[Maccees]

GKP went through 200p hitting 199.25p earlier, looks like it hit a lot of stops though. Currently around 200.5p...

[crcr]

(Original post by Maccees)
GKP went through 200p hitting 199.25p earlier, looks like it hit a lot of stops though. Currently around 200.5p...

Nowhere near enough pain tho, looks like it only set off about 3m shares, when it hits 5-10m I would expect something to happen.

[vn2009]

Yeh I saw gkp fall below 200p. If it keeps falling, might be tempted. Its already undervalues imo tho.

Regarding rrl, whats going on? Read the rns today but nothing much on puntland front?

[crcr]

(Original post by vn2009)
Yeh I saw gkp fall below 200p. If it keeps falling, might be tempted. Its already undervalues imo tho.

just my 2 pence but if everyone is long from 200p upwards it doesn't matter what the company is worth, the price is being dictated by the spike to 400p. I always place value at the top of the list when looking to invest but...not this time. Very tricky.

[Greg.]

I read GKP are planning a placement with a 160p placement price. They didn't want this news out, and are threatening the leaker with High Court. So I'd be wary about GKP.

XEL is ridiculous. Nearly £5k down on this stupid company, making my entire portfolio red. Want to sell and start again, but it seems a silly at such low levels.

[vn2009]

(Original post by crcr)
just my 2 pence but if everyone is long from 200p upwards it doesn't matter what the company is worth, the price is being dictated by the spike to 400p. I always place value at the top of the list when looking to invest but...not this time. Very tricky.

That for the insight man.

So what do you value gkp in your opinion, just curious to know

[vn2009]

(Original post by Greg.)
I read GKP are planning a placement with a 160p placement price. They didn't want this news out, and are threatening the leaker with High Court. So I'd be wary about GKP.

XEL is ridiculous. Nearly £5k down on this stupid company, making my entire portfolio red. Want to sell and start again, but it seems a silly at such low levels.

Am also holding a large papper loss in xel, so undervalued, the market is a complete joke at times.

[vn2009]

Just looked at spencer freemans twitter:

Spencer P R Freeman
@Spencer_Freeman

Talented Business Individual. Apologise to FSA/GKP for posting RESEARCH. No Longer allowed to post any Research on GKP. Will not say anything more on GKP.

Can anyone tell me what thats all about?

[Noble.]

(Original post by vn2009)
Just looked at spencer freemans twitter:

Spencer P R Freeman
@Spencer_Freeman

Talented Business Individual. Apologise to FSA/GKP for posting RESEARCH. No Longer allowed to post any Research on GKP. Will not say anything more on GKP.

Can anyone tell me what thats all about?

Ignore him, he's an idiot. He got in trouble with the FSA for posting drivel, and he's making out they intercepted on his plans to reveal market sensitive information. He started dropping names, saying certain people (including the CEO of Exxon) have been in contact with him and have told him information. He's has been wrong so many times already, yet people are still listening to him. When something he says doesn't pan out, he just deletes those posts - it's truly comical.

[vn2009]

(Original post by Noble.)
Ignore him, he's an idiot. He got in trouble with the FSA for posting drivel, and he's making out they intercepted on his plans to reveal market sensitive information. He started dropping names, saying certain people (including the CEO of Exxon) have been in contact with him and have told him information. He's has been wrong so many times already, yet people are still listening to him. When something he says doesn't pan out, he just deletes those posts - it's truly comical.

I dont take much notice of him, but was curious to know why he ant no longer post about gkp. He does seem comical tbh, seems to be spouting stuff about xel now lol

[crcr]

(Original post by vn2009)
I dont take much notice of him, but was curious to know why he ant no longer post about gkp. He does seem comical tbh, seems to be spouting stuff about xel now lol

no idea, it is being priced by pain tho, maybe it will take another 6 months before people decide they can't take it anymore or maybe it will have to go down further...200 is obviously a big level. given what happened today I would imagine it just became a "long-term trade" for a lot of people.

being cynical, i would say that Freeman is probably getting paid by someone to boost the price, the spike is over so that is that.

[Jeester]

(Original post by viksta1000)
4000 shares (around £800 at the time)...I wish I had £4000 to throw at RBS...sadly im just a humble student!

Went down to 21.2pps today. I think I'll hold off until next quarterly results are out. Though I really want to buy in, I do not have the money to tie up.

[Maccees]

(Original post by Greg.)
I read GKP are planning a placement with a 160p placement price. They didn't want this news out, and are threatening the leaker with High Court. So I'd be wary about GKP.

10 May 2012


Gulf Keystone Petroleum Ltd. (AIM: GKP)
("Gulf Keystone" or "the Company")

Response to Speculation

Gulf Keystone notes the continued and unfounded speculation on various bulletin boards and other social media sites regarding an alleged planned placing of the Company's shares at 160p per share.

Gulf Keystone does not normally comment on such unfounded speculation. However, due to the damaging and misleading nature of these various comments which have been posted on bulletin boards and other social media sites during the past 24 hours, the Company feels it must respond.

Accordingly, Gulf Keystone is pleased to confirm categorically that it has no current intention of undertaking an institutional fundraising.

The Company is also pleased to confirm that the process regarding the sale of its 20% stake in the Akri-Bijeel block in the Kurdistan Region of Iraq, is continuing and negotiations are ongoing with several interested bidders. The Company will issue further updates as appropriate.

Don't believe everything you read on Bulletin Boards.
http://www.iii.co.uk/investment/deta...lay=news&it=le

[viksta1000]

(Original post by Jeester)
Went down to 21.2pps today. I think I'll hold off until next quarterly results are out. Though I really want to buy in, I do not have the money to tie up.

ahhh, that's fair enough...I took the plunge and bought 1500 at 22.26...currently trading at 22.87

but yeah, if you don't want to tie your money up...then just wait until you have the capital and the time....people often rush in with the mind-set of "NOW's the time to make money"...but its always the time to make money...the markets are never gonna just disappear overnight....so a mature decision to hold off!!!

[Jeester]

(Original post by viksta1000)
ahhh, that's fair enough...I took the plunge and bought 1500 at 22.26...currently trading at 22.87

but yeah, if you don't want to tie your money up...then just wait until you have the capital and the time....people often rush in with the mind-set of "NOW's the time to make money"...but its always the time to make money...the markets are never gonna just disappear overnight....so a mature decision to hold off!!!

What's your exit strategy for your long term? If you don't mind me asking.

[viksta1000]

(Original post by Jeester)
What's your exit strategy for your long term? If you don't mind me asking.

the figure I have in mind is around 120p..its going to be a looong wait until it reaches that area again, RBS has gone through alot of consolidation of its assets and operations, so its a much smaller firm than it was pre-2009...but its brand presence is still recognised globally, so fingers crossed, it should still reach a figure of around 60-80p within the next few years

until then...hopefully they'll start dividends on ordinary shares soon too

[Axion]

120p? You've gotta be joking.

[vn2009]

I dont think it will reach 120p in the next few years, it might hit 50p max but nothing near 120p dude.

[Notorious123]

How do i get started? I've saved up a bit of money and i want to start investing in stocks - How do i invest? I got rejected by TD Direct Investment for putting Unemployed..I should of put Student..That was a fail.


Can you guys tell me who you guys are with? I'm 20 years old if thats any consolation

Hope to hear from you guys and start this journey.

Thanks.

[Tobedotty]

(Original post by Notorious123)
How do i get started? I've saved up a bit of money and i want to start investing in stocks - How do i invest? I got rejected by TD Direct Investment for putting Unemployed..I should of put Student..That was a fail.


Can you guys tell me who you guys are with? I'm 20 years old if thats any consolation

Hope to hear from you guys and start this journey.

Thanks.

if you don't have a massive amount get a stocks and shares isa