We present below in all its insulting glory a post to us from an individual who goes by the handle of “SueYou1” on ADVFN. Regular readers will know that we have covered Ceres Power extensively both on this blog and in our “5 Potential 10 bagger piece” in the July edition of our magazine (link…
The price of oil (WTI) dropped 6.5% last week, despite a minor rally on Thursday and Friday, as vague rumours of a release of oil from the U.S. strategic petroleum reserve and the possibility of an increase in production from Saudi Arabia was compounded by a sell off due to futures expiration. On top of that, the…
It is rather worrying how little coverage there is in the Western media about the increasingly nasty escalation of the China-Japan stand-off over a few small islands. The Arab Spring which was galvanized through the enormous power of social media may have parallels in China given the strangle hold the authorities have there over main…
Argos Resources, the AIM listed, North Falkland basin oil and gas exploration company owns a 100 per cent interest in production licence PL001 covering an area of approximately 1,126 square km. It rose 6% yesterday to 23.5p and announced today that JP Morgan now have a stake of over 7% and Canadian Hedge fund Salida…
PMI data published earlier today for the Eurozone shows that the European economy has not yet bottomed with manufacturing continuing to contract and so suggesting a negative GDP print is likely for the third quarter. The main PMI composite index declined for the eighth month running in September to 45.9 from 46.3. Services activity fell…
INSANITY! That’s how I describe the Federal Reserve’s third round of money printing (QE3). Frankly, I’m not able to make a judgement on whether Fed chairman Ben Bernanke himself is insane or not. Maybe he really is. Or maybe he’s just deluded. Or maybe he knows that QE1 and QE2 didn’t work, therefore QE3 is one…
This was a good trade for us, running the position from 123.00 from the 14th August and taking 340 pips out of it in total. Take a look at our record on the About Us page – this year we have achieved over a 95% (that’s right 95%!) success rate on our Calls. We have…
If the underperformance of mining shares is leaving investors scratching their heads, the major discounts being attributed to high quality junior miners is just as compelling. Mark Bristow, CEO of FTSE 100 listed gold producer Randgold Resources, summed things up nicely suggesting that the junior mining space was ripe for an uptick in M&A activity…
Xcite Energy announced this morning the successful conclusion of the Bentley North Sea field pre-production well test. Twenty one long months on from the first field flow test, the scene is now set to exploit the substantial field. Highlights Pre-production well test results exceeded management expectations Successfully demonstrated full field development drilling, completion, production and…
The Bank of England published earlier today the minutes from its last MPC meeting held on September 6. The minutes show that all nine committee members agreed upon the decision to hold interest rates unchanged at 0.50% and to leave the current asset purchase program at the £375bn. The committee unanimously voted to keep the…
