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BN66 - Round 2 (Court of Appeal)

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    Originally posted by robinhood View Post
    They are pretty much all or nothing. Patience is the key as I learnt last year when getting nervous and deciding to sell all of one particular oily at 6p. Now they are 20p. I'm up so far 35% but longway to go !

    Coincidently todays Investors Chronicle list 7 oilys they reckon are set for the big time. Luckily i have 2 of those already !
    And the 7 are?

    Comment


      Originally posted by lucozade View Post
      And the 7 are?
      These ones for anyone interested...
      Chariot Oil & Gas Farm-out Drilling

      Bahamas Petroleum Farm-out Drilling

      Tullow / Shell / Total Drilling French Guiana & Guyana

      Aurelian Oil & Gas Drilling Tight gas test result Drilling

      Range Resources Drilling Georgia Drilling Puntland

      San Leon Energy Oil shale test result Drilling shale gas Drilling shale

      Comment


        Originally posted by robinhood View Post
        They are pretty much all or nothing. Patience is the key as I learnt last year when getting nervous and deciding to sell all of one particular oily at 6p. Now they are 20p. I'm up so far 35% but longway to go !

        Coincidently todays Investors Chronicle list 7 oilys they reckon are set for the big time. Luckily i have 2 of those already !
        There's a time honoured saying in trading "cut losses short, let profits run".

        Since you're investing AON, you've no control over losses, so you need to extract as much profit from the winners as you can to offset the inevitable losers.

        I'm not suggesting you follow the advice in this article but it might give you some food for thought.

        Stock Market Investment Advice

        All the best!

        DR

        Comment


          Originally posted by DonkeyRhubarb View Post
          There's a time honoured saying in trading "cut losses short, let profits run".

          Since you're investing AON, you've no control over losses, so you need to extract as much profit from the winners as you can to offset the inevitable losers.

          I'm not suggesting you follow the advice in this article but it might give you some food for thought.

          Stock Market Investment Advice

          All the best!

          DR
          That saying is fine if the fundamentals of the company have changed, if not then the last thing you want to do is to panic sell at the slightest hint of a downturn. If the company is still sound then average down and buy some more on the cheap (if you have a strong resolve !).
          My strategy is purely based on one of the 4 i have hitting the big time. If i make a loss on the other 3, i'll still be nicely ahead..i hope.

          Comment


            Originally posted by DonkeyRhubarb View Post
            Personally I wouldn't be suprised if we have to wait several more months.

            I would hope that we might get it before the courts break for summer recess at the end of July, which would be 9 months after the hearing.
            (
            Sorry? The courts, like school children, have summer breaks? You're kidding I hope, but it wouldn't surprise me in the least.

            Comment


              Originally posted by phileds View Post
              Sorry? The courts, like school children, have summer breaks? You're kidding I hope, but it wouldn't surprise me in the least.
              Yep, they break for the whole of August and September.

              Comment


                Originally posted by robinhood View Post
                These ones for anyone interested...
                Chariot Oil & Gas Farm-out Drilling

                Bahamas Petroleum Farm-out Drilling

                Tullow / Shell / Total Drilling French Guiana & Guyana

                Aurelian Oil & Gas Drilling Tight gas test result Drilling

                Range Resources Drilling Georgia Drilling Puntland

                San Leon Energy Oil shale test result Drilling shale gas Drilling shale

                Robinhood - like you, I too am "Xcited" about the potential future with the oilies. Range, Red Emporer all sound like interesting prospects....

                Comment


                  Originally posted by GottaBeOptimistic View Post
                  Robinhood - like you, I too am "Xcited" about the potential future with the oilies. Range, Red Emporer all sound like interesting prospects....
                  yes never a dull moment holding oilies !

                  Comment


                    funny, i bought two of them yesterday and noticed a slight rise in their trading price as there was quite a flurry of buys after you posted them online.

                    Hilarious if the BN66 forum are responsible for driving up their price! if only they knew

                    Comment


                      Originally posted by robinhood View Post
                      These ones for anyone interested...
                      ...Range Resources Drilling Georgia Drilling Puntland ...
                      worth a gamble..?

                      Comment

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