Thursday 19 October 2017 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
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The September 2017 edition of the UK Investor Magazine is now live: Adam Reynolds speaks, seven hot tips, gay penguins, and much more
Tom Winnifrith Bearcast: Another slam dunk lie in the MySquar trading statement - time for correction number 2
Having asked for readers tips for 2017 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2017)...
What can be seen currently on the daily chart of Empyrean Energy is the way that we have no less than four higher support points over the past couple of months.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Cyan, Empyrean Energy, Serica Energy
Featuring shares in African Potash (AFPO), Armadale Capital (ACP), Empyrean Energy (EME), Mobile Streams (MOS), Serica Energy (SQZ) with share price targets for all these minnows.
In the wake of today’s reserves upgrade from AIM listed Empyrean Energy (EME), house broker Cenkos has increased its estimate of fair value from 25p to 31p and is thus telling clients that the shares should double from 15.5p.
Cenkos Securities, the house broker to Empyrean Energy (EME) from 20p to 25p on the back of a quarterly trading statement yesterday. With the shares at 12.25p the broker rates them as a buy.
Empyrean Energy (EME) shares have, in theory, done all that is required in the near-term to prove themselves as being one of the small cap heroes over the first half of 2014.
Given the nature of the beast, the beast referring to resources stocks in general, it usually seems to be wise to adopt a mixture of momentum trading-following moves to the upside, as well as trying out the odd toe in the water bargain-hunting opportunity. This latter is what we appear to have at Empyrean Energy.
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