Amerisur Resources Share Discussion Threads

[underhill2] 13/5/2019 19:10

I dont blame you if that happens. Im here for the longer term so only interested what the share price will be in 2 years time plus. No doubt all the resolutions will be passed tomorrow followed by a nice presentation of lots of optimistic coments and we all go home happy !.For the first time in a few years I have decided to give the AGM a miss. It follows the same pattern every year. Any questions are quickly brushed aside by Management and you can enjoy your coffee. You leave the meeting optimistic but in one years time the share price is still in the doldrums. Hopefully tomorrow there will be some searching questions answered and hopefully some truthfull answers. At least Giles Clarke will have his cricket to loof forward to over the coming Summer.

[podgyted] 13/5/2019 18:53

TBH I just want this to hit 12.4p (hopefully tomorrow) then my rules will force me to sell.

[davwal] 13/5/2019 17:14

Seems clear to me someone has wanted the share price in a poor state for the AGM.

[sabre6] 13/5/2019 17:13

2 million looks like a buy on Friday.

[bryet] 13/5/2019 15:35

Keep cool everything will be clear tomorrow (or not!).

[lucyp00p] 13/5/2019 15:23

Never mentioned shorting anything. With these spreads that's risky. As for the AGM, we have had years of false dawn's and broken promises. I expect they may need to lace the beverages with mind altering drugs to sell the angry mob any more snake oil.

[barbie60] 13/5/2019 15:17

Anyone know whether the trade showing on today but was at 15.20 (presumably Friday) for over 2 million was a buy or a sell?

[davwal] 13/5/2019 13:31

Errm, no..!

[mrx001] 13/5/2019 12:33

Can anyone think of any positive news that we might realistically be expecting to receive shortly. In an ideal/honest world that would be news of some of the promised wells spudding but wondered if anyone was aware of anything else?

[99barracuda] 13/5/2019 12:13

Oh give it a rest.....each to his own method surely?

[lauders] 13/5/2019 11:27

They have to produce an RNS of some note to tomorrow morning to have an "easier" ride at the AGM at this rate. What are the chances? Do the BOD really care. Answers on a postcard. Soon see what happens at the AGM, if anything!

[tsmith2] 13/5/2019 11:21

volume has died a death today

[11_percent] 13/5/2019 10:28

Talking of shorts...….anyone shorting this from the highs, over the last few years......will have made a packet...

[marnewton] 13/5/2019 09:36

I thought you didn't 'believe in' charts, Lucy.

Get a grip.

For the record, I'm not and never have shorted a share...so no wet dreams here...not for fifty years anyway...

M


EDIT: Thanks for reminding me why I stopped posting.

[knackers] 13/5/2019 09:10

The markets are now looking closely at Iran and how it will react to full sanctions reimposition. Heighten risk of Iranian IRGC activity in Iraq and Hormuz.

Should the worst happen Latam/Colombian conventional assets will be at a premium.

Iran will react. Unknown of course is how. Their preferred route maybe to hit Iraq with the help of local Shia militia. Clear risk of a new ME Proxy war - bolstered US Naval group on task - US Patriot missile system deployed etc signs not good. Where then for poo..?

[lucyp00p] 13/5/2019 09:03

Everybody does what they have to do, but you can't deny that this share price is a chartists wet dream. All your predictions come true because it's a self fulfilling exercise. So you feel smug and clever....and the manipulators know that you've got their back.

[marnewton] 13/5/2019 07:59

So it's all the fault of those men in dirty raincoats - the chartists!

A couple of decent 'sticks with closes above 13.00p may well see me buying my first tranche.

M

[11_percent] 11/5/2019 14:14

The Drewster
11 May '19 - 10:23 - 19685 of 19688
0 0 0

To do so would require access to a huge number of shares 11%.
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Indeed...…..like Michinoko…..

[lucyp00p] 11/5/2019 13:21

Ok genius, please explain why every daily opening trade is a small sell, designed to be struck at a silly price, and every closing day trade (16.29.59 normally), likewise. Little falls every day creates the kind of narrative chartists use to suggest prolonged weakness, while being blind to the true value of the company. Trading algorithms are tricked into selling into a downward trend, and the supine, non responsive board to nothing to bolster support. The market liquidity of Amerisur is such that it costs pennies to destroy value, and one or 2 people have a vested interest in doing so. The mistake we make is that we still believe in textbook market hypotheses which don't apply to penny shares.

[responsible investor] 11/5/2019 11:49

All these blogs about price manipulation are utter nonsense.

The fact is that investors are very unimpressed by the company’s operating performance i.e. generation of cash flow and profits particularly in the light of indications given by the Board over the past 3-4 years.

My view remains that the share price will only reflect what I hope is the underlying true value/potential of the assets if the company has a respected Board which will not be dominated by a greedy self serving Chairman.

Change is needed.

[11_percent] 11/5/2019 11:01

I don't accept that TD.

I have been in SXX for years and have seen the share price manipulated.


A Hedge Fund with computer that runs ALGOS and a BOT, will do it. They just walk the share price down each day, not a lot, but enough.


The share price graph shows the steady fall in the share price every time. The present TREND is a classic.....a near 45 degree decline.


They will make their real money on the next spike......and make no mistake...there will be one.


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Not saying that's the only problem here.