Global Petroleum Share Discussion Threads

[stockologist] 05/12/2013 23:15

You'd have to be a bellend who hasn't a clue to invest in TRP over GBP imo but then some bellends get lucky just like some bellends win the lottery.

[alex hawk] 05/12/2013 23:04

B6 I don't worry about missed opportunities - maybe you deserved it more than me so it came your way.

[alex hawk] 05/12/2013 23:01

Lol are you surprised at least GBP are not burning cash like no tomorrow they can't even afford there own phone operator they share one with TRP.

[stockologist] 05/12/2013 22:54

Compare and Contrast GBP with UKOG

GBP - Cash, Licences, Hot Geography and Geology
UKOG - Hardly any cash, Hardly any licences, What Geography and Geology ?

but most importantly

GBP - Management ? Any pulse ? Any sign of life behind the eyes ?
UKOG - Management - Have a pulse

[stockologist] 05/12/2013 22:50

I'm not sure how they can write a Broker note about a Company which to all intents and purposes is in a persistent vegetative state.

I'm just waiting for HRT or TRP or whoever to announce a gusher and say they think the field is so big it stretches into GBP's licence and the stock to be up 0.10%

PMSL

[aim999] 05/12/2013 22:46

Broker notehttp://zolmax.com/investing/global-petroleum-limited-rating-reiterated-by-northland-capital-partners-gbp/167950/

[belisce6] 05/12/2013 22:19

haha... yeah... MAYBE 20-25p from 5p whilst one couldve gotten into trp at 1.15 to 1.25p rather easily not too long ago, and bailed out earlier today at 5.2p... hmmm... where r the smart people ?? :-))

[alex hawk] 05/12/2013 22:07

6.25p should be the floor now IMO, less than 3-4months to wait now before this hits a peak. To put into context I'm normally in and out in a month or two but I'm sitting this one through as if this comes good it de-risks more riskier plays in my portfolio.I reckon we could see a golden cross close to spud time, 10-15p is my target but I'm not ruling out 20-25p at a push look at TRP when greed/momentum kicks in everyone loses their minds. Chart pattern looks very similar to early 2011 when it did 10-25p-ish looking at MACD, 20/50 MA cross and volume.

[chinahere] 05/12/2013 18:28

If it does you can get some more cheaply.

[pieball] 05/12/2013 18:18

Probably, but I bought some at 6.5 today LOL ... oh well

[investordave] 05/12/2013 17:47

750,000 sale after bell. Hopefully this won't have an adverse impact on the price tomorrow. Bought in today.

[monkey puzzle] 05/12/2013 15:18

Not a bluey any more?...ahhh

Stockologist 5 Dec'13 - 15:07 - 4891 of 4891 0 0 (Filtered)

[stockologist] 05/12/2013 15:07

Does TRP have Management who actually do some work though ?

[whereareallthemugpuntersyachts] 05/12/2013 14:40

Correct me if I am wrong but TRP went from 1p to 5p (400%) so GBP only going up from 5p to 6p is pathetic (20%)

[alex hawk] 05/12/2013 12:53

Weissy your correct sorry looked at 9 month chart.That 200da MA should start to support this at 6.2ish

[aim999] 05/12/2013 12:33

Some big volume including a 500k

[weissy] 05/12/2013 12:04

Alex,
Yesterday was it's third highest of the year. 3m in Feb 2m in Jun. Today should see volume above 2m in my opinion.
Regards

[kiwimonk] 05/12/2013 11:20

Perhaps Exxon or Chevron want a piece, the Americans haven't really got into Namib yet. Never know.

[aim999] 05/12/2013 11:15

This has some way to runOnwards and upwards .... Such a lovely low market cap & cash ... Maybe they buy into the tower drill? They share some directors and shareholders

[chesty1] 05/12/2013 10:41

Latin name for it is pumpious dumpious....

[alex hawk] 05/12/2013 10:11

I did say smash yesterday last time we have had similar chart setups we have gone on to hit dizzy heights of 15-20p - not suggesting it will just there's potential.The best chartist on Advfn Fingers said breaking 6.25p was key from memory.

[marbles1234] 05/12/2013 10:08

lol yes looks like it and very glad you were wrong, but we all make mistakes so where is the next resistance? 10p?

[encarter] 05/12/2013 10:04

Day traders taking a quick profit now, silly imho. Plenty were selling TRP at 2p, 3p, 4p on the way up. Management have done has much as they need to do and will let TRP do all the work.

[whereareallthemugpuntersyachts] 05/12/2013 10:03

I was wrong about 200 day MA acting as resistance then

[marbles1234] 05/12/2013 09:54

Thanks encarter, will be adding on any dips