Trades and observations from a British contrarian stock investor

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Saturday, February 5, 2011

Plenty of rumours with Rockhopper and some look credible

Interesting the rumours on the iii.co.uk bulletin board on a Rockhopper oil strike from a respected poster with a good history. Now the pieces are falling in to place why others "in the know"in the City advised topping up last week, though I considered Rockhopper at the upper end of risk compared with my other holdings. I hear a couple of guys from one of the brokers were down in Stanley....and leaking some interesting emails. Some are bull, but one or two look credible with respect to supplies moving out to the Ocean Guardian rig which would only be used if there was hydrocarbon shows. Looks like it may be a nice surprise early next week, or someone's put a hell of a smokescreen in the square mile!

3 comments:

  1. Everything crossed, here. Double and triple. Good luck!

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  2. Rumors on a bulletin board are just that, no one knows who is really behind the usernames.

    Wait for RNS, thats all you can really do. Not expeciting good news myself. IMHO, DYOR

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  3. Oil exploration stocks are always high risk and as a result its a case of putting a small investment in. This is not a sure thing and rumours are that, just rumous until the RNS comes in. The fact that RKH already have Sealion desrisks this company but at the end of the day its a punt, not like going to the races, but far from guaranteed. Good bit of fun and if it comes off i'll be smiling, if its a duster then hey ho and we move on without breaking the bank.

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