Market's view on Block Energy P.

Published on April 2024

  • Stock watchers observe the trading volume is expected to increase in the afternoon, particularly if there is potential news on Monday morning.
  • Discussions include a link to an article about the global increase in oil demand expected in the upcoming months.
  • There’s a strategy shared about de-risking by selling high and buying back at a lower price while maintaining long-term investments in hopes of substantial news that could transform the share price.
  • The anticipation of a significant upward movement in share prices termed as ‘Quantum Leap’ by one stock watcher.
  • Analysis suggests that a share price of 15p is achievable, with plans to possibly sell a portion at that price.
  • Observations include daily graphs showing consistent patterns, and expectations for the share price to challenge and break past 2p with sufficient trading volume.
  • Concerns are raised about market makers suppressing the share price to keep the stock under the radar.
  • Discussions about significant trades being delayed, indicating a tight market where large trades are hard to execute without significant selling.
  • Frustration expressed about market manipulations with last-minute trade run-ups and withheld trades, impacting typical trading patterns.
  • There is a specific mention of a trade of 250k shares at 1.90 as a skimmed profit, indicating active trading involvement and strategic profit-taking.
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