Borders & Southern Petro... Share Discussion Threads

[ride the wave] 04/1/2016 22:02

We closed on a nice white candle and it seems like 1.75p old resistance has now become support . The 5 dma has crossed the 10 which is very bullish and the macd is positive . The rsi is nice and low at 61 and there were quite a few trades today , we are creating higher highs and higher lows on the chart , so I think it's safe to say that sentiment is finally changing .

Borders have been in a downtrend for a very long time , but nothing lasts forever and we could go back up much faster than we fell . Over the last few sessions it seemed that the market makers needed our shares and that's why they kept raising the bid . I think that we will see more buys tomorrow because the traders who do t/a will buy in and the snowball effect will happen as more and more people join the party , as the price keeps rising (uptrend higher highs and higher lows) . Should reach 3p - 3.5p quite quickly because there's hardly any resistance on the way back up .

[ride the wave] 04/1/2016 21:58

Barvin , why don't you average down if you believe in the company ?

It's a no brainer mate IMHO

[ride the wave] 04/1/2016 21:57

Borders have enough money to last them over 10 more years !! .

It's all comes down to :- do you think the price of oil will be higher ??

[barvin] 04/1/2016 21:29

I remain a holder here, but your loyalty to this board of directors is madness. Best chance of a half ecent return here is a takeover which I predict will happen this year and maybe get a multiple or two back from the purchasers share price as oil rebounds.

[barvin] 04/1/2016 21:24

The only one on this planet that could conjur up, "played a blinder by playing the long game" in relation to BOR. Burnt through £80 mill of cash and lost 95% of share price. All for the bargain salary of 500k a year. #delusionalmug

[ride the wave] 04/1/2016 21:05

Get back in your box you silly mug .

This was and still is ...a long term hold of mine . I bought quite a few :) around 1.6p and averaged down so this IS exciting for me . I think our bod have played a blinder by playing the long game , they ain't no mugs like Brian or Barvin (lmfao).

They own 14% of the company and know that Darwin is Robust and technically sound . This is the reason why I don't mind holding for however long it takes , whilst at the same time increasing my holding substationaly by taking full advantage of the cheap share price . Borders have more money than their market cap so you are buying when nothing is priced in whatsoever .

The most important thing is buying a share at the RIGHT PRICE and at 1.8p you can't go far wrong , even mugs like Brian and Barvin must know that (pmsl) . When Borders proves up Darwin and its commercial (inc flow testing) then these will be £1 a share . So you could turn £1800 into £100,000 just by buying low and being patient IMHO , that's why I've got all the patience in the world (despite what the mugs say).

I'm holding just under 1m of these little beauties , so come back in a few years and see how I'm doing then.


Ps watch the buying pressure all this /next week ..... as the smart money enters .

[barvin] 04/1/2016 20:03

Only another 320% to be back at the price we were 6 months ago. Exciting stuff, not #roflmuglol

[ride the wave] 04/1/2016 16:20

Bid ticked up now at 1.75p - the market makers want shares !!!

[ride the wave] 04/1/2016 15:33

Full ask being paid at 2p now .

[ride the wave] 04/1/2016 10:43

Keep red ticking because the share price keeps on ticking up and I'm calling it right .

1.6p bid and 2p ask

Brian youre a TOP CLASS MUG !!!!

Aye and LOL

[ride the wave] 30/12/2015 17:29

Bid jumped up , they must want shares !

[ride the wave] 30/12/2015 09:34

If you look at the 1 month chart , it looks like we are on the right shoulder of a bottom reversal head and shoulders pattern . If I'm right we should see the share price go up to 1.9p pretty soon IMHO Dyor .

[ride the wave] 29/12/2015 18:52

New support just above 1.4p ??

[ride the wave] 24/12/2015 14:12

Don't think so , my average at LEG is 0.95p LOL .

[ride the wave] 24/12/2015 10:26

Far from dead in the water , Bor have enough cash for another 9 years PMSL and Poo can shoot back up in a instant when the powers that be decide that enough is enough . Our CEO knows what he is doing and that's why we havnt ended up like Fogl and Arg . These prices are a steal if your prepared too wait and if you don't need the money . Oil goes in a cycle and only a fool would think that it won't go back up in the next 1-2 years maximum . Darwin and Sullivan we be game changers and I for one will be here when that happens . It's like when the banks collapsed , everyone was running scared , but those that bought on the fear done very well indeed . Nothing is priced into Bor so it's a fantastic opportunity , I know it takes a lot of balls to average down and that it's not for everyone (horses for courses) .

ATB

[trentendboy] 24/12/2015 09:22

Dead in the water. Undersold, oversold, what matters is the fundamentals and gas/oil price. Decent prices are many years away. This share cannot survive the wash out.

To buy more in an effectively doomed stock is most odd. Good luck though, brave decision

[ride the wave] 23/12/2015 19:38

Goto lové the big spread with a tiny sell at the bid during the last few days . Who are they trying too kid ? . Had gaps down to try and flush the weak out before we starting moving up again . Some nice white candles have formed so we should see a few more buys soon . I know the poo is low but this is the right time to load up because everyone is fearful . I've got loads of patience and as I've said from day one , this is a long term hold until we start drilling again . In the long run the poo will/could be a blessing in disguise because I will have a lot more shares , when it matters the most !!!

DYOR

[ride the wave] 21/12/2015 16:53

Well I waited and waited but it never got to 1p . I think that we have seen the bottom at around 1.2p and that the 2.4m huge buy /trade might have been the last few shares left by the seller . The share price is moving back up and there have been quite a lot of buys recently , so I decided to average down by buying 250k at 1.62p (showing as a sell) and 100k at 1.65p . When I bought these I was extremely lucky to get that price because there was only a few shares left and then it was 2.02p ask . The RSI is way oversold and was below 30 so fingers crossed eh ?

I still have to purchase a few more , so let's see what happens .....

GLA

[wordog] 21/12/2015 15:06

Trading below cash now

[whoppy] 18/12/2015 15:29

£36k. Why?

Yesterday when I looked at my online account after the market closed I nearly had a heart attack. It showed Borders with a share price of 45p and worth £66k. I thought there must have been some news, but it was a mistake. An error on the closing price of 1.45p.
Maybe a sign that something is going to happen. I have noticed a lot of big buys over the last week. Maybe a farmin is coming with a major now we have a friendly pro business Argentine government.

[ride the wave] 18/12/2015 14:17

Huge trade just went through !

Must be a buy IMO

[ride the wave] 17/12/2015 17:25

Nice one Brian !!!

[brian boru] 17/12/2015 17:18

well done RtW - hope it comes good for you :)