There seems to be some private investors who are looking at these companies as a day trade. This is a fundamental error in strategy.
All junior oilers flucuate. Private investors expect price rises to keep carrying on and on and on. Get with the programme, get real! Those that Hold will gain. Those that keep jumping in and out will get caught out by the Market bods here. It’s always the same.
I have held Premier since the last big drop bought at 789p at the end of 2008 i have watched them bounce around peaking and dipping for the last 18/months. they are currently at 1345p. The huge gains i am sat on here were not made overnight time is the key.
Nautical have quadrupled in value.
Encore have nearly tripled
Premier are approx’ 26% higher.
By any stretch of the imagination Catcher is a phenomenal success.
Carefully read the latest RNS which to all and intents and purposes is confirming that the Catcher drills are hitting one oil accumulation.
Encore have Cladhan yet to come
Nautical have Kracken
Premier may very well become mired in an Encore takeover (they have quality assets)
My opinion is HOLD. However if you sell then it’s your opinion that counts to you and you only.
Constantly panicking on every dip and rise is a sure sign that the stock market makers are in control of your portfolios.
Get back in the driving seat.