i saw 80.3p on the bid.. then oil spike sent SP to 85p. close price of 84.60p is just above my 84.43p 1st purchase on friday. near to my 79p top up target but no worries as i bought Tullow Oil near the day's low. good to see a blue day. SP rise better than Premier Oil (PMO) down 1%.
When the share price was as an Intraday low, it was much at the same price as last September lows, representing a double bottom on the chart. At the same time the Oil price started to climb from the recent lows that in a way was also much the same lows as last September, so also double bottom for the Oil price.
granto. I've traded PMO heavily over the last couple of months. I've made more money on them, than any other stock this year. The thing that concerns me the most with PMO is the price that the bonds are trading at. Also watching shorts that have been opened recently. Some of the funds have shorted heavily between 66-69p. Then this week the price of their bonds has collapsed! I think it's best to just watch them at the moment. Thank goodness Ophir moved up today. What's the chance of it opening higher tomorrow morning? Good luck. Popeye.
Hottentot. It's getting better. It's got to fly now you're onboard as well. Just had a little look, I'm now only 3.8k under water. It would be lovely to break the 87.5p today! I could then sleep tonight. Lol. Popeye.
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