Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As you will be aware I have been bearish about Rockhopper Exploration (RKH) for fundamental reasons, notably its merger with Mediterranean Oil & Gas. But with the shares at a new low of 87p it is time for a volte face. I have been right to be bearish so far. I am now turning bull and call the shares as a buy with a 220p target and here is why.
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Comments
Mark
I said it after the sealion find and il say it again, no oil will ever be extracted from the Falklands, not in my life time anyway