Machine,normally i know what you are saying but this time i can not reason it out . Who is they?? Are you referring to some report somewhere i have not seen??
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Production Performance (since 30 July 2007)
To 16 January 2008: Approx 7.2 million barrels produced, 6.7 million barrels shipped.
NZOG's share of production to date: Approx 900,000 barrels.
Tui oil is a light sweet crude that
Thanks Machine i see now what you are saying. Strange i had just not clicked at how you were writing it. Yes the TUI news has been savied since mid jan and to 2 feb will probably be another 1.5 million barrels. The market can still have a short nap till the next quartly release,which i am sure looking forward to.
You guys waffle on about the wrong things. PEAK OIL,PRICE OF OIL,WHEN IS THE NEXT ANNOUNCEMENT DUE OUT ETC ETC. That has nothing at all to do with the low shareprice of your company that has frozen your money showing no return in either sp or dividends over the last three years. The only people to make money in the last three years are the people that traded.
The company treats its owners the shareholders with contempt hence the low sp. Today it shows a buy signal. so cheer up guys you might end up getting back to a dollar thirty again. Not enough volume for me to buy in, to hard to trade out when it goes back down. I thought you might like to know it shows a buy signal at $1-10 so if you buy, run a trailing 5% stop loss and get out next time instead of bleating on about peak oil. Macdunk
Yes indead,
today NZO hit the 30day moving average so Mackdunk now has NZO as a buy...
:cool:
.^sc
I thought you might like to know it shows a buy signal at $1-10 so if you buy, run a trailing 5% stop loss and get out next time instead of bleating on about peak oil. Macdunk Quote
Thanks for the advice MD. Agree it is a buy signal and will put a realist sell in place at $3-30.,which as you know is tooooo cheap but markets are funny things and the price could but should not fall below that.
Hey McDunk, have you been drinking again? LOL
$3.30??? I am not as optimistic, though I would wish NZO to climb~
Realistically speaking~ we'd be quite happy it goes to $1.50 before the first half of 2008 ends.