therefore continue to make excellent progress towards delivering on our objective to rapidly build Magnolia's production and prove up the reserves on our leases, covering over 13,500 net mineral acres in historic US onshore formations. Against a backdrop of heightened oil price volatility, we view the continued high level of activity in our key areas of interest as testament to the attractive economics of drilling proven plays in Oklahoma, where costs to drill are relatively low, access to infrastructure is excellent, and payback credentials are strong."Even with the decline of the oil price - I still see MAGP as a long term investment.Maybe I am throwing good money after bad, but I would expect this share to bounce back at some point!
Rampers gone? Where have they all gone? Anything to say now? Looks like bail out time?