React Energy Share Discussion Threads

[troutisout] 12/4/2016 10:30

It was telegraphed for too long and people obviously didn't understand what they were buying into.

I am switching off for a couple of days, as comments on twitter and elsewhere will eventually die down as those naïve traders who are locked in bite the bullet and sell.

The investment case for React Energy PLC has gone up a lot with the PP, but the short term trading opportunity is now over. MMs will soon start to lock down the online limits and turn the thumbscrews.

I think it will be possible to add more at a discount to the current price in the coming fortnight and am likely to do so. In the meantime I am going to look further into the other projects and prospects they have and try and work out what is what with them (especially ones we haven't heard about lately).

Trout.

[rodrod1] 12/4/2016 10:29

the big traders got out at 8.2p then

[rodrod1] 12/4/2016 10:21

The get rich quick brigade got a slap in the face

[troutisout] 12/4/2016 09:33

Bloody typical, I had to do something for 10 minutes and the RNS comes out!

[troutisout] 12/4/2016 09:07

Well apparently the RNS is in the pipeline, I reckon the Company were either too tight or don't know how to put in an embargoed RNS for 7am.....

Should be fun, but anyone's guess whether this will have the effect a lot of traders are after, I suspect this delay could have dampened the hype....which may have been deliberate....

[rodrod1] 12/4/2016 08:43

I imagine a lot of traders are pure speculators and as you suggest, will bale out anyway in the absence of RNS

[troutisout] 12/4/2016 08:20

TBH they are useless at communicating, hence my comment yesterday about an after hours RNS.

This time though having had to issue an RNS due to the rise last week and explainin g ti as being due to the planning meeting yesterday and Officer's decision, they and the NOMAD should have ensured that there was an RNS before opening this morning.

It has left the market in a state of 'not sure what to do' and the longer it goes on the more likely the traders will get restless, we could see all sorts of see sawing as restless traders bale out and an RNS could drop at any time today and lift the price again.

[rodrod1] 12/4/2016 08:12

Cheers trout - its unsettling not having an RNS on this vital matter. They had plenty of time to get the wording sorted before 8am today.

[troutisout] 12/4/2016 07:48

rodrod1,

Thank you, but not sure deserved. Just trying to forewarn people about this share in terms of illiquidity and also as can be seen the lack of communication....Where is the RNS????

They never fail to surprise....it has a lot going for it, but could be so much better, so watch out for the above two things they are sent to just make it harder for investors to make decisions and action them.

I didn't confirm last night with DCC about the planning, some on twitter and LSE did apparently, but with no official RNS yet, not sure what the reaction will be...

Trout.

[rodrod1] 11/4/2016 17:36

You are a real gent trout - advfn dosnt deserve you.

[maverick247] 11/4/2016 16:44

What sort of rise will be seen off the back of confirmation do you think? It sounds pretty transformational?

[troutisout] 11/4/2016 16:40

Twittersphere saying application approved but will await confirmation.

Trout.

[rodrod1] 11/4/2016 15:33

those swimming naked may have to sell as closing time nears

[troutisout] 11/4/2016 15:16

Right squeaky bum time for the day traders, 1 hour and 15 minutes left of trading today.

Mms are setting out a large spread and probably have each eventuality covered, as this has been so trumpeted. So be careful of their games.

I hope everyone took note of REAC's habit of releasing RNSs after hours, a massive bugbear to holders here.

[ein] 11/4/2016 13:37

Price has finally improved, should be excitement in the share?

[rodrod1] 11/4/2016 12:02

so some have sold this morning by not finding out what was happening. Nano second investments

[rodrod1] 11/4/2016 11:59

trout LOLSSSSSSSS brilliant

[troutisout] 11/4/2016 11:49

Maybe, but if they were, all they would have found out in the 9 minutes of the meeting, was that the Committee would be going on a site visit and reconvening at 1.30pm....

DYOR

[rodrod1] 11/4/2016 11:49

This type of situation is hardly going to be a quick nod and a wink job. It will be gone through in exacting detail. It has to. The officials know how costly any appeal would be. They need to ensure that the whole matter is carefully considered and debated, even if there is little option other than to approve with conditions.

[bean02] 11/4/2016 11:38

Maybe they were at the meeting

[rodrod1] 11/4/2016 11:27

Must have spotted another get rich quick trade.....whats the point? madness

[troutisout] 11/4/2016 11:23

Bought at 8.07am at 8.7p and sold just now at 7.91p.

Crazy but you can see from the boards how many ill informed people are out there.....

[rodrod1] 11/4/2016 11:22

did they buy and sell at a loss?

[troutisout] 11/4/2016 11:15

Would the trader of the 18,425 lot please read my earlier post above and next time just donate the money to me please.

TIA

Trout.