Green Dragon Share Discussion Threads

[haroldthegreat] 07/4/2014 21:09

an apple a day keeps the dr away. i prefer the 10% a day. broker says worth 10£ so the 10% days should go on for a few more days. the only fly in the ointment would be losing the appeal , but there again if we win that would be worth another increase in the share price
how is the pizza mans short doing ?
just read post above if all goes well £40 so we have lots of 10% days to look forward to.

[megordon] 07/4/2014 16:54

Crazy moves on small trades, wonder how fast it's going to fall when profit taking starts with large trades.

[doc robinson] 07/4/2014 13:23

moving up again!

[stevo2011] 05/4/2014 14:16

Who knows doc - I agree with the above comments from other posters ref difficulty trading it due to spread and swings - think long term will do well, hard to call as already doubled in 3 days

[doc robinson] 05/4/2014 13:59

sounds very good will open strongly Monday based on the above?

[stevo2011] 05/4/2014 12:20

Green Dragon Gas, the Chinese coal-bed methane prospector, jumped 82 per cent after agreeing a landmark set of production sharing agreements with Cnooc, China's third-largest national oil company. The deals settled a dispute between GDG and its state-owned partners, which had drilled around 1,500 wells on its licences without permission. The deal "goes a long way towards effectively putting to rest two key concerns that have suppressed the shares over the past few years – uncertainty on asset ownership and funding," said Macquarie. The broker had a £10 target on GDG shares, nearly twice its closing price on Friday, with a bull-case valuation of £40 if everything goes right.

[bad robot] 04/4/2014 09:20

Yes you can short it , dangerous though because of the spread.


My bet is profit taking is due and it's friday too. Maybe are 100%+ on this and way way overbought .

It goes below yesterday closing price of 550p, the retrace would have started

sub 500p easy if the retrace starts.

But as the poster above stated not for the faint hearted.

[5310carraroe] 04/4/2014 09:04

Not for the faint hearted

[goosegog] 04/4/2014 08:58

Can you short this easily?

It's very illiquid so share price goes where a small no. of decision makers decide to take it?

Agree it must retrace.

Thought it would have done so already but wrong so far.

[bad robot] 04/4/2014 08:36

wow fcccking crazy.


Looks like a short squeeze on this and a bull trap on another side

[goosegog] 04/4/2014 08:33

It did.

What's next?

[43rick] 04/4/2014 08:31

looks to be in auction at 630p now rising rapidly on low volume

[doc robinson] 03/4/2014 20:01

AUCTION at £5,50 should open strogly tomorrow ??

[43rick] 03/4/2014 12:27

yes - see ISDX

www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=18165

[abcd1234] 03/4/2014 12:01

is this traded on any other mkts?
t.i.a.

[stevo2011] 03/4/2014 10:39

Burning pizza

[43rick] 03/4/2014 09:23

tipped as a buy - Questor today

[stevo2011] 02/4/2014 17:05

from Shares Magazine:Chinese coal bed methane play Green Dragon Gas (GDG:AIM) rises 15% to 374p after announcing a deal regarding last year's unauthorised drilling by state backed firms on a number of its licences. Green Dragon expects to see a significant increase in its reserves as a result of the settlement, while CUCBM, a subsidiary of one of China's largest oil groups CNOOC, has agreed to spend $100 million on exploration of the Shizhuang North Block (GSN) to earn an extra 10% interest and $250 million to improve the infrastructure at the already-producing Shizhuang South (GSS) block.Green Dragon spin-out and specialist drilling contractor Greka Drilling (GDL:AIM) is itself up 21.8% to 16.75p as its former parent announces it will be used to drill 150 wells on GSS.

[stevo2011] 02/4/2014 14:37

It's always good after the event isn't it ? If idiots followed him they would have paid a huge price today .

[megordon] 02/4/2014 14:32

Think TW timed it wrong, now is obviously the time to short it after that spike up.

[megordon] 02/4/2014 14:30

Scary rise on small volume, must be a very illiquid stock.

[stevo2011] 02/4/2014 14:24

Another failed attempt by the pizza man