Tuesday 22 May 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares of CPP Group (CPP), Faroe Petroleum (FPM), Infastrata (INFA)
North Sea oil is hardly something that I would generally be rushing to put money into at the moment. The collapse in the price of Brent has led to lots of job cuts recently and cutbacks in the development of new assets – some of which are no longer viable at current oil prices. But some companies might be, including possibly Faroe Petroleum (FPM).
While it has not been an easy recovery for bottom fishers of Faroe Petroleum since December, the three steps up / two steps down trajectory has at least been relatively consistent.
With Faroe Petroleum (FPM) it is not that easy to decide whether the technical glass here is half empty or half full? After the latest pullback in the shares are standing almost exactly at the 200 day moving average level of 119p and in the middle of a rising trend channel from June last year-as well as having a RSI reading only just under neutral 50.
VSA Resources has updated its valuation for Faroe Petroleum (FPM) to take into account the latest information for the 2013 drilling programme and recent licence acquisition in the Barents Sea.
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