Oct 30 2012 @ 15:22
Caza Oil and Gas stock (
LSE:CAZA) is vividly attractive, as speculators would see. This is not declared because of a herd mentality, but because of a valid technical reason. Panic buying is considered a bloomer, unless the reason for doing so is judicious. Do not chase the markets – a dog must not chase a […]
Oct 30 2012 @ 03:38
UK oil giant, BP plc (
LSE:BP.), is nearing its target to break out of the financial burden from the horrid Gulf of Mexico oil spill that has damaged not just the company’s image but its balance sheet, but the legal battle over BP’s accountability in the largest oil spill in history is still on and […]
Oct 26 2012 @ 06:50
To give the Daily Mail credit it has now removed from its website the article suggesting that penny share dreadful oil producer and cash cow (for chairman Jim Ellerton but not for long suffering shareholders) Sefton Resources (
LSE:SER) was producing 220 bopd from 20 wells on its Tapia field. We all know (and the Mail […]
Oct 25 2012 @ 08:35
I have been a market reporter. I know how it works. Someone you know calls you with what seems like a good story. You run it. Your team is on the box that night. You file your article. Good job. But just occasionally you are being played. The question is by whom? And unless someone […]
Oct 24 2012 @ 07:19
While a premature release of a financial statement cost one firm billions worth of its market value, one development in an oil and gas company’s interest nearly missed its chance to add value to AIM-listed Solo Oil plc (
LSE:SOLO). But our resident analyst at ADVFN has recommended a buy on the stock hours before the […]
Oct 24 2012 @ 04:27
Independent oil and gas explorer Sound Oil plc (
LSE:SOU) has been measuring up to its name recently (I’m not exactly saying it wasn’t doing that in the past) – being sound with decisions and strategies, whether in disposing assets or securing funding for existing operations. In less than a week, the company has negotiated deals […]
Oct 24 2012 @ 03:34
Sefton (
LSE:SER) groupies are terribly excited that Mohammed El Fayed has picked up 15 million shares (just over 3%) of their company. Er up to a point. And it makes no difference. The stock is worthless. My target remains 0.1p and it is a stonking short. Here is why. The shares have actually been picked […]
Oct 24 2012 @ 01:23
Solo Oil (
LSE:SOLO) shares have shrugged off bearish threats and have started going up. This development is not in isolation (there are other bull markets), because a stock rarely moves in isolation from other stocks. Buying a bullish breakout in this type of market is one way of making money. Ultimately, this would be in […]
Oct 22 2012 @ 08:27
With the negative publicity of the infamous Deepwater Horizon oil spill in the Gulf of Mexico now fading into the past, BP (
LSE:BP.) has been able to focus on its 2nd worst nightmare, a partnership gone terrible wrong with the Russian oil giant, TNK-BP. Several months of negotiations have produced an agreement with Rosneft, another […]
Oct 22 2012 @ 03:59
I have time and time again asked questions about the utterly misleading statements issued by AIM listed penny share dreadful Sefton Resources (
LSE:SER) about its output in California. It seems that the company just cannot help itself because we now have proof that what it said about September data is misleading. Is it time for another […]
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