Savannah Petroleum Share Discussion Threads

[lithological heterogeneities] 26/5/2017 10:24

starting to move up.

still fully expecting 50p-60p, maybe even more with farm-out, by 07 June.

[diversification] 26/5/2017 09:14

Looking at the flag counter interest is picking up and the buys are rolling, expecting volume to pick up on a breakout confirmation. Still cheap, like taking candy from a baby

[lithological heterogeneities] 26/5/2017 07:44

I thought it was illegal to own tetrodes in the UK nowadays, especially the more aggressive specked ones ?

[family values] 26/5/2017 06:36

Tricky beasts tetrodes
I had a specked one once that ate a hole through the sofa.
Had to get it put down.
I buried it out in the garden beside the wife.

God I miss that tetrode

[lithological heterogeneities] 26/5/2017 05:03

and lets face it, nothing beats a tetrode.:0)

[dorset64] 26/5/2017 00:08

Family Values25 May '17 - 23:23 - 473 of 474

Liquidity which has been bloody awful.

I sold out on the last spike almost completely, but have now bought back in fully.

It was difficult to get decent volumes without going NT.

As we approach 42p bid however

The bid is very poorly supported, making this a nightmare to trade.
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My point would be why sell out when you can hold for the longer term, liquidity doesn't matter if you hold, and why even bother to try to trade this share when its eventually only going one way, and thats northwards.

I have tried tetrode many mane shares and almost every time time failed to make the profits I thought I would whereas, the shares that I've bought and invested in, i.e. held for more than a few weeks or months have paid me back royally. The road to riches is to hold for the longterm, unless the story changes. End of imo.

[family values] 25/5/2017 23:23

Liquidity which has been bloody awful.

I sold out on the last spike almost completely, but have now bought back in fully.

It was difficult to get decent volumes without going NT.

As we approach 42p bid however

The bid is very poorly supported, making this a nightmare to trade.

MM's have not been willing to bid for stock, Is there a big seller?


Lots to ponder,

If AK can get a decent RNS out by the 7th, 250 million JV, juicy 3D seismic, a June spud date and a Nigerian deal to top it all off,

None of the above will matter

[x54v] 25/5/2017 22:46

Pretty close to a breakout here. If the price can do that with some reasonable volume, then it might draw in a few breakout buyers too and help clear the overhang.

There have been a couple of prior surges since March which hint that SAVP can move very quickly and strongly when the buyers take control. Hopefully another of those strong upward surges will be upon us shortly.

There are certainly some exciting near term catalysts which might tempt new buyers.

[family values] 25/5/2017 16:16

Finally a premium on the bid.
But online limits are very tight.

[diversification] 25/5/2017 15:43

Strong movement today, looking good

[lithological heterogeneities] 25/5/2017 15:37

could close above 42.5

:0)

[x54v] 25/5/2017 12:26

Seller still in the background by the looks of it.

The bid creeps up slowly in increments on consistent buying yet moves down a whole penny on a single sell.

When the seller finishes the price should move up much more strongly.

[lithological heterogeneities] 25/5/2017 12:20

anyway,looking good now.can't wait for 07 June !

[lithological heterogeneities] 25/5/2017 12:19

stupid phone !two identical trades.why wont this bloody phone type what i want to write rather than what i actually write :0)

[lithological heterogeneities] 25/5/2017 12:17

should have read:two almost identical trades with a tiny share price difference within seconds if each other are just routine "rolls".

[lithological heterogeneities] 25/5/2017 12:14

two trades seconds apart are just routine margin/t-trades "rolling".

[family values] 25/5/2017 11:43

Thanks for completely ruining my conspiracy theory. ;)

Unless of course you are one of them?

Russian hedge fund? Is that you Vladimir?

[divmad] 25/5/2017 11:38

Wrong. It was little ol' me.

[family values] 25/5/2017 11:32

2 10k trades 13 secs apart.
That isn't a PI.

It takes about 25 sec to repeat trade,

Chance? I doubt it.

I smell bot, II starting to load

[lithological heterogeneities] 25/5/2017 10:47

as per audioboom webcast yesterday, if we close above 42.50p tonight next stop could be 49p then 59p.with a "significant update" due on 07 june i am fairly certain we will be at 49p by then and maybe 59p post update.