Touchstone Exploration Share Discussion Threads

[che7win] 17/11/2017 10:30

Oil is rocketing!

[scottishfield] 17/11/2017 09:13

Yep. Production presentation on the 28th shoud clear that up.

[scottishfield] 16/11/2017 17:58

someone taking advantage of the low price today I think

[wheniamfree] 16/11/2017 12:50

May have to leave an order

[che7win] 16/11/2017 11:54

Yet I can sell 100,000 no problem at 12.55p

[che7win] 16/11/2017 11:51

They won't let me buy any online now.

[che7win] 16/11/2017 11:39

MT,
market is madness right now.

OSB had a company update 1 week ago, it's growth upgraded for the third time by the company since March - now going to growth 20% this year. It went up last Wednesday by 5.5% at one stage.
Now, one week later, it has fallen 45p, or 10%.

The amazing thing - its cleaning up in it's sector, it's growing 20% and....it's P/E is 7.5

It's rivals - SHAW and ALD have been or in the middle of takeovers, OSB is a sitting duck imho to be next.

[trapissed monk] 16/11/2017 11:28

i find the markets a tad irrational at the moment. big hits,silly rises.don't hold for long hence sell regardless.my initial 14p area buy looks heavy now. will watch for further weakness.good luck guys.

[mount teide] 16/11/2017 11:23

Dumping at well bellow bid - Probably highly leveraged short term traders with margin calls going off like a Chinese fireworks display, as a result of the modest general market sell off this week.

"When others are fearful be greedy" is a maxim that made one individual very wealthy.

[trapissed monk] 16/11/2017 11:21

rid mine.don't like the chart atm.small holding,small loss.going shopping!

[che7win] 16/11/2017 11:08

John,
hopefully I get to buy cheaper then. I couldn't ignore 12.3p and 12.4p, would be rude to.

[john henry] 16/11/2017 11:06

SP has broken the FIB 50% correction of the recent move. Likely move is to test the FIB 61.8p around 11.5p. Before moving higher.
A lot of hot money joined the spike that money has been coming out.

[wheniamfree] 16/11/2017 11:06

Ridiculous sell off - £12m now.

[che7win] 16/11/2017 10:59

Thanks John,
the last two buys are mine, very happy to be given this price.

[john henry] 16/11/2017 10:43

ouch 65K dumped @ 12p with a bid of 13p

[john henry] 15/11/2017 18:54

Email from the company Ross, they have a presentation on the 28th so im guessing it will be delivered before that date.

[john henry] 15/11/2017 18:12

Operations update by the end of the November.

[bad gateway] 15/11/2017 13:55

rossannan your attempt to put words into my mouth is now saved to the hard drive.
Well actually it'll be forgotten as soon as I see something shiney but it sounds good.

[bad gateway] 15/11/2017 12:40

If you get a volume pick up on the break on trin then yes I'd say a sell (or at least time to get a 2nd opinion).
With these I can only say I've had a few after seeing the pattern and it looks oversold enough for me to buy a few more if it ticks down again.
Agree on the current production comment by the way think they've missed a trick there.