Thalassa Share Discussion Threads

[frazboy] 01/3/2017 09:23

basem1 - a thought for you, just how relevant is technical analysis of a thinly traded, illiquid AIM share? I suspect not very... I did think that if we broke through the 70 we may have got rid of some stale supply, but, my technical analysis of this share has not gone beyond that!

best of luck to all holders

[basem1] 01/3/2017 09:20

Bookbroker, all you can contribute is a series of one liners not even appropriate. I haven't ever said £3. I'm going on chart technicals and fwiw Greenroom does agree with me. I rode this stock up from 52p to £2.65 on the last rise and have made dubstantial amounts over the last 15 years I've been investing and trading. I'm just looking at it from a chart perspective and the lowly market cap. A couple more contract wins in an improving oil backdrop and the market could easily get to £25/30m. Let's see who's correct in 6 months time, if your still around with your one liners.

[rcturner2] 01/3/2017 09:04

I can see this reaching 80p in the near future, but without continuing positive news from the company it will not get much over 100p/120p.

[bookbroker] 01/3/2017 08:59

Basem, why don't you pipe down, it'll take a long time to get to £3., you are one of the contributors on this BB with very little knowledge, and prone to over-excitement, how old are you!

[greenroom78] 28/2/2017 15:36

Often happens, MMs run something up on low volume and then walk it back down again. Buys and sells look pretty even for the day (once you ignore buys printing as sells early on).

[basem1] 28/2/2017 13:22

We're down on the day. Can only sell at 63.45 for 15000. Could get 66p at the close last night. Even 5000 I'm only getting qouted 65p. Need some buyers back in

[greenroom78] 28/2/2017 08:57

PJ - Me too, I bought 50p last time and sold in dribs and drabs above 200p - A repeat of that would be nice!

Expect MMs to start shaking on a few sells after this swift move up.

[cheshire man] 28/2/2017 08:57

Maybe some news out there to justify this rise ??

(23/01/2017) "Thalassa announces that it expects profit for the year ended 31 December 2016 to exceed market expectations"

Next news due first week in April so not long to wait ! DYOR

[pj 1] 28/2/2017 08:53

Maybe DS has cracked up and is getting confused with black Gold?

[bookbroker] 28/2/2017 08:48

And was that man DS!

[pj 1] 28/2/2017 08:44

lol, we wish!!!!

[cockerhoop] 28/2/2017 08:42

A man was seen running down a mountain in Papua New Guinea with a nugget of gold so big he could barely hold it in both arms :-)

[pj 1] 28/2/2017 08:40

basem. THAL was one of my most largest profits until this year and I followed the previous rise and luckily sold on the way down as lower lows kicked in

It always had a large spread >5% often over 7%.

[basem1] 28/2/2017 08:34

Glad they're playing ball with the spread, a tight spread attracts traders. The last rise to £3 there was always a tight spread.

[jmf69] 28/2/2017 08:30

Mms want stock and someone just obliged with a 10k sell... sucker

[basem1] 28/2/2017 08:15

That chart.......to die for, no meaningful resistance until approx £1.70.....could we be that lucky ??

[frazboy] 28/2/2017 08:15

Did thalassa get tipped on Monday's online version of the IC?

[jmf69] 28/2/2017 08:11

Buybacks tend to show as one big trade of atleast 50k and often as a sell

[frazboy] 28/2/2017 08:08

And apparently no buy backs

[jmf69] 28/2/2017 08:07

Another 10k at full ask this morning

[frazboy] 27/2/2017 19:41

What are these reserves? And what "commodity hedging" are they talking about? Is DS doing some trading on the side? I spent a good few hours pouring over the accounts/press releases and I ended up with more questions than answers... For example this sale of the multi client data in November... I thought that tgs nopec were doing the sales so any revenue due to thalassa would come directly to thalassa and would go straight to the bottom line (the marginal cost of the sale is the cost of the external hard drive with the data on it).

The reason I went through the accounts was that the cynical bear blog (from September I think) muttered something about the cash being much lower than quoted, but I was reassured when i checked the accounts - I think that individual had simply misread them but to say that the press releases and accounts (particularly the former) could be clearer is a bit of an understatement

[jmf69] 27/2/2017 19:29

There's also the chance they might release more reserves prior to the results announcement

[basem1] 27/2/2017 19:28

Friday's 15000 buy and this mornings 10000 pushed up the online offer price. There's never a lot of spare stock around it seems.

[basem1] 27/2/2017 19:09

Purely coincidental as LSR price was unchanged. I knew we were close to support, my accidental 20000 buy at 63.5 is now looking clever.