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Buy Rose Petroleum at 2.28p – Initial target price – 4p

By Scott Winter | Sunday 29 June 2014


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


There were two interesting articles on Rose Petroleum (ROSE) written by Chris Oil this weekend that caught the attention of many retail investors. Chris has made some great calls recently, most notably Hurricane Oil (HUR) which has risen over 50% since his tip at 27.5p. Anyone following Chris’ advice would be reaping some healthy gains. However I think Chris has got his calls on Rose wrong. I am greatful to Tom Winnifrith for - in the interests of balance - allowing me to put the alternative point of view.


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