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lots of stocks well into the red. except BOO up 30% since yesterday.
close UT 42.97
painful day.
i did sell once i saw the dump getting to much for me, good profit, but would have been better yesterday day before and so on ..............will look to get back in, see what happens over the weekend
yes precisely SK, he would probably reject it emphatically (risk losing his job)
but to be fair TRINID, PMO does always act in mysterious ways and often does its own thing which is somewhat assisted by the convertible bond arbitrage, the high levels of shorts and most certainly the debt levels and in my opinion, the wrong man at the helm
That said, on this occassion it seems to be following the general market trend and its peers
Please do :)
Precisely Ferret.
I genuinely want to buy back at 26p and feel there's a fair chance. The sell off is coming and cash will be more use than shares in PMO
TRINID - its that, the virus numbers continuuing to increase globally, the impacts on global trade, oil demand dropping, unemployment, TD (hahaha), Zama sale not going through (at least yet and it seems a while off with PEMEX issues) and the elephant in the room PMO's debt levels in an bad economic climate and then the new purchases, the warrants covenants, the rights issue - shall i go on ?
anyone think $32 WTI is likely from here?
Ferrett, At the time of writing i could see the oil price on Brent/WTI tullow wasnt down as much as PMO at the time thats what i was asking :) still possibly it is the US that now getting priced in to the markets.............
well done to everyone that just bottled it...thankyou.
If you think only buying/selling causes SP fluctuation you are stupid.
so is Shell, BP and Enquest - its a broad based sell off
Us just suddenly went negative nd sold hard. Maybe because US Gasoline figures started to show a drop off in demand (as reported on Oil Price.com), but Walgreen tanked with bad results (no Sh88 Sherlock) then Apple started to turn pulling Nasdaq back - so, well, ummm who knows but south seems the general direction for now
close to the target i posted this morning.. 42p
TRINID, take a look at WTI and Brent (just a clue)
YOu might also want to take a look at the DOW and S&P at this moment
Why PMO is down so much compared to Tullow????????? I think MMs doing a good job, Fact they are more than willng to take all my shares on a dumy sell,
Does anyone know the reason for the drop .............(not their theories)