Judging by this morning's blue sky, hope the clouds hanging over the oil sector recently will be evaporating quickly in April......with positive news for a change.....
For the April 2013 “>20%” monthly oil stock competitions, which oil stocks will have the greatest move for
(i) >20% gain?
(ii) >20% loss?
You may enter two stocks, one for (i) and one for (ii). More than one person may enter the same stock. The deadline for the April competition is midnight on Monday 1 April 2013. Results will be posted on this thread asap after the April month end.
Good luck!!!!!
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Up - TRAP
Trapoil's Scotney prospect should be around TD circa 18th April - so result will happen in later April - worth 29 pence per share on its unrisked P50 if its good, thats double the current share price so a good chance of a big rise IF IF IF the 30% CoS well comes in good.
Other potentials are BLVN and GKP but I'll go with TRAP
Down - TRP Tower is short on cash and will need, imo, to raise money via a placing - that will keep downwards pressure on the share price.
Other potentials are TPET (fund raising?), MOIL (project problems?), LRL (flow results?), TRAP (Scotney duster?), AEX (no farm in?) - but I'll go with TRP for a slow and steady further decline.
