Amerisur Resources Share Discussion Threads

[jumpenjim] 05/6/2018 13:54

Not sure ,somebody is confident 500000 buy just went through 95k ish :)

[moneylender] 05/6/2018 13:50

Selling and rebalancing is not finished yet, but I think its coming to the end.
July for me to start getting excited!

[foiledagain] 05/6/2018 13:36

Until major rebalancing of portfolios and the selling is done, good news doesn't do much for the share price

Get that out of the way, then they can try!

[knokke1] 05/6/2018 13:36

Since L2 is in groundhog mode

2017 average oil production 4862 barrels/day
Dec - 6971
Jan - 6837
Feb - 6749
Mar - 6477
Apr - 5794
May - ?

[retailronnie] 05/6/2018 13:01

The most striking thing about the chart for me is the volumes since march and that 2.5% of the company was traded on 31st May. 2.5%!!! Compare that to RH selling the odd 1% or so per quarter which has caused much fretting.

The indexation change doesn't explain the large trade as the share price would drop significantly either before or after.

Could be RH has sold and given the board had looked at ways to get RH out it could be that. Or somebody building a stake - either way good news.

[mad foetus] 05/6/2018 12:12

Just to flesh it out, of the 26 indicators on the trading view 1 day setting, 10 are neutral and 16 are buys. Rare to get such an unequivocal position.

[mad foetus] 05/6/2018 12:01

Chart looking exceptional, just needs a little push imo.

[moneylender] 05/6/2018 11:38

Knowing Nick and John, late production report means bad news.

[bryet] 05/6/2018 11:07

Have they or have they not increased the monthly output..that is the question the share price will reflect the outcome.

[thegreatgeraldo] 05/6/2018 09:34

Some on here could do with a Little Weed & just chill......man.

[aceuk] 05/6/2018 09:24

We need an appearance from Bill & Ben - frobalobalob ;-)

[jotoha2] 05/6/2018 09:20

Said it many times before , needs to hit 25p to confirm uptrend , only positive news will cause that !

[rollthedice] 05/6/2018 09:19

Should be hearing about drilling news / wells spudding soon...

[retailronnie] 05/6/2018 09:00

I use simple charting (straight lines, fibs etc) to time buy and exit points. Would like to learn more. Used to very skeptical, but have seen charts produce amazing results so many times. They help describe the herd mentality.

Hoping the production figures are good otherwise could see this dropping back to < 17p

[kaos3] 05/6/2018 08:41

its nature - if mass is running downhill - it is hard to stop it. velocity (gradient of change) times mass (volume) make an energy.

that could be said about charts

[lucyp00p] 05/6/2018 08:29

I'm glad I'm too simple to have a clue if those charts have any meaning - good or bad. I'd say it's good but only because my coin landed heads up.

[bayboy] 05/6/2018 07:59

Is this company sleeping, where is the operations update?

[kaos3] 05/6/2018 06:06

free stock charts from uk.advfn.com

[kaos3] 05/6/2018 05:56

free stock charts from uk.advfn.com

[aceuk] 04/6/2018 20:33

I see Ben had to come out and wee all over Bill :-)))

[foiledagain] 04/6/2018 17:39

underhill

think you made a Freudian slip earlier hence the edit

[davwal] 04/6/2018 17:32

I did see my doctor.
I said Doc I’m worried and can’t sleep due to a bad investment. He said, go forth and buy Amer - because it will soon be 99p and then be sold at £2 a share!

[utsushi] 04/6/2018 17:21

I think this stock is starting to look and act pretty good, reasons are well known but will just repeat for the benefit of the big boys out there:

1.Presence of a near term catalyst in the form of Platanillo N Sands Drill.
2.Limited downside to 16p-18p based on 6,000-7,000 boepd at WTI $65.
3.Recent sales of 31m shares removes the overhang partially, and implies rising institutional buying since the shares closed unchanged.

A great man once said don't be afraid to give up the good for the great-this one is currently moving and is worth appraisal. and might appeal to either the patient value or momentum growth investor.

[foiledagain] 04/6/2018 17:10

It would only be a bad dream if you don't own any shares. If you do wouldn't it be a good dream? Also might be a bad dream or even a nightmare if you were shorting

[underhill2] 04/6/2018 17:02

DavwalYou need to seek medical advice quickly !You must be having a bad dream