Touchstone Exploration Share Discussion Threads

[thebull8] 20/6/2021 22:16

Not sure if 35 is considered young. But like I said I have enough experience and have worked in the industry long enough. The fact that you're "experienced" and still trading AIM stocks kinda tells me enough about your experience Oh and I'm not sure exactly what macroeconomic has to do with a O&G company in Trinidad that will do less in a year than Shell does in a day

[davidblack] 20/6/2021 22:04

TB young, that’s a complement! A big one!

[spawny100] 20/6/2021 21:57

You're clearly young and naive bullster and defending a losing position at present. You have a lot to learn about macroeconomics and charts.

[thebull8] 20/6/2021 21:52

From the guy that bought back in around 90p a few weeks back before selling at a loss. Now he's suddenly predicting 50p based on no new information. Hilarious You know the bottoms in when PIs start talking about shorting a stock 50% down and ridiculously low limit orders lol. Thanks guys

[davidblack] 20/6/2021 21:48

XM has a nice instant post on Twitter tonight.

It’s flashing up Royston and the map has an oil barrel on Chinook and two gas fields at Cascadura.

Clearly not on the back foot!

[spawny100] 20/6/2021 21:39

11% people will be looking in everywhere at 8am tomorrow. Certainly not just at TXP. I think the market is on a knife edge. If the DOW doesn't claw back a bit this week it's set for a well sub 30k dive imo. The chart here isn't pretty either though and has a mountain to climb that a Coho hookup won't scale. I'll probably be putting buy orders in circa 50p.

[thebull8] 20/6/2021 21:36

How did the BPC graph work out for you. You are absolutely clueless. I doubt you have studied TA for more than ten minutes. Charts are useful for entry and exit points - not much else. They can often be manipulated to suit an agenda and are a lot of the times self serving

[11_percent] 20/6/2021 21:31

Well...i am making plenty cash......anyway, we got to where we always get to.....not talking about the elephant in the room which is plunging share price .....and talking about everything else.

Eyes down...look in.....8.00 tomorrow.....how much more will it go down....

[thebull8] 20/6/2021 21:26

I didn't say it was PIs hedging. If you're a high net worth individual you can ask your broker I'm sure they could sort it out. Hope it works out for you and you get your pants burnt. You don't short once you know the bad news and the share is down 50% - you do it before. Clearly a rubbish investor and a rubbish trader

[11_percent] 20/6/2021 21:20

But....how can it be PIs hedging/shorting...when we cant do it through IG or anyone else.

If thats not the case......can someone point me in the direction of a provider that will let me go short.

[linton78] 20/6/2021 21:17

👆🏻 Everyone that sold two months made a great move.

Plenty more to take on shorts yet looking at the graph.

[che7win] 20/6/2021 20:55

The shorts are going to get fried, sitting ducks here.Anyone selling or shorting, you're playing with fire.

[thebull8] 20/6/2021 16:29

But of both probably. PIs are like sheep and follow the crowd. I would imagine the majority of the short is a hedge by one of the institution holders and other sheep have just jumped onboard. It's the same when/if we go back up

[spawny100] 20/6/2021 16:18

You're free to post as you like as am I Stockport. One day you may post something of worth. I'm not going to respond to your bitter vendetta against me in future as it's boring for other posters and drags the board down.

[buffythebuffoon] 20/6/2021 16:16

IG were showing 100% margin, but have been showing tiers again for some time. It’s on closing only, so not sure why they won’t accept a naked short. It would reduce their long exposure.

Spreadex piggyback off IG, which is why the prices are worse. All they do is act like us, if we could offer our own spread, but obviously on a wider spread.

It’s people like Spreadex that reduce our ability to take positions on IG.


Buffy

[11_percent] 20/6/2021 15:46

Ok...thats not good.

Am loooking at Plus500.....but they dont seem to cover TXP.

[thebull8] 20/6/2021 15:32

Don't waste your time. IG withdrew leverage on TXP a few months back because prime brokers wouldn't cover the funds needed to buy the shares. I contacted a few other providers who actually hedged through IG so they won't accept them either

[lauders] 20/6/2021 15:24

On the 25th May "Malcy" (not that I rate him or follow him to any degree) stated: The Touchstone share price should be massively above here and when the market ‘gets it’ an upwards adjustment will be made.



It was higher then, so the above comment should be even more relevant now. Yet the market and shorters obviously disagree with him. As I said "not a Malcy fan".

[11_percent] 20/6/2021 15:11

GAP

There is a gap.

1p = between 57p and 58p.

Between Friday 17th July and and Monday 20th July.


RNS was 7.00 on the Monday = TOUCHSTONE ANNOUNCES SIGNIFICANT CASCADURA INDEPENDENT RESERVES EVALUATION

[11_percent] 20/6/2021 15:05

IG will not give me a short on TXP....I am looking at an other s/b provider.

The big money here is going to made in calling the low.....and buying for the long term.

Dont fight the scammmmers...

[king suarez] 20/6/2021 14:50

11% - you say you are not short TXP, why not? Surely easy money?

[11_percent] 20/6/2021 14:50

Gap at 57p...will have a look.....

[11_percent] 20/6/2021 14:47

Coho news soon ?



........Later in the conference, Touchstone CEO, Paul Baay provided confirmation of Minister Young’s approach, when he thanked him for clearing some of the barriers that were holding back the small, but fast-to-deliver, onshore Coho gas field..........

============

Its just as I aid in an earlier post.....talk will not cut it....PB needs to deliver.

If PB comes out and says.....Coho will tied-in and in production in 2 moths.....who is going to believe that.