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Fingers crossed Emerald
Talking boats (not boasting it's been a long time dream and mega effort to get there) - I have purchased a Narrowboat, cruising my way from Northampton all the way up to Skipton over the next six weeks or so. Slightly daunting at the moment tbh, surrounded by piles of stuff to take onboard! I will be doing my bit for PMO burning diesel, all be it at 2mph!
I think you will be about quits by close of play tomorrow but we will see.
Looking fwd to tomorrow, have been a tad worried last few weeks about my last punt - a fair big lump I bought @ 52p.
Owls, I agree. Seems to be an honest sort of chap to me, whether or not I agree with him all/some of the time. And he seems to have called it right recently (assuming you believe what he posts)....... and I've no reason not to.
To be fair to the ferret he did say he was closing his short and going long. He's got it wrong in the past but today was a good call.
ARCMhunter best thing i have done for reading this board is filter the two characters who post the same drivel all day long.
Fag packet calcs show it's a good deal. Unless you believe oil is going to stay under world break even prices for the next few years
That’s fair enough, I do agree there’s still plenty of risk about.
I do have a genuine interest on your thoughts as to why you think BP was a bad deal though? It’s a great asset that suits pmo’s needs perfectly imo, i would trade zama for another deal exactly like it if I could.
Ferret,
« « the RI is lurking and ultimately one way or another it will dilute your holdings » »
I disagree with you about share dilution. That happens only if the company don’t add a substantial value to the balance sheet. BP assets will very welcome by shareholders.
Oh deary me, I really have hit that nerve again. We all are here to try and make a profit Ferret, just most of us don't post multiple times a day stating the same thing; it's monotonous. It is good to see, however, that the business of which you are CEO is able to run so well without you ...perhaps that is why it is able to run??!!
By the way, don't spend that £1.60 you made on your short all at once will you - you have to save for your new boat!!!
ARCM - sad the levels you bow to - yet to see one decent post from you, not even sure why i am replying to you
Dont care what you think, i am smiling - i like to make cash :), you like to point the finger
Let me give you some advice, on 2nd thoughts, maybe not . . .
Rookie - "You have repeatedly said for weeks you think the BP deal was a bad move, then there’s an RI lurking, then corona virus wave two is here and corporate earnings will decimate the markets!!! Than today, Your Long. Please don’t make out like I’m the one sounding silly."
YES i think the BP deal is a bad move for PMO with its current debt levels, TD driving and the current economic enviornment - i stand by that.
YES the RI is lurking and ultimately one way or another it will dilute your holdings - i also am concerned at the mechanics of the vehicle TD will use - his track record is not exactly inspiring in that regard
YES Corona cases are rising - any fool who reads even the most basic of news can see that its a growing big problem -
YES corporate earnings will hurt - coproates are laying off staff worldwide in the tens of thousands - how can that not hurt economics all the way down the food chain. Note Qantas cancelled ALL international flights until March 2021 today !!! Thats 9 additonal months from now, so i guess even the big boys see the virus as an issue, if you dont. To top it all, the US banks reporting today, the likes of Citi and Wells were not exactly inspiring were they. Oh and did you notice Singapore GDP dropped 40% quarter on quarter - thats 40 %!!!
Yes i went long - seeing PMO SP buck the trend earlier today and conidering the leaky ship in the past it seemed like there might be a positive spin in the TU tomorrow - hopefully it will shoot up and we can all make some cash but i can assure you i wont be sat holding it long and strong in full - too much risk out there and PMO still small fry
Why does everyone have to be compartmentalised as a long or short - what an insular way of looking at things.
Ferret, yet again I hit a nerve with you ... I am genuinely beginning to wonder if your investments are as fictitious as you being a CEO. LMAO
ARCM - cut the petty chit chat and post something worth reading, its getting tiresome - if only you wasted as much time researching and posting things people might be interested in reading it might benefit - that is the purpose of a BB not to sit an pick fault in others. What is it with you guys - nothing better to do -
For the record, i disclosed my position to give transparency as was being called this and that by yourself, Kraken, OBND, Kenni, et al (wow so many rampers) . It seems only SK, myself, Alpha, Kilgeevers etc are transparent with our holdings - i guess we dont really see that it effects anyone but helps to understand why we are seeing something in a particular way -
And finally - as getting bored with this now - no need to be proved right or i told you so (but in this case you cant say i didnt give you enough warnings about the drop and you just ramped it all the way as it fell) but thats your call or should i say you calling constantly long is impossible and totally improbable whichever rule of chaos theory you might abide by
You have repeatedly said for weeks you think the BP deal was a bad move, then there’s an RI lurking, then corona virus wave two is here and corporate earnings will decimate the markets!!!
Than today, Your Long. Please don’t make out like I’m the one sounding silly.
Ferret, if you are here "solely to make money", then why do you keep telling everyone whether you are short or long? Your money will be made, or otherwise, without passing that information on to others. ...or is it that, like DBNO, you feel the need to be proved right / I told you so?!!
I like to call the ladies on Babestation my girlfriends.
Rookie - lets get one things straight - i am here solely to make money. I spend a great deal of time reading and researching before making my investment decisions and knowing a few here (whom i know well and wold like to call my friends) i post my thoughts and any news i feel is relevant that might help them. As i am have saif many times before, anyone who makes their investment decisions based SOLELY upon anything i or anyone else posts on here, clearly needs their own head tested and should not be trading at all.
In the same vein, as i hope you also hopefully have now realised, those here who consistently and constantly call this hitting a pound and must add more and its never going down and that shares only go up and anyone who says it will drop, deserves 10 hail mary's and a kick in the butt, also need their heads tested.
Get a life dude - make money on way up and way down if you / we can call it right - sometimes we get it right and often we get it wrong but thats also the addiction to it and the fascintation of making money.
Incredibly leaky shop with 9% rise !
but i am not complaining - GLA for tomorrow
Hey SK, thanks, a bit of luck also, as any day in the market. Lucky i went long by the looks of things - must be a positive update tomorrow as seems this leaky ship has leaked yet again . . .
i don't know about patch Tuesday its more like Mad Tuesday.. 43p whooda thunk it.
patch Tuesday is in reference to Windows update out later today. 2nd tues of every month.
Well played ferret, congrats
Good trade!
Tarth - that short was one of my most profitable ever with net 16% ROI
Nervous at times and filled my underwear when chat about take-over but it continued lower and held my breath and it paid off
.... you're pleased you closed your shorts TCF!