Meridian Petroleum Share Discussion Threads

[tadtech] 27/11/2009 11:14

And VICTOR is now unhappy with VOG !! He is a busy man!

[leedskier] 27/11/2009 11:14

pingu, could very well be.

[pingu08] 27/11/2009 11:05

ls, do you not think this weeks price action (given the minute volume) is more down to the T traders who bought in on the initial RNS day having to settle up or close?

[onbendedkneees] 27/11/2009 10:36

i expect a rapid rise in share price once the amount of shares available above the 1 4 3 are confirmed. i for one will use the unspent moneys to buy in at the full share price
i am pretty sure a lot of others will be doing the same thing. meanwhile this short term decline in share price will enable me to pick up a lot more shares than i sold, so happy days.

[leedskier] 27/11/2009 10:30

Today's price action is the gypsies' warning as to the price action ahead if the resolutions are not carried.

[tadtech] 27/11/2009 10:28

The shares are already oversold.




Many longs have sold PROIR to raise funds to buy the 1 for 3.

Many longs have potentially significant funds coming back from their excess applications.

Most longs will not be selling their 25p shares.

Many new investors will be attracted to the new company.

The new company will almost certainly start releasing significant newsflow very soon after re-organisation

The media will certainly follow President Petroleum as Mr Levine is high profile.


I do not expect a further re-trace, in fact I expect a re-rating.

All IMO.

[m12rtn] 27/11/2009 10:16

William-Just - 27 Nov'09 - 10:03 - 16380 of 16382

n12, you seem to have no idea of the solid long term holders in this.
and we can smell the coffee, This is going to move to new heights in the sp



It will go down over the next 2-3 weeks as peeps want xmas money so will sell above 25p for a quick buck, just watch short term.I would hold off on buying yet!!!!!

[bigm4] 27/11/2009 10:04

Expecting more funds shortly, hoping to get more if price drops any lower.

Will MRP/PPC change thread etc. on Monday ?? anyone!

[tadtech] 27/11/2009 10:04

I will be adding next week. I am sure many others will from their Excess return money too.

The MM'ers will raise this like a shot once the reorganisation is out of the way.

All IMO.

[william-just] 27/11/2009 10:03

n12, you seem to have no idea of the solid long term holders in this.
and we can smell the coffee, This is going to move to new heights in the sp

[bloodhound] 27/11/2009 10:02

lelout2

I hear what you're saying, however, MRP is undergoing funding as we speak, has great prospects (as yet unfulfilled) as is very sentiment driven (you can blame the MM's for that).

I'm looking to the future, yes disappointed in recent price movements (heck I'm a holder) but in time things will settle and improve big time, today's price will then be a distant memory.

Bh.

[pingu08] 27/11/2009 10:02

Brian, Reg and Susan will be buying them

[tadtech] 27/11/2009 10:01

I wonder how many have sold shares here they actually do not own by mistake. The poster yesterday is a point in question. They may have to buy back on market if the Excess entitlement becomes non existant.

In the meantime the shares are heavily oversold with the RSI the lowest it has been for many many months.

[leluot2] 27/11/2009 09:54

TechnoHead - 27 Nov'09 - 09:36 - 16371 of 16373


Welcome back Leluot we've missed you


Just looking in Technohead. This share has NEVER followed chartists predictions but they keep on coming. Come to think of it the share price rarely does what you would normally expect anyway.

Still bullish longer term but this has been a messy few days.

[leluot2] 27/11/2009 09:51

TechnoHead - 27 Nov'09 - 09:36 - 16371 of 16373


Welcome back Leluot we've missed you


Just looking in Technohead. This share has NEVER followed chartists predictions but they keep on coming. Come to think of it the share price rarely does what you would normally expect anyway.

Still bullish longer term but this has been a messy few days.

[argy2] 27/11/2009 09:44

What else were they to do?

[technohead] 27/11/2009 09:36

Welcome back Leluot we've missed you

[curlly] 27/11/2009 09:29

hillwalker
halifax have just taken my money.

[leluot2] 27/11/2009 09:17

Bloodhound - 27 Nov'09 - 09:08 - 16366 of 16368


"here's your opportunity to educate."

It's because the markets have tanked, no more technical than that. How many of your other shares are blue today? It's not just MRP gone red.



TANKED?!!!!!! Are we looking at the same market. A less than 1% fall is hardly tanked. And since when did MRP follow the markets?

MRP is down 13% in one week. Now thats what I call tanking!!

[leluot2] 27/11/2009 09:14

Isnt it time for Tadtech's chart telling us there will be a bounce off 58p!!

Looks like its oversold but no one's buying!!

There wont be much profit left on the 25p shares before long!!


Come on you chartists...........

[oneilly] 27/11/2009 09:10

Halifax tell me all is okay and monies will be taken next week.

They said they have done a funds avaliable check on the account at this time.

[bloodhound] 27/11/2009 09:08

"here's your opportunity to educate."

It's because the markets have tanked, no more technical than that. How many of your other shares are blue today? It's not just MRP gone red.

[h101] 27/11/2009 09:00

Would one of the chartists please explain why it didn't bounce off the bottom of the channel as they said it would (and did) last time. If your technical theories have any credence then here's your opportunity to educate.