The stock is tired and now frankly very unattractive. Far better plays out there in oil sector.
Look at the newsflow over the last 3 months. Not bad at all but the share price performance has been awful. Just a slowdown in newsflow and this stock imo will drift to 1.20 or lower. Hey imagine any bad news though, I am just being honest.
The great news is out. The move to the full market is on in March. Stock still very weak and imo on the way to 1.20.
I predicted 1.15 for yesterday . I reckon I was a day early. 1.15 looks like the 20 day moving average. Go through that and my 1.40 short term target beckons. Insane fall on perfectly good situation. Bear squeeze very possible.
Very stupid move. Very negative for private investors perception of share prophets.
I like the price action this morning. Looking for 1.15 today and still 1.40 this week. That is still below where it stood last April. All the great news since then being ignored and the blog been given credibility. Insane but now a great oppurtunity.
Well done hicorydiory.You sound like a really astute trader. Many others here (including me) are wearing losses.
We agree on that. I however find these daily moves beyond belief. I am very amazed these shares are not back to 1.30 by today. Remember at the start of the week 1.22. No news this week ,apart from today,and still down almost half at the start of the week. Boot on other foot next week I hope... Great weekend all..
There is no bad news but just a bad blog and dreadful fall in the share price. You sound a very nervous investor.