Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
My pair trade of Urals Energy (UEN) and Fastnet Oil & Gas (FAST) has started very well when you look at tanking markets. When my sell call on Urals was posted the share price was about 9.5p. It is now about 6.25p so that is a stonking 35% in THREE trading days. I’d close that out now. But stick with Fastnet which is at 7p when I tipped it the shares were 5.75p. That's a stonking 22% in THREE trading days but I am calling this one higher. Much higher.
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Comments
turbograndad
Good pitch, catch it soon, and on radar, cheers for that.
wildrides
Nice share tip James ………. up front guys who aim to make a discovery and sell out to a Major . Simple business plan and always persuasively put at the presentations I have seen previously . Track record of management included for free.
I am in ……….. can you tell ?
The ferret is dead ( ok a liitle un well ) , long live the ferret .
4sta
Any ideas what’s going on (re) RNS dated 27/11/2014 and 01/12/2014? Why, when they have good assets, plenty of cash in the bank, are they contemplating returning cash back to shareholders? Surely they could drill Tendrara themselves with such a high cos rather than just giving up?