17/12/14
Rose Petroleum’s Utah milestone prompts punchy broker upgrade
News that the first Paradox shale well has taken its initial step to production has prompted an upgrade from finnCap which lifts its price target from 7.5p to 12p - a punchy objective which suggests some 650% upside to the current price of...
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Probably north of 5p as investor sentiment is usually very bullish ahead of new ISA season and we are after all expecting price sensitive news.
Personally, I don't agree with shorting stocks. Large cap stock can be fair game, but pre-commercial stock that have real potential, no. The harm shorting can do can kill the company. QPP, the company deserves shorting as its nothing more than a shell, a vehicle for corrupt management that have previous. FCA have failed us all.