American Bulls - BUY-IF I see that American Bulls is now callling for a BUY-IF on Ithaca Energy. And what is the "IF" all about. Well, IF at the end of the trading day, the share price has risen then BUY. Jesus, what a load of malarky. They wait for the session to close then make a prediction on where the share price is going. A week ago they call for a by then three days later they call for a sell then three days later they're once again calling for a buy. Sounds to me like they are in the business of trading transaction fees. This is nothing more than your own financial horoscope.
For those of us who do not trade daily, which I suspect would be 99.999% of the posters to this board the upside to this company is tremendous. 1) the hurricane drill came in way above expectations, and now shows two viable reserviors, 2) IAE has 250 mil in the bank for an acquisition, 3) Helios has yet to be completely defined but at this point shows very similar characterisitics to Stella, 4) IAE currently has no debt, 5) they have very strong partners in Dyas and Petrofac for the Stella development, 5) the Greater Stella area has tremendous untouch development potential, 6) the potential for a take over the next year is very high due to all of the points above.