Trades and observations from a British contrarian stock investor

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Tuesday, January 18, 2011

Rockhopper entry point moves closer

Falkland oilie Rockhopper (RKH) fell about 2 percent yesterday and it is down today about 6p to 366p. Looks like there's a heavy seller in the background looking at level 2. I've put in an order at 350p and I'll see what happens in the next few days. Not rushing in over 360p yet. Patience is the key for a reasonable entry point.
Posted by Contrarian Investor UK at 11:10 AM
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