Enquest Share Discussion Threads

[leoneobull] 01/4/2019 18:30

And more from LSE, Baron the legend could generate a bit of interest and liquidity..

Nickel_Investor
Posts: 3,114
Opinion: No Opinion
Price: 20.46
RE: Twitter Baron addingToday 17:36yeah he's definitely up with the best on twitter to follow, if not the best. Called SQZ at 5p... now over 120p... RPT at 5... now 40p, Evraz at 60p ... now £6, FXPO at 37p now £2.65, loads of amazing winners. He doesn't put in a couple of quid either, apparently worth millions. He often shows screens shots of his holdings too to show prove there's no BS. He gets them wrong like everyone also but overall would say he's hard to match especially in oil, base metals. Him buying here will get loads interested. Got myself some too just on the bell ! GLA

[stupmy] 01/4/2019 18:09

A nice strong move up on Brent and WTI at this very moment. If that is sustained overnight, I can't see this not moving further up tomorrow. I'm sometimes flip on BB's but on a serious note, I wouldn't get carried away with 'immediacy' based on the CEO buys. For me, it underlines his faith in the company (maybe encouraging for Hub and holders and for in and out fast buck merchants, simultaneously discouraging for those holding shorts: this might give a squeeze to the upside, maybe that's started this alvo), but it almost certainly means there are no imminent news announcements coming for ENQ. That means that share price will be driven by emotion/FOLO and spot POO.
I will trade my positions according to these beliefs and not according to my very own 'to infinity and beyond' mantra, that is, in fact, me gently poking fun at the 'golden ticket' brigade.

[s34icknote] 01/4/2019 17:36

On a pe of 2.6 .Is this correct ?Could double or treble and still be cheap !Or am I missing something !Oil price increasing and production should be up too in 2019.Sicknote

[leoneobull] 01/4/2019 17:34

Dear all.

Talk on LSE of Baron the legendary day trader (actually i'd never heard of him!) having taken a decent position on ENQ and of his army of followers following suit.

I've copied some of the Tweets -

Baron Day Trading
‏

@barondaytrading
4h4 hours ago
More
Nice. #ENQ Director buys £534K of stock. Alerts on break back into the 20s

2 replies 1 retweet 5 likes
Reply 2 Retweet 1 Like 5
Show this thread

Baron Day Trading
‏

@barondaytrading
8h8 hours ago
More
Nothing major but a slight average up on short term #ENQ. 300,000 shares added. Surprised #JKX has opened down given Zelenskiy's lead in the presidential elections. His close ties with JKXs largest shareholder would be seen as a very favourable outcome. Also think provisions!

[deanroberthunt] 01/4/2019 16:38

finished at day high, bodes well for tomorrow

[american idiot] 01/4/2019 16:28

More to come tomorrow. Very strong buying into the close :-)

Brent $68.7 and rising :-)

[mallorca 9] 01/4/2019 16:22

Heavy buying into the close - a good sign.

[stupmy] 01/4/2019 16:08

Looking great in theory. WTI bang up underneath its 200sMA and looking bullish for the moment. US500 on the up, CEO buying shares like he's a booking a holiday at Billy Butlin's (Book early or you won't get a place).

More Brexit shenanigans on the horizon this evening so at least for UK markets tomorrow could be interesting. Hedge funds betting against banks. I'm long banks, long gold, long oil. Bit nervous as we are not in a raging phase of a bull market. Depending on how you want to look at it, you could argue we could be a topping phase. That often comes with yoyoing prices before a more sustained decision on direction.

Good luck all that are holding. For my money I think we will see 22.5 and the only member of the board that has more shares than I do is Amjad.

[andypop1] 01/4/2019 15:42

Deano,
I'm not a greedy man so I thought I would leave a bit in for you.
You deserve it more than me for the effort you put in!

[cumnor] 01/4/2019 15:34

Big statement re ENQ by CEO-the important thing here is 'Family' trust-one thing gambling with company handouts, unlikely with family savings-and just before tax year. end. Thrown the shorts off a bit.

[deanroberthunt] 01/4/2019 15:25

out. it's only just begun.....ask Karen

[andypop1] 01/4/2019 15:16

I'm out.
Good luck.

[stansmith3] 01/4/2019 15:10

shame onedeuchbags ta was about 5 bucks out of line with brent...aach just a minor disparity that can be explained with colourful languageprobably a bit concerning that he has wet the bed again with the pop to 20in all seriousness anyone trying to base what is going in here on TA is completely delusionallast week was resultstoday is the ceo buyenq is very resistant to poo compared to its peers

[american idiot] 01/4/2019 15:01

Onedb1, yes I'm aware of that.

We was actually on the way up at the time within the overall downtrend ;-)

(Mid February then a broker note came out and ruined the party)

[onedb1] 01/4/2019 14:58

AISorry to be pedantic but on the way up you have resistance on the way down you search for support . I can post the levels later this evening . If interested . All the best .

[onedb1] 01/4/2019 14:56

Good to see them putting in a substantial buys in . Am about 0.5 overall down so starting to move in the right direction

[s34icknote] 01/4/2019 14:31

Going up with a ii selling .Once they finish the rise will increase faster !Sicknote

[american idiot] 01/4/2019 14:28

Stupmy, 21.8p was last resistance on the way down.

I guess that is where we are now heading :-)

[deanroberthunt] 01/4/2019 14:28

36p just to be back square on fundamentals with PMO et al.....

[stupmy] 01/4/2019 14:26

I'm actually getting quite excited now, that's 3 substantial buys from the CEO. For my money that's a buy signal in itself. I'd like to see a close over 20p which would activated a 123 low formation on the daily chart. After that I see 21.9 and 22. 5 areas as potential decision points. If the price gets beyond 22.5 then 'obviously' it's "to infinity and beyond time".

[american idiot] 01/4/2019 14:25

Brent $68.4 and heading towards $70

Enquest 19.82p and (hopefully) heading back into the 20p's

I still await the broker upgrades to reflect higher Brent prices than when they penned their analysis !

[stupmy] 01/4/2019 14:16

It seems that CEO buy has lit the touch paper under this baby.

[deanroberthunt] 01/4/2019 14:06

BOOMTIME cometh