VOG 2005 New Thread

Draw a trend line now from the following points

1. 38p just after accumalation and before spike around june 10
2. the retreat to 40p in mid july / mid aug
3.the potential double bottom forming in mid oct ( after a testing couple of weeks )

if we bounce off this once more?
factor in director buys around 38p
large buying up to 50p ( someone bought 100k worth near the 50p mark
Institutional placement at discount from 70 to 55p
recent steady good news including near term production likely from kemerkol bonus
oil story in general
gas story in general
precedent for region in which VOG Operate
fox davies report
cairn and other oilers either running out of steam or being bid for ( plr )
- more "blue chip " investor money may shift from mid cap to the junior oilers
coverage due from broadsheets and mags , oil barrell ect
us chinese russian and malaysian firms bidding for oil producing cos
ect ect
looks solid

imo