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SEA - Sundance Energy Australia

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bbker said:
The word is there'll be an announcement in a few days about the release of reserves upgrades and the SEA team is coming to Australia for conferences and talks with large institutions...
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Not one to call right just yet.. but since I posted that small tech analysis SEA is more firmed back into the higher 90c half.
 
Took option to bank some profits today over the $1 mark, will look at getting back in on a dip again, if opportunity arises, seems to have trobule holding over $1 at the moment maybe needs that announcement that everyone seems to be talking about on various forums, including this one. Will wait and see. Like the story, see what happens, good luck to all.
 
Broke into a new intraday high today. Settled up 2c I think? Was still a good day and good momentum today. I think if it break below 95c again Ill be back in. Looking very good and still waiting on this announcement
 
Well looks like I was wrong in selling yesterday, announcement out, over $1 as I post good luck to all, another :homer: moment Doh
 
Dont be to hastie to kick your self, old mate big selloff a minute ago
 
Youtry said:
Well looks like I was wrong in selling yesterday, announcement out, over $1 as I post good luck to all, another :homer: moment Doh
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argh, I guess you won't be posting here anymore

There's lots more happening with the 16 Niobrara wells at 36% WI.

Anyone else here gonna keep holding?
 
Did not say will not buy back in, just thought would drop to low 90c again as on the last 2 times and bought back in both times and sold around the $1 mark, just sitting on the sidelines a little at the moment to see where it settles. Looked like it was going to crash though $1.05 this morning and keep going but has not.

As I have stated think it has high potential and like the story - posted above why but will take time and like to bank profits along the way. The Niobrara is still a while away only at permit stage and the other wells still need to be frac etc. so I still see time to get back in.

If you do not replace the wells in the Bakken with new ones then the decline rates on the other wells will mean that the production targets set by the company will not be met (see Dec 10) and likely March 11 will not be met due to the delays - note no production update since January 11 and this may create an opportunity to buy in if the market overeacts to these. I just think if you set a high target and do not achieve it by the due date but the fundamentals remain solid then the mkt will usually give you a chance to buy back in and then I will hold long term. Maybe right or wrong time will tell and if wrong then I will pay a higher price if I am, that is part of investing.

Just my thoughts and happy to post, if you do not want me to I will not and keep them to myself. DYOR please and stick to your plan but this is mine at present
 
breaker said:
Dont be to hastie to kick your self, old mate big selloff a minute ago
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bbker said:
argh, I guess you won't be posting here anymore

There's lots more happening with the 16 Niobrara wells at 36% WI.

Anyone else here gonna keep holding?
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What are you guys talking about? Or are you being sarcastic? Once again more wells being pushed on and a solid result. Good result on the SP too. Spiked and holding around the $1 mark. If anyone said 3 months ago SEA would be at $1 they would be very happy rather than selling off or being negative? Each to their own but if SEA stays above $1 today and holds for awhile I can see it around Condog's evaluation of $1.24 in a few months or so. Greatly awaiting the Dog himself making a comment about the share movement today and the result.
 

Just a bit of pessimistic optimism to stir up interest here
 
BrightGreenGlow said:
Yeah technically $1 mark is a big thing, next week will be crucial I think anyways. If we can stay above $1 it might stay for a while until the next surge?
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Did hold and has held today.. All the way to a new high at $1.07. Very handy with solid volume and great buy/sell ratios setup for tomorrow. I see 1/4 of the people selling have targeted $1.12... hopefully we see this this week. Any thoughts if we will?
 
Very nice surge as predicted the last few days and continuing today, another new 52w high and still a great outweighing of buyers. That end of march target is in sight if it keeps rallying and will hopefully hold for another dev update.
 
BrightGreen.. Do you hold this stock? Thank you for your recent posts, very educational.
Are you a seasonal investor?
 
Magic Man said:
BrightGreen.. Do you hold this stock? Thank you for your recent posts, very educational.
Are you a seasonal investor?
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Yes MM, and thanks this one is pretty good to chart (well it has worked out so far, good possibility is was fluke though). Seasonal.. not really, trading for the last 3 years though, trying to learn as I go. If you want good reporting and research check out condogs posts but you have already seem them. Do you hold?
 
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