Oil shows and smells
Yes we’ve been following Desire and we here are well aware of the huge interest currently taking place re’ the Rachel North drill. Many emails asking for information absolutely snowed under.
The reason why the stock is behaving wildly is due to unconfirmed rumours circulating within the city brokerages and beyond (ie internet) that Desire may very well be on the money at Rachel North. The drill is thought to be going extremely well sources from within are rumoured to be talking of encouraging signs ie oil shows and the strong smell of crude as the drill keeps progressing. A possible oil strike apparently is accompanied by signs such as these.
Good luck!
Hola
Daniel
Ha Ha Ha. Desire have oil do they? Like every other time they “had” oil!!! A wise investor would “invest” in Rockhopper and then sit and wait for the re-appraisal. If Desire hit oil then great, Rockhopper get 7.5% of it, if they don’t then Rockhopper still has 1XXmillion barrels minimum of oil.
Desire is a huge gamble that, in my opinion, will not show its shareholders anything but the smug grins of “told you so’s”.
Matt
Daniel
why the collapse in the if what you have wrote has any credence ?
There rumours. Nothing more nothing else that’s what has been driving the wild price fluctuations.
You pay your money you take your chance! Credence? A rumour is a rumour there’s no credence for or against a rumour!
Dan
what price you trapped in Dan? Who can smell the crude half a mile down? They got beagles out there drilling?
Down 20%…..the profit takers and rampers dupe the pi’s again.
I think Danny boy may be locked into this one! Certainly changed your tune on desire since previous posts on them. I got stung on the first Rachel drill and wont make the same mistake again.
I think you’ll find that I have not.
There are over 220 emails/twitter direct messages asking for why the stock is behaving so wildly. The post is merely responding to the inundated mail bag informing them why. As for wishing people who hold desire stock “good luck” it is common courtsey never to wish any investors bad luck..
Daniel
Fair enough, always appreciate your views!
Desire is one of the mist ridiculos shares i have ever had the (mis)fortune of investing in.
It fluctuates on rumours a lot worse then most thats for sure!
Yes it’s driven by day-traders and rumour.
Not for the faint-hearted is Desire.
Great stock to watch though never a dull moment!
Dan
It is entertaining thats for sure!
Any news on Leni? All gone very quiet recently…
I like Leni. Great potential there. Over-due for some good news.
Dan
Plus its affecting my other holding as people pull out and put there money into DES!!! Damn. 2 dropped 5% from a good + position today.
Dan
since your desire post share price has fallen, rumours i am hearing non commercial.
re £1.01 close
too all get out or do not invest !
The fluctuations over the last few days are a direct result of oil shows and no oil show rumours. The post isn’t confirming either merely explaning why the stock is yo yoing.
Dan
Dan, remember your comments about Desire and “you having more oil in your car” I sold my shares in that company after you totally slated it, you do like to run with the hare and hunt with the hounds dont you?
Gary
Volatile exiting stock, how do you play this one ?
you don’t stay well away.
Dan
Snow! Fantastic!
Everything can be sorted out with a spot of snow! 🙂
A spot of snow!
Weve got bloody loads!
It s a day snowballing for me, stuff shares
I cant seem to add this to the XEL comments on previous posts.
And you dont have a XEL sub catagory on your Favority Companies (as you havn’t invested in them).
But, anyone who is watching the progress and getting nervous may be interested in this website to track the Tankers progress. (select Betty Knutsen vessel)
http://www.marinetraffic.com/
Any indication on why there was a price drop this morning?……researching at work is hard, and I dont want to have to wait until tonight!
Estimated Time of arrival in port 08.00 (UTC)
Intra day price movements driven by buy versus sell volumes.
Great stock XEL. If I had uncommitted funds i’d be in here like a shot!
Daniel
Do you know I never realised that XEL were not on the blogs favoured list! What a moron!
I’ll sort that one out tonight.
Thanks
PS Can some of you please click on the ads? The revenue goes to HELP 4 HEROES currently the total amount raised by YOU stands at £203,49p. The first payment has been received £67. 78p and will be forwarded to our sponsored charity this week. Also Jackson Black donated £138.25p(fee) to the cause. Well done Jackson! That cheque has been sent to Jackson at his company HQ and he has forwarded it on to Help4heroes. Of course we will be publishing confirmation of all donations raised and sent to our troops by you the blogosphere!
Dan