Empyrean Energy Share Discussion Threads

[pro_s2009] 26/4/2022 21:50

The most obvious answer is that they have oil shows during drilling and now need the extra 7 million dollars for testing.... And so today that process started... And as always..... Its been sold into before the official news cones out.

[kilijarslan] 26/4/2022 21:47

Why has the share price dropped back to the 8's?

[begorrah88] 26/4/2022 19:44

You don't know why everyone is so worried yet you are flapping wildly from ramping to being full of woe then back again whilst throwing out puerile jibes.You're fooling no-one panic boy.

[ride daice] 26/4/2022 19:00

I know nowt. But it feels more like a ram raid than a material event to me. So lets see if we are sans RNS circa 07:00 tomorrow. GLA, DYOR, IMHO, NIAI, STFU etc....

[cerrosdelaguila] 26/4/2022 18:56

Yes it stinks

[daler1966] 26/4/2022 18:12

Bring price down 23% then get in on the act... because they can ...

[nametrade] 26/4/2022 18:11

More like CLNs accelerated ...massive volume for EME..
But nobody knows...

[nametrade] 26/4/2022 18:08

cashandcard....that would be insider trading of the week?? 30m traded because they know something the rest of the market hasn't been informed about...?

[cashandcard] 26/4/2022 18:04

Well, not looking great here. Such is the oil patch, it's feast or famine for the investor. Hope you all took some of those recent profits (I did). Most wells fail to discover commercial HCs, regardless of how good the story is. Cash

[alexios1201] 26/4/2022 17:48

El Ohh ElFill to spill eh

[currypasty] 26/4/2022 17:37

30 million traded.. i think we have been flushed

[georgesorrow] 26/4/2022 17:22

Yeah, surprise, surprise. Massive delayed buys.

[bushman1] 26/4/2022 17:21

1,100,000. 2,000,000. 1,500,000. BUYS.

[noobiedoobie] 26/4/2022 17:10

Increased to 11.2% of target holding today

[bskiny1] 26/4/2022 17:05

according to ADVFN 3.5 million more buys than sells???

[georgesorrow] 26/4/2022 17:04

This all kicked off this morning with a rapid series of relatively small AT sells that took out all of the the MM bids over a minute or so. It was designed to set off the slide that followed. It did not look like insiders selling down big time on the basis of bad news leaking.
This looked like a managed fall, not a leak, from where I'm sitting. Panic not...

[bushman1] 26/4/2022 16:58

500,000. 300,000. 200,000. BUY.

[honestmarty] 26/4/2022 16:43

The share is down because the selling volumes are greater than the buying volumes.
Given where we are in the drill, holders are nervous, a little selling, a price drop, and suddenly everyone heads for the exit.

News leaking isn't enough, it has to leak to someone holding sufficient shares to drop the price when they sell.

The vast majority of those selling today are skittish punters, who saw it drop and bottled it.

No Plugged and Abandoned RNS in the morning, and we could see an easy 25% rise.

A poor night's sleep beckons.