Genesis Petroleum Share Discussion Threads

[barrywhit] 28/4/2008 13:04

I think you are right rdpounder, a little bit of ramping going on......

[rdpounder] 28/4/2008 12:58

Sounds like a bunch of naughty ramping to me, unless someone can post a link to substantiate it.

[ceckyspunt] 25/4/2008 17:34

allowed or not you'd think he wouldn't want to sell any if an offer was on the cards!

[johnmp] 25/4/2008 17:25

interesting question?

[baht] 25/4/2008 17:00

I think the rise is just as likely to be based on expectation of success when the drilling starts Q3. Dana success in the area has done no harm, but we will see prices fall just as fast in the well is dry.

If a take over bid was in the wings unless it has only been started in the last day or two presumably the Director would not have been able to sell 3M shares on the 23rd. I dont know the LSE rule on this one, can anyone shed any light?

Have a good weekend all.

[johnmp] 25/4/2008 16:41

wild guess, otherwise it would be insider trading.

looking at the chart, max of 80p would be my guess (if a bid is being made?).

[baht] 25/4/2008 16:13

Ali00 is that just a wild guess, a figure plucked out of the ether or can you explain your thought process a little more. I have been in this stock since the cash shell was launched and effectively saw the value drop from £1.60 (at consolidation) to a low of 14p last year. £1.20 would be a very happy conclusion.

[ali00] 25/4/2008 16:00

It's got to be over 120p I would guess

[5dally] 25/4/2008 15:58

but at what price ??

[multibagger3] 25/4/2008 15:55

The word is that it will be announced on Monday

[never_say_never] 25/4/2008 15:51

Where are the rumor coming from any links we can read

[sdc28] 25/4/2008 15:37

perhaps I am not too much committed elsewhere in that case

[ali00] 25/4/2008 15:36

I'm in. Struggled to get 10k

[never_say_never] 25/4/2008 15:36

something is a foot such a move up has not been seen on this share for a time

[multibagger3] 25/4/2008 15:33

Takeover approach....

[sdc28] 25/4/2008 14:52

Me too, but committed elsewhere at the moment

[ali00] 25/4/2008 14:37

I'm hearing "rumours" about this one! Anyone else heard???

[joestalin] 25/4/2008 12:15

'Golden Crosses' are 50% accurate - a bit like spinning a coin. But you cannot con yourself by spinning a coin.

They say a rising tide raises all boats - and DNX is providing the impetus.

[haydock] 25/4/2008 12:09

Interesting, still wondering which came first the hen or the egg?
The golden cross, a few days back,or the stock shortage & the general good news from Dana etc?

Think I have concluded that Golden crosses, while a useful indicator are perhaps a self-fulfilling prophecy.Perhaps they just attract increased attention.

[popen] 25/4/2008 11:33

say 70 days is about it ?

[robbiepaul] 25/4/2008 11:20

Morning guys haven't posted here for a while,still hold though.

Remember when were at 15p and what I said.LOL.Still another 100% to go to get back to pre consolidation levels.


Good Luck,the long termers deserve it.

RP.

[baht] 25/4/2008 09:33

Topped up earlier this week at 37p no problems, but today I couldn't even buy £500 on-line with Selftrade. Had to phone through & got 1150 @ 41.75p.

Can anyone with some knowledge of N.Sea Oil practices confirm the typical time scale between first day of drilling to releasing analysis of findings if their is Oil to analyse? This is of course assuming there are no delays for bad weather which is not so likely in July/Aug time I assume.

[ardluilord] 25/4/2008 07:33

Most of us need a much higher share price so keep the rise going, slow or however you like it...LOL...

[never_say_never] 24/4/2008 15:48

Another move up lets keep it going.. slow as she goes...