Amerisur Resources Share Discussion Threads

[sogoesit] 24/1/2019 09:09

Yeah, my doctor keeps telling me that too, Lucy!

Yep,agree charlieeeeee, the 17.60 is a good buy trigger. I got some but now waiting for the rest.

[lucyp00p] 24/1/2019 09:03

I'm overweight

[charlieeee] 24/1/2019 08:54

Gersemi

Why do you keep on trying to insinuate that there is "a seller"?

Why not try and accept, as does everyone else here, that we are in a market and multiple individuals are making buy and sell decisions based on personal circumstances (and tax bill time always has a marginal effect)?

What is more interesting is the wall of buying each time this approaches the expected perfect technical entry and as there are a lot of technical traders on AIM and on AMER this is a self fulfilling prophecy.

Of course, as the fundamentals more than support the current SP, LTHs may also be tempted into another bite, even where they are already overweight.

[gersemi] 24/1/2019 08:36

The heavy buying is being heavily sold into. The seller is still insatiable

[sogoesit] 23/1/2019 23:39

Indeed it is but post 16450 is pretty good guesswork imv.
I think the recent channel trend predominates as there were two previous gaps that did not close, the ones on 23/11 and 10/12 in 2018.
I think this would indicate that the bounce will come off the base of the channel (at 17.60?) or a modest overshoot.
See how the guessing goes. But I will buy again around that 17.60 figure.
Good luck,

[juuunx2] 23/1/2019 23:02

The trouble is that it's all guesswork TS. We could get news we might not. Could be good might not. Anyone can speculate. Fundamentals still great that's why I'm still in at ave 21p. My target still a quid but it was a year ago before Big seller. Hopefully it's just a pullback. It's frustrating but also exciting times

[moneylender] 23/1/2019 22:30

The problems in Venezuela will have an effect no doubt

[lbrokes] 23/1/2019 21:34

Got to pay for the savages bringing their hundred family members

[mark of the rushes] 23/1/2019 20:41

Cheers tradesmarter, I was waiting to top up below 17 but bottled it yesterday and paid 18.6. Worth paying a few bob more rather than miss the boat.

[tradesmarter] 23/1/2019 20:03

Didnt really want to update for a further few days and I did sell a few once 20p was "immediately rejected". Still have a good few, but took some profits to buy a car and I'm not so "c0ck sure" on where this is going next. Seller is obviously using news event to clear some volume, but a trickle may turn into a flood so for now 16.5-20p is my best guess. Id expect some initial support around 17.5p zone and think we bounce from there, but any move above 19p sees the spread widen so its hard to trade, but when its sub 18p the spread narrows considerably.....in short I'm not expecting fireworks till the seller has done his thing BUT I dont want to be out either with spud news due..I dont see this going below 16-16.5p myself, ....so for now I'm just holding back and letting it settle and i think that is 16.5-18.5p (hoping we stay above 17.5 though as that extra penny makes a big differnce to the trendline etc)

my initial view after 20p "pinbar rejection" was that we test the gap area

free stock charts from uk.advfn.com


BUT I'm hoping that 17.5p zone (bull case) still holds and think we bounce and stay range bound around the 18.5p zone...for now its wait and see what happens at the "cross road" where the longer term uptrend should "do battle" with the short term retrace

free stock charts from uk.advfn.com


A bit wooly, but when you don't get the feeling, just let it finds its own area...16.5p-17.5p is where i see really great opportunity at 19-20p youve got to accept short term loss for longer term gain....for now I'm just trying to balance risk/reward in the short term, but focusing more on the long term....who cares if it falls 2p if the bull case is for it to rise 20p is kinda my thinking -

tomorrow keep an eye on the uptrend line just approaching "support" where it should bounce (at least on first touch)

free stock charts from uk.advfn.com

[knackers] 23/1/2019 17:10

A welcome pullback, but agree very unlikely sub 16.5p with the next CPO5 spud imminent.

All the froth now out of the RSI. I'd expect traders to take positions in the coming sessions but IIs will also be looking for skin in the game, FY results and analysts rounds will be on radar screens.

[sogoesit] 23/1/2019 17:06

GPRK is down 2.5% : AMER down 1.95%

[jumpenjim] 23/1/2019 16:44

Can,t see that happening with spudding before the end of the month as per rns !

[plentymorefish] 23/1/2019 16:19

Can't see 10p, I would think 14-15p would be about right?

[bryet] 23/1/2019 16:12

Hope it's not a repeat of the past all the way down to 10p Amer sure can pi*s you off sometimes.

[kipper62] 23/1/2019 16:12

Why is everyone getting fretful...If you miss the last one's, I'm sure there will be another chart along shortly, he he.

[juuunx2] 23/1/2019 16:08

Yeh but how far

[moneylender] 23/1/2019 15:57

Nice little excursion sub 18p!!!

[plentymorefish] 23/1/2019 15:53

here comes the pullback.....

[paradores] 23/1/2019 15:40

Mark, nice! take this one nice and slow, but no more than 3 or 4 rounds in one sitting ;o)

1. One sip of Sangrita
2. One sip of Don Julio or Herradura [Reposado...por supuesto!]
3. A couple sips of cool Corona Extra

...a favourite aperitivo mexicano. Salud!

[tyler durden1] 23/1/2019 15:35

Lucy. I seem to remember previously JW exercised options and sold to pay taxes

[mark of the rushes] 23/1/2019 13:41

OT
paradores

"Tequila Sangriento: 2 oz. tequila. 1 oz. granadina. Soda. En un vaso highball, agregue la tequila y la granadina, y remueva. Añada soda.
Te Killer: 1 1/2 oz. tequila. Té frío. 1/2 cucharada de azúcar.Vierta el tequila en un vaso highball con hielo. Añada el té, azúcar y la rodaja de limón".

Hence my confusion hahaha.

[paradores] 23/1/2019 12:27

Think of the timing of JW and the other sizeable director purchases, after OXY deal but before the Indico-1 result. That suggests supreme confidence in CPO5....and/or the other assets in the portfolio.

We can look forward to material newsflow every 5-7 weeks until Interims. Nicely set-up...

[bountyhunter] 23/1/2019 12:18

A minor point consideration is that in the event of a hostile takeover attempt options do not count as voting shares unless converted to shares (as was the case for the Faroe BoD recently). I've only mentioning this as an aside.

[davwal] 23/1/2019 12:04

I’d guess that (a) JW sees a significant share price re-rate in the not too distant future, based on his obvious insider knowledge, and (b) he is well aware how extremely sensitive the share price has been to negative-looking moves by board members and doesn’t want to trigger bad sentiment and damage the more upbeat vibes of late. As a large holder he benefits both ways.