CTP 0.00% 5.3¢ central petroleum limited

JV2009, I don't want to sound like I am mentoring you after what...

  1. 6,609 Posts.
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    JV2009, I don't want to sound like I am mentoring you after what I said last week, but I see you wrote:

    "I have seen some shares actually drop once a half decent ann is released, the SP actually gets higher by just the hype around it, so you have to be carefull when to sell, its all about timing."

    In my opinion, as long as CTP get a commercial find, then you have nothing to worry about. Long story short, companies like SSN and ESI which were sold off after significant news were done so because traders have a mentality of Buying the Rumour and Selling the Fact. The rumour for those two companies were a property purchase for SSN, and a technological signing for ESI. The rumour for CTP is something alot more significant. Oil discovery!!
 
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