Dragon Oil/Aminex share watch.........

[Biff]

If anybody has a few bob to spare, keep an eye/dip your bread, on this share.

Dragon Oil ( DGO ) is a oil exploration company with a bright future.

I have just bought in, again ( last week, £10k ) at 1.39. Today its at 1.81 ( £3021 up )

Analysts say this share should hit £4 in 6 months. Short term this price may rise and fall, but long term its a bargain.

Do your own research :icon_wink.

 

[Durham Fox]

Re: Dragon Oil watch.........

Ive been watching it for a while and had some cash to invest in it but I've just bought a new house so capital has gone for the moment.

 

[Biff]

Re: Dragon Oil watch.........

Ive been watching it for a while and had some cash to invest in it but I've just bought a new house so capital has gone for the moment.

Good time to buy a house tho, smart move :icon_wink

 

[Durham Fox]

Re: Dragon Oil watch.........

Good time to buy a house tho, smart move :icon_wink

it's not a bad time. I suspect there will be an even better time in the near future but I'm reasonably pleased.

 

[Biff]

Re: Dragon Oil watch.........

Going well today............

http://markets.ft.com/ft/tearsheets/performance.asp?s=DGO:LSE

 

[lazzer]

Re: Dragon Oil watch.........

 

[Steven]

Re: Dragon Oil watch.........

Seems to be following the FTSE at the moment.

 

[Biff]

Re: Dragon Oil watch.........

At the moment yes, but look back to May, Dragon was worth twice as much as FTSE.

This share will soon move back to those levels. Dip your bread :icon_wink

 

[Steven]

Re: Dragon Oil watch.........

Not doing too well at the moment. :icon_conf

 

[SJN-Fox]

Re: Dragon Oil watch.........

Good time to buy then maybe.

 

[Steven]

Re: Dragon Oil watch.........

Good time to buy then maybe.

..... on the other hand maybe not. :icon_wink

 

[Boy Genius]

Re: Dragon Oil watch.........

..... on the other hand maybe not. :icon_wink

you are not one of these ****s who buy when it's high are you?.....

 

[Jeff]

Re: Dragon Oil watch.........

you are not one of these ****s who buy when it's high are you?.....

You're not one of these ****s who thinks what goes down must go back up again are you?

Did you buy Northern Rock shares when they fell?

 

[Steven]

Re: Dragon Oil watch.........

you are not one of these ****s who buy when it's high are you?.....

How much have you Bond holdings gone up in the last year. :icon_wink

 

[Biff]

Re: Dragon Oil watch.........

Not doing too well at the moment. :icon_conf

This is a genuine tip Ive passed on. Feel free to give it a miss.

Long term this is a great opportunity, and i will be back to remind you when you've missed the boat :icon_wink

PS. Dragon oil is sitting on the 4th largest gas reserve in the world. It hasn't started selling it yet!!

 

[Boy Genius]

Re: Dragon Oil watch.........

You're not one of these ****s who thinks what goes down must go back up again are you?

Did you buy Northern Rock shares when they fell?

how many shares do you hold then, and to what value?

You have to know why a share falls, and take your steps from there. You also have to think what you want to hold them for, short or long term gain

 

[Brauny Blue]

Re: Dragon Oil watch.........

Anyone seen Sid

 

[Steven]

Re: Dragon Oil watch.........

This is a genuine tip Ive passed on. Feel free to give it a miss.

Long term this is a great opportunity, and i will be back to remind you when you've missed the boat :icon_wink

PS. Dragon oil is sitting on the 4th largest gas reserve in the world. It hasn't started selling it yet!!

This might be the current problem. :icon_wink

http://news.bbc.co.uk/1/hi/business/7724083.stm

They are in my portfolio of Instruments (that I own or follow) and I don't have a penny in them, at the moment. :icon_wink

 

[Boy Genius]

Re: Dragon Oil watch.........

This might be the current problem. :icon_wink

http://news.bbc.co.uk/1/hi/business/7724083.stm

They are in my portfolio of Instruments (that I own or follow) and I don't have a penny in them, at the moment. :icon_wink

here is the interesting bit:


At the same time, the International Energy Agency (IEA) says the era of cheap oil is over and prices could soon be back up to $100 a barrel.

 

[Jeff]

Re: Dragon Oil watch.........

You have to know why a share falls, and take your steps from there.

Of course. So just because something is going down, it doesn't mean it will go up again. And if something is going up it won't necessarily go down again.


Even having good knowledge of a company doesn't make it easy to predict what will happen in the short/medium term.

I sold shares in one company I had daily dealings with because it seemed obvious to me they were in trouble. Within a month of selling my shares their value had quadrupled, for no apparent reason.
Eventually after they posted a loss the share price fell to less than 10% of what I sold them for, but the unexplained rise made me realise share prices seem to have a logic of their own and unexpected things can happen for no obvious reason.