Victoria Oil & Gas: Fundamentals & Valuation Summary

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mdin79 - Tue, 02 Jan 07 :

Looks like there are as many people long on this as they are short ! ! !

What does this mean ? ? It means nobody has half a clue as to the outcome but seeing that sentiment in on a downward slope, more luck & sensebility from shorters.

If you're long - everything's positive and looking at +100p as so much has been 'discounted' on price until now with 105 drilling ahead.

If you're short - all negative towards 35p ..... followed by drip ....... drip ........bang !

I shall remain long and make this the only blind gamble i will ever take with any stock because that is exactly what it is at this point - a gamble. This is no way to trade in stocks & shares.

One question i have - why oh why did they not start with the potential 'company maker' well 105 ? ? ? ? !!!!!!!!!!!!!

The price was already over inflated at the time seeing that there was no production. A perfect opportunity missed. What were to happen if 103 & 105 are non commercial ? !!! It's over.

D&M estimates are currently stinking but not half as much as VOG stockprice. But i fully agree with the market's reaction to the last few months for VOG.
They have disappointed shareholders and am also extremely peeved off management seemed to get an easy ride at AGM on friday.

I remain unconvinced and dread the outcome of Wed-Thur-Fri RNS.

Good luck to all LONG


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