Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
DES is a joke I just do not see why it keeps going up, I'm still holding them so I may dump them soon as I don't think they have much chance of getting the money together for another well
Anticipation of the next drill I think. I only just remembered but DES and Rockhopper do have a production share and DES has got the drill for the next stage apparently.
iii did a condescending video on the whole thing including FOGL and mentioned it
So both their share prices are wavering up for similar reasons I guess, predicting possible future success.
Though I dont know what % that would be to RKH anyway
I think its often the case the share price contains 90 or 100% of the future success even before the actual good news. Shouldnt ever be that way but think it effectively is sometimes
VGM plunged at end week, bought back the bit I sold on its very brief rise. It went up because directors bought shares, which is a rubbish reason imo, I would have traded more had I realised
