Trading the stockmarket (NO Referrals)

lozza23_uk · 2 Jun 2010 at 13:34

got in at 179.5 rkh, and 74 des.

fingers crossed. GL.

robgmun · 2 Jun 2010 at 13:36

maybe people selling RKH and moving to MTA

Firestar_3x · 2 Jun 2010 at 13:38

If only

Ranger07 · 2 Jun 2010 at 13:48

Got in on DES @ 72p, Glad I popped onto Ocuk as I wasn't keeping an eye on the markets today

robgmun · 2 Jun 2010 at 13:51

There's no way i'm touching RKH right now, it's too wild. I will wait until the dust settles. The only way is if i had L2 running in the background.

Ev0 · 2 Jun 2010 at 13:52

Yeah it's recovered nicely, but would be interesting to know what happened to cause the large swing..

robgmun · 2 Jun 2010 at 13:53

You really only had a few minutes to make a killing and unless you had L2 running you would have missed it anyway. not for us mere mortals

Firestar_3x · 2 Jun 2010 at 13:56

My thanks goes out to PMKeates, very well spotted indeed

PMKeates · 2 Jun 2010 at 13:57

Firestar_3x said:
My thanks goes out to PMKeates, very well spotted indeed

At 50% profit commission I think my fees are pretty reasonable, too

All we need know is some good news and we'll be quids in!

EDIT: RNS out. Just comments on the SP movements today and that things are still going along as expected with some trivial delays in returning a sample to the UK for analysis.

Ranger07 · 2 Jun 2010 at 13:59

Firestar_3x said:
My thanks goes out to PMKeates, very well spotted indeed

+1

Anyone that doesn't have LV2 sign up for a free shareprice.co.uk account, OK its not as good as LV2 but its great for keeping up with live prices.

Beansprout · 2 Jun 2010 at 14:00

I've bought back what I sold, at a loss of 1000 shares. But better safe than sorry - L2 book was empty for a long time which caused the *massive* drop.

Should've *bought* at these levels not sold...(even though I only sold a small amount to cover worst case)...hindsight is wonderful....but welcome to the party everyone who took the opportunity

booyaka · 2 Jun 2010 at 14:08

certainly a wild day - been doing some spread betting on igindex and the markets seem all over the show today.

5 bets on various indicies and shares, and all down at the moment - holding my nerve as best I can. (made 40% yesterday but looking like giving that all back today!!)

Share portfolio is fairly steady at the moment. nice 9p dividend from Standard Life the other day but share price is still 15% down on my original buy price.

PMKeates · 2 Jun 2010 at 14:16

I feel genuinely sick for those that had decent sized holdings with stop losses at say 200p or even 100p. Major annoyance for them.

Firestar_3x · 2 Jun 2010 at 14:20

Ranger07 said:
+1

Anyone that doesn't have LV2 sign up for a free shareprice.co.uk account, OK its not as good as LV2 but its great for keeping up with live prices.

Just singed up, setting up a portfolio now, i take it when you add a new item the "price" is price you paid per share?

Duke · 2 Jun 2010 at 14:21

That Rockhopper one was crazy earlier. Lucky for those that got in about 1pm-1.30pm.

PMKeates · 2 Jun 2010 at 14:22

Firestar_3x said:
Just singed up, setting up a portfolio now, i take it when you add a new item the "price" is price you paid per share?

Yup, that's right. They have a cool phone app that will give you live prices and portfolio updates to your phone when the app is open, also free. I have the Android one and it's very good.

robgmun · 2 Jun 2010 at 14:24

gutted that i didn't see the RKH one in time, buy the time i saw the post it was almost completely recovered already

smokedog · 2 Jun 2010 at 14:37

Duke said:
That Rockhopper one was crazy earlier. Lucky for those that got in about 1pm-1.30pm.

Yeah I was bricking it, I had to remove my stop loss quick before it kicked. I bet some people loss some serious money over this.

gjrc · 2 Jun 2010 at 14:40

smokedog said:
Yeah I was bricking it, I had to remove my stop loss quick before it kicked. I bet some people loss some serious money over this.

i was at lunch watching the stock tumble on my blackberry. crapping it.

they have released a statement saying they have no idea what happened to cause the price movement....!??

Firestar_3x · 2 Jun 2010 at 14:47

PMKeates said:
Yup, that's right. They have a cool phone app that will give you live prices and portfolio updates to your phone when the app is open, also free. I have the Android one and it's very good.

Cheers, just had a look at that app, seems good i've been using Bloomberg so will change over.

gjrc said:
they have released a statement saying they have no idea what happened to cause the price movement....!??

Whats bad for some is great for others

Business Financial Newswire - North Falkland Basin oil and gas explorer Rockhopper Exploration says it is not aware of any reason for the significant movement in its share price.

The firm says work is continuing on analysing the results of the Sea Lion 14/10-2 well and this is expected to be concluded shortly.

The directors have no reason at present to believe that the outcome of the analysis will not meet their expectations as regards to potential resources.

It adds: "As regards oil quality, there has been a delay in returning a sample to the UK due to air transport logistics difficulties between the Falkland Islands and the UK and subsequently clearing Customs.

"The sample is however now in the UK and analysis will be underway very shortly."

It says a sample from the shallowest oil sand in the well was subjected to a preliminary test in Stanley and this indicated a medium grade crude, broadly in line with the directors' expectations, with an API of 26.3.