GKP

Hi livenow,

All well and good here thanks. Hope you are too?

Not much to add that hasn't been covered already. 87p is important but failing that there's 64p and I won't mention the gaps below that lol

As for the III BB - if you poke a hornet's nest you're gonna get a reaction and nothing upsets the faithful more than a dose of reality. Cults are not known for their objectivity so the only sensible place to be is, of course, Chartsview!

I remember way back in Oct/Nov 2012 saying that a return to 87p was a possibility based on wave analysis after the bounce from 141p and failure at 260p. It didn't go down well on III at the time as you can imagine but then again, I really didn't believe it myself either (I mean, technically it was possible but I never thought the company management would construe events to allow it). Just shows the power of the charts and the importance of patience and confirmation. Lessons we all know well enough but still find hard to follow, me included.

And worse to think of the spectacular gains to have been had elsewhere for those that held all the way through.

FWIW, I think that the publication of the CPR could well be the final nail in the For Sale sign's erection. For Mr Kozel's sake I hope so because I can't see him getting re-elected as a director of the company at the next AGM. Can you?

Right, I'm off to see if Gramacho wrote up his CPR review and revealed just how much information about the OWC and other important operational detail was withheld from investors. Have a nice day!

Hi stranger ...lol...I've not seen your post for yonks ... Hope you are doing well.
As for gkp.....well the best place to go long is 87. It all depends on your risk. If you believe in the company then do what is right for you.This current area is a psychological area ...a break and finish below 1 pound would not go down to well ..but 87 is strong support and I'd be shocked if that level does not hold.
GKP still,have oil,in the ground so can't be all, bad...lol

livenow wrote: Hi remo, hope you are doing well.. GKP has been a great roller coaster.. i have been completely absent from main board since feb . I sold a lot of GKP between 155 - 160 mark and luckily i have kept it in cash rather than immideatly reinvesting in SXX.

Do you reckon GKP will go down to 87p ? wondering if I should buy a little bit here at 103 and then see how it goes..

Good to see that Todd Kozel & his cronies have proved me right cannot believe how much abuse i got from the usual delusional crowd on there .. And still amazed at how those folks are clinging on to their delusions.. Ah well , atleast they cannot say that the sp is now 103 because of a boiler room , paid basher like me


Jacko : hope you are well too sir.. and will be good to hear your views too..

Hi remo, hope you are doing well.. GKP has been a great roller coaster.. i have been completely absent from main board since feb . I sold a lot of GKP between 155 - 160 mark and luckily i have kept it in cash rather than immideatly reinvesting in SXX.

Do you reckon GKP will go down to 87p ? wondering if I should buy a little bit here at 103 and then see how it goes..

Good to see that Todd Kozel & his cronies have proved me right cannot believe how much abuse i got from the usual delusional crowd on there .. And still amazed at how those folks are clinging on to their delusions.. Ah well , atleast they cannot say that the sp is now 103 because of a boiler room , paid basher like me


Jacko : hope you are well too sir.. and will be good to hear your views too..

As predicted...This seems to happen a lot with shares....lol

remo wrote: yep...87 is the area that could get targeted .
This down turn is not over for gkp . So best not to top up from current levels. Just wait for a 123 low to form to give you the green light. The best level to go long on GKP now is 87 on a first attempt basis.
This had an evil gap down today. ive noticed when shares do a bit of recovery and leaves a long tail after a gap down there could be a chance that the low of the tail could get tested over the next few days. So dont rush and buy. Just wait for a good support level if you wanted to buy and that level is 87 but you still need to have a stop in place.

dl.dropboxusercontent.com/u/4899609/gkp13thmarch2014.png

Sounds about right b77 though I'm not sure that it's driven by the MM's per se.

There's no real problem with 87p or even 64p getting hit in terms of EWT - as you know, we can always fit counts in retrospectively

It had been documented that this week would see a significant move and we got just that. It wasn't what we all wanted but we're accustomed to that aren't we?

Apart from the spectacular success of Mr John Gerstenlaur and his ops team this whole shebang has been an unmitigated disaster imho. Not the only one on AIM, however. But then again, why would IIs risk AIM when they've been able to generate 300-500% returns in FTSE listed stocks in the last 15 months alone?

Oh well, onwards and upwards as they say. Or not, as the case may be

Surprisingly quiet here given the swings on GKP and a Friday finish almost right on a support.

I'm guessing that MMs will take this down on Monday morning. Am I right in thinking that a close below 102.5p and our old friend 87p comes into play?

How might that fit with EW count?