Chariot Share Discussion Threads

[mcpaulas] 25/10/2012 09:10

We just need a little something to get us moving again.

[triples] 24/10/2012 14:26

Back from snooze ;) (I wish!)

Some of the big orders placed on the ask this morning have disappeared, eg, 15,805 @ 29.0p; 36,634 @ 29.5p and 66,512 @ 30.0p.

And then some movement. New orders on either end of the yellow strip.

[pedramp] 24/10/2012 13:46

Triples as I mentioned before I am sure we will get an RNS soon (Before 2nd of Nov). Until then we will just bounce around the 30p region. My 45p by Xmas target remains.

[triples] 24/10/2012 13:06

Bit of a grind back down to 28.5p, but L2 is looking a tad perkier now with plenty of depth on the bid. A few buys popping up and some orders disappearing from the ask.

It can be like watching paint dry, but news/updates will come along in due course.

Off for a snooze ;)

[lanaken] 23/10/2012 21:44

They can move the price lads but we're in this for the drilling results and oil and if successful a trade sale.

What happens in between isn't that relevant.

Unlucky Celtic tonight.

repo

[pedramp] 23/10/2012 19:42

Was the 356,491 shares dealt at 16:29, a buy or a sell?

Also, I'd like to point out that we will get an RNS very soon before the 2nd of November where PW is presenting. All IMO of course

[newswseller] 23/10/2012 18:22

You have to laugh at the sells of 1 share that went through at the lowest price of the day

[volsung] 23/10/2012 15:12

This share needs a jolly good rogering to help buck itself up

[hedgebetter] 23/10/2012 15:10

Thanks Sea - very interesting indeed. I have never seen that before. Lot's of truths in there...!

[sea7] 23/10/2012 14:50

hedgebetter, this has been around for ages, although it is fun to read,

excerpt from rule number 2...

Funny little "hype" messages are posted on Internet newsgroups by the same cast of usual suspects.

It is called:- ten rules of the deadly art of stock manipulation.



enjoy!!

[hedgebetter] 23/10/2012 13:00

Know the MM's strategy. It's simple. Shock horror when the price collapsed. They scooped up a load at rock bottom prices, whilst the de-ramper's also jumped in.

They are accumulating. Once they have accumulated enough then they look for a RNS to start propelling the share price They distribute on the way up. The occasional retracement cause by their and other selling is then simply an opportunity for them to buy a few more at a lower price - and then sell them on the way up again. The cycle repeats.

The key is to understand what the MM's are doing right now. Are they accumulating to buy or to sell. Well - there is limited if any downside. There is however a very large upside. So my bet is they are accumulating to buy in order to sell on the eventual price hike. Know their strategy - it's all you need to know. The MM's will make an absolute fortune on this.

As we also know - the upside is potentially massive...£'s per share.

GLA.

[triples] 23/10/2012 11:33

IG Index are still not taking new long spreadbets.

Looks like most punters with long spreadbets on Chariot are just sitting tight... I am :)

[fairenough11] 23/10/2012 11:29

All assets valued at less than NIL.Current share price under CASH IN BANK---lol.

Conclusion----Time to load and up and then...................

WAIT/HOLD.

Beat the market at its own game.

Plenty of drilling to come and any success and they'll all be chasing the share price

BP are no fools.

Namibia
Morocco
Mauritania

ALL valued at NIL.LOL.

[lanaken] 23/10/2012 11:23

Yep that's a decent position if bought over the last month. The games being played here have created good opportunities to build adecent stake here.

Jimmy on iii has had some decvent posts recently. Well worth a read.

DYOR, the downside looks limited to me unless drilling disappoints everywhere in Namibia for the next 12-18 months. That's the gamble here.

If it comes good with the drillbit, even for HRT, there will be a significant opportunity to derisk and still hold a free ride from here. If Char hits oil big time you can add anought to these prices straight away.

repo

[hedgebetter] 23/10/2012 11:18

0.25% already...and happily accumulating...as are the market makers...

[triples] 23/10/2012 10:18

Go for it newswseller! I want to see that at 0.25% by close of play. ;)

[newswseller] 23/10/2012 10:12

Anyone else taking advantage, slowly building up a position here currently own 0.22% of the company