GKP

Redid the chart here, this time taking the absolute bottom of the candles.
Gives a target of just under 14p.....as opposed 14.5p on the last chart...
With the old gap @ 14.25p... i think the best entry is around that level, 14p imho...

This is very high risk, and i may not even take the trade tbh...

Regards,
Trendfriend.

Sold mine at 18.11.....

Sold mine at 18.00

looking to get back in tomorrow before Opec on friday.

Volume is some 18 million today....quite the exchange of shares going on....

Thoughts abound on a take over,....or a potential purchaser doing a number on the stock, bashing and using their "power" to get the sp lower.

All doesn't add up to me.
From pure market (buy & sell) perspective, how does it look intra day? (I don't have such a service, only end of day closing price data).

hope so.... if its take over.. I will be happy any price above 250p lol
was thinking n waiting for 800p plus, but now....250 too is ok lol

tired..of holding from 2009.... first bought at 22p, never traded....other than this week....

ta
G

I totally hear you...my first GKP purchase was 10.5p and I only took my money out at £2 plus, so I had a great ride.

My only regret was not taking the free shares out at £4.
I kept them and I have added some at 40p and some at 30p, so I hope to get some at "a bottom" what ever that is, and hold for the end game.
Same situation with XEL one day....I will look back at this part of the oil cycle and laugh into my Shiraz

Perhaps what we are witnessing is capitulation? Heavy volume on down days, reaching and pushing for a final bottom?
The lowest this share has been is 4.8p and that was in MAR 2009 with no oil, no super giant "world class" oil finds, admittedly in a touch part of the world, ....but on shore.
We are now pushing oil through the pipeline, no more trucking 2000Km and as a low cost producer of 40K barrels a day....I think we now have limited downside (gulp....did I just say that?)

dinarvets.com/forums/index.php?/topic/21...zani-8-billion-dolla

Perhaps its always darkest before the dawn ?

Here is hoping to a better 2016