Urals Energy Share Discussion Threads

[carlito sway] 19/5/2009 15:54

dummy sell - 10k limit at 7.5p

[landwatcher] 19/5/2009 15:54

I am considering that this is more like a chain effect or domino offect. As people saw big players sells and thought this stock gonna collapse and hence sell their holdings with little profit. Although people in this BB may hold rather than 11% of the company shares, but there is still millions held by people who may not know this BB. So it is nature to see these people selling with concern about the price falling down. And currently our buying power is smaller than these selling power.

Also MM takes an essential role and they mark down price to meet these people's stop loss limit. The good thing is that we have gooner and mlight to contact the Bod and we know a little bit what is happening inside the company and we have spp's analysis. So we are confident to hold and top up more.

Inside dealing now? I dont think so. If so, why they just didnot sell around 16p rather than the half of that which is 8p. Assume they already known the fact, I think the change of directors and some other information should be much earlier decision than RNS publishing time. The insiders should know everything and make maximum profit rather than disposing all their stock with half price.

[squintyflinty] 19/5/2009 15:54

The 7.7p trades are all buys!

[le mass du pap] 19/5/2009 15:54

MTRF still only offering the 100k at 8.6p though. They don't want to compete yet. WINS all over the shop.

[gibso6767] 19/5/2009 15:53

that deal of 13,885 at 7.7 was a buy of mine

[rafboy] 19/5/2009 15:53

The problem is trust. Do we trust the management, the company, the country and even the politics. Most will be a little uncertain on one or more of these points and that will influence their decision making. Thus someone who is in profit may accept a small fall in the share price but not as much % wise as with some blue chip FTSE 100 share. This earlier selling generates more selling and down we go based on very little at all. Just my personal view on how others may see things, I am a holder and have added a further 6K to my position today. Regards.

[le mass du pap] 19/5/2009 15:52

Just bear in mind it can add 100% in a day. Has done quite a few times in recent months. One sniff of good news again and the bloody thing will rocket. Definitely not for the faint of heart.

[ucasavi] 19/5/2009 15:51

At least Metropol and UEN are registered in different towns

[ucasavi] 19/5/2009 15:51

Oh, well we still have A&P pumping the black gold...

Metropol is an AAA rated co. Would it openly dump large quantities of shares instead of keeping a higher price through smaller portions to satisfy the clients? Either they want to scare all off to grab a bargain, or time for selling the order is running out,in which case overnight gonna be news..

[canny lass] 19/5/2009 15:50

Another few weeks with no news and we will be back at the 3p levels.

Bloody great.

Whilst i am hoping to hold long term, it always feels better when your investment is in profit.

That feeling is slowly ebbing away.

[le mass du pap] 19/5/2009 15:49

Yes, gap filled now. I suppose if you had enough cash you could buy it up affecting the price, then sell all the way back down affecting the price, then switch again and again etc, etc, as long as you made money.... UEN is quite unique in that it responds so easily to that kind of thing.

[le mass du pap] 19/5/2009 15:47

Agree Jonny. Probably see it reverse in the next few days and go back to 16p. I didn't hold back in December but remember seeing the first spike and retrace, I thought about buying but then thought no. Could have had 100%. Who knows with this, it's a bloody rollercoaster....

[rattlesnake28] 19/5/2009 15:46

Carlito Sway - 19 May'09 - 15:43 - 25319 of 25319

i'm gonna stick my neck out here... and predict a non-blue finish today!
_____________________________________________________

Oh you crazy guy!

[navyan] 19/5/2009 15:45

not today, but hopefully we will get a Hammer tomorrow.

[carlito sway] 19/5/2009 15:43

i'm gonna stick my neck out here... and predict a non-blue finish today!

[rattlesnake28] 19/5/2009 15:41

lol navyan, I'd recommend you use a few more data points when checking the RSI ;)

[navyan] 19/5/2009 15:40

on the 30mins or hourly chart, RSI is close to 20, which is the buy sign.

[navyan] 19/5/2009 15:38

RSI is close to 40 on the daily chart. we could have a bit more to go yet

[jonnyfro] 19/5/2009 15:37

LMDP, if you look at the charts from start of December to start of January you will see pretty much the same thing we are seeing here...

[bungeetrader] 19/5/2009 15:35

Stuff it, just added another 100k at 7.7p. Thats 500k for me now.

[rattlesnake28] 19/5/2009 15:35

Toooooppppedd up yeeehaaa!!! :D

[navyan] 19/5/2009 15:32

agreed 7.12p is the second support level, if it drops to 6.5p, buy will be puring in again. just watch.

[rattlesnake28] 19/5/2009 15:30

Cheers jcg :)