It’s finally beginning to come together for holders of GKP stock mentioned on the Blog more times than I care to remember. The feeling amongst our city sources is that sentiment among institutions has begun to change for the better. The 200p barrier has now been well and truly broken. The last several weeks has heralded a change as the enormity of the prize begins to form. While the company progress each and every week, production figures look set to increase to mouth-watering proportions. The latest epistles from GKP are nothing compared to what they can actually achieve so long as the insurgency is kept out of Kurdistan.
Lots of requests for entry points, exit points etc in the email in-tray. Suffice it to say that it is up to each and every investor to make their own decisions. Some are sat on massive profits having invested in the company in the low 20p’s, others are new to the game. Remember that any profit is healthy. Get your stratagem right. We all know that this stock is a super-major and should be trading at a minimum of £5 and would if they were operating in any other part of the world be £10+. I still hold some residuals here having derisked quite some time ago. It’s a free carry. If I’d have had the benefit of hindsight I’d now be sat on 145k and I suspect that there’s an awful lot of people out there unjustly kicking themselves for selling. However one should always remember that this self flagellation is nothing more than the ego’s greed. Any profit is a success! Don’t forget that takeover talk is always rife here too!
Well done to all who have stayed the course.