Trading the stockmarket (NO Referrals)

robgmun · 2 Jun 2010 at 11:40

yep me too, i swore to myself i wouldn't look at it again until friday anyway. But you lot got me excited

PMKeates · 2 Jun 2010 at 11:50

I'm already at a loss \o/

We'll be laughing when they strike the Niagara Falls of oil in the Arkhangelovskoe area and the SP hits 50000p.

gjrc · 2 Jun 2010 at 11:51

you MTA fans. can you explain what the value is after the price fell off a cliff in May?

just wondering as looking around at various opportunities atm

ta

Firestar_3x · 2 Jun 2010 at 11:53

PMKeates said:
I'm already at a loss \o/

We'll be laughing when they strike the Niagara Falls of oil in the Arkhangelovskoe area and the SP hits 50000p.

Which dream did this happen in?

Edit, woohoo 2.04 baby

randal · 2 Jun 2010 at 11:59

gjrc said:
you MTA fans. can you explain what the value is after the price fell off a cliff in May?

just wondering as looking around at various opportunities atm

ta

Months of promises about a fantastic payload at A13 (65m+), turned out to be an abysmal one of 7m of which 5m was already known about from an earlier survey.

The share was well valued prior to this news, meaning the bad news sent it into free fall from 5p to 1.7p in a matter of days. Read the most recent RNSs here: http://www.moneyam.com/action/nav/news you'll need to search for MTA in the Epic section.

We're now awaiting news on A12, the bolstering work on A13 and anything else positive...

PMKeates · 2 Jun 2010 at 12:00

Firestar_3x said:
Which dream did this happen in?

Dream? It's my investment strategy!

gjrc · 2 Jun 2010 at 12:06

randal24 said:
Months of promises about a fantastic payload at A13 (65m+), turned out to be an abysmal one of 7m of which 5m was already known about from an earlier survey.

The share was well valued prior to this news, meaning the bad news sent it into free fall from 5p to 1.7p in a matter of days. Read the most recent RNSs here: http://www.moneyam.com/action/nav/news you'll need to search for MTA in the Epic section.

We're now awaiting news on A12, the bolstering work on A13 and anything else positive...

hmm tempting.... although with RKH FOGL, XTA, GGG and BP in my portfolio i might already have enough exposure to this sector.

Simon · 2 Jun 2010 at 12:55

Firestar_3x said:
I was very tempted to sink some money into BP this morning, but i'm holding off, they have some way to fall yet imho.

9.6% dividend yield now.

Firestar_3x · 2 Jun 2010 at 13:03

Hmm good point Simon, i'm still in two minds.

PMKeates · 2 Jun 2010 at 13:07

RKH lol.

60% down so far. Just tested a sell on mine and got offered 62.5p.

EDIT: At 62.5p; now 77% down.

Firestar_3x · 2 Jun 2010 at 13:10

Seeing RKH at 210 atm?

If it is 60p whats gone on can't see any news for a drop to happen?

PMKeates · 2 Jun 2010 at 13:11

I'm using live prices from shareprice.co.uk. No news, so one can only presume a leak.

EDIT: At 150p now. Amazing to watch. Volumes are not high.
EDIT: At 168p after 5 seconds.

Firestar_3x · 2 Jun 2010 at 13:14

Well this is going to get interesting, i've always wanted into RKH but was too late to the party...

HEADRAT · 2 Jun 2010 at 13:18

Anybody tempted to buy BP stock, probably a good long term buy.

lozza23_uk · 2 Jun 2010 at 13:23

What on earth is causing RKH/DES etc to drop so drastically?

Resisting the urge to top up!!!!!

Firestar_3x · 2 Jun 2010 at 13:24

110, my god this is toooooo tempting!

PMKeates · 2 Jun 2010 at 13:25

I tried hard to get it at 62.5p but it just wouldn't go through.

For some of these SPs to be realistic, it would need to be a very disappointing set of results. For 62.5p to be real, something had to explode.

Could be the market makers trying to fill an order.

Firestar_3x said:
110, my god this is toooooo tempting!

Right now it's 205p, Bid 181p Ask 165.5p.

Beansprout · 2 Jun 2010 at 13:27

Sitting here on L2, RKH ha dropped hugely to fill a large order from the looks of it. This bottomed out the books and it's now recovering and looking more normal.

I sold an amount of my holding to cover my initial investment in case this was due to a leak of bad news, but I don't think it is. Recovering and at 200 now.

So now I'm very peeved that it's cost me accordingly for selling some in the panic, but better safe than sorry...

Firestar_3x · 2 Jun 2010 at 13:27

Ah k, i'm stuck on google finance charts, will check what TD say.

Firestar_3x · 2 Jun 2010 at 13:31

Got in a 182, let see what they close at today.