||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Petro Matad Share Discussion Threads
Showing 9726 to 9748 of 9750 messages
|hello Friday dump|
|Its the easiest thing in the world to pretend you think something is valued too highly after its just 10 bagged or more.
Not really. It may have 10 bagged for a very good reason.|
|PMSL log lorry has arrived.
You're a bit late to be offering advice here as where were you when it was 4p or below. Its the easiest thing in the world to pretend you think something is valued too highly after its just 10 bagged or more.|
|The valuation seems very very generous to me. Can anyone explain the bull case here? There are companies out there like BLVN with oodles of cash and very attractive assets having carried out extensive drilling programmes valued at similar levels. I just don't get it.|
|Sell quarter and buy another|
|It amazes me too, bought in at 3.95p in November 2016 what a result!
Do I sell 1/2 and pay off the mortgage?|
|This stock really amazes me...|
|whats the rumour this time?|
|Have to say looks like I bailed out too early here at between 15-18p after a great run and a multi bagger. Now having the srart of a great prolonged run in ARS but wish everyone still in plenty more rises yet.|
|Got to say that I wouldn't want to be out of MATD when their next RNS hits.
At the mo' it's just in quiet idling mode...and waiting for more.
|Guys - next big jump should be end of Feb as the Farm-in partner is announced. To me if Chinese which is most likely there could be a large hike.|
|24.50p at the best L2 ask as I type. Looks to me, over the last couple of days, that MATD is readying up to go higher, for whatever reason....upcoming news or?
|+17%, as I type and looking up.
|Not necessarily it will be attacked again by shorters.|
|This is going to fly back to 30p|
|I know. And no mug was ever as big as me. Learned my lesson now but perhaps too late.|
|There are always mugs mate.
wait to see there it will be on friday.|
|And I told you they can only go so far. Up 13%.This is what I am talking about. With no discount placing to support shorts they have to scramble for the exit when they smell danger.
No sooner does the share price rise then a new set of shorters move in and try their luck.
$11 million is just too much money for shorts to have any sustained life here.|
|I told you shorters will chip 0.5p a go then one day you will wake up and realise it down 15p after a month.
come at about 4p-5p in a few time, but and hope the best.|
|captain james t kirk - "As I stated previously, the most likely next news on this is a placing"
If there is a placing to come then what you are saying would be correct. The placing would be the reason why the stock was being shorted for many in the city would know about it and there would be a guarantee for shorters that they could buy back shares at a lower price. This is what happens in 95% of cases.
If there is no placing then those who are shorting are taking a risk for there is nothing to underpin their shorts but the hope that PIs lose patience and sell into the lower prices.
287 million shares is nothing. Most of these AIM oilers have shares in the billions. The daily drip drip effect is designed to solicit the type of behaviour you have described. PIs losing patience and getting annoyed watching their investment eroded day after day.
The problem for shorts here is that with $11 million in the bank news can come from anywhere. The purcase of new licences, partnerships away from Mongolia. Buying into near term production wells. They have funding for this year so as long as there is not a placing this drip drip effect will come to an end and soon.|
|Well if you don't believe that 166 million free float shares isn't substantial, then I despair. You do realise I hope that there are 287 million shares in issue.
If PI selling has nothing to do with this fall, then what pray has. Yesterday the volume traded was just under 1.4 million shares and there were 73 trades averaging out at just over 19000 shares a trade. Strip out a few large trades and that average plummets.
You are right about no news soon and that's why the share price is drifting lower. nearly 5p this week alone.
As I stated previously, the most likely next news on this is a placing.
One final point, if you agree with the possibility that this could get to 5p - "those who can afford to buy all the way down to 5p (if it ever gets there) should do so."
Would it not be better to sell and buy back in later ?|
captain james t kirk
|Makes no difference what shorters do. Those who can afford to buy all the way down to 5p (if it ever gets there) should do so. With $11 million in the bank shorters will not be able to close as a result of a discounted placing.
Slightest whiff of positive news and woosh up she goes in one leap. This is what happened a few weeks ago when they were issued with a speeding ticket.
The key lies in what 760il said about the shares being illiquid. Because they are illiquid there is not the free float of stock and short term PI traders to scare into selling. 42% of the stock is held by major shareholders and directors.
All you're witnessing is professional market players at war. PI selling has nothing to do with this fall. With the Shell payment received and no date set for the next major news the shorters have the upper hand. But they won't forever news will come and professional traders will buy stock so that shorters can't close without paying a premium to the price they sold at.
And all this can only happen because Petro Matad is a real oil company with real money so there is no dilution to rescue shorters which is what happens with 95% of AIM companies.|