George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
There are quite rightly many posts here on the the present level of the TLW sp, and it's potential future movements over the short, medium and long term.
Back in the spring / summer of 2017 - institutional shorts were running at 14 - 15 %. when the sp was standing at similar levels. ( maybe slightly higher ).
Today there are no Institutional shorts, at levels that have to be declared, that I can see on "Short Interest Tracker".
So either the Institutional Shorts, remember the swift sp movement upwards, which had them falling over themselves to close positions through 2018 and don't want to get burnt again. Or they see a different medium to longer term outlook for TLW, this time around.
gla
G
and the Brokers forecast Consensus is also POSITIVE
Strong Sell
(0 of 10)
Sell
(0 of 10)
Neutral
(5 of 10)
Buy
(1 of 10)
Strong Buy
(4 of 10)
The latest downgrades have a price target of 249p and 165p, well above the share price on Friday close 139.25p .......
14 November 2019
JP Morgan Cazenove today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to neutral
(from overweight) and cut its price target to 249p (from 278p).
22 November 2019
Tullow Oil downgraded to Neutral from Buy at Citi Citi analyst Michael Alsford downgraded Tullow Oil to Neutral from Buy with a price target of 165 pence.
The analyst sees limited visibility on the company's exploration program and risk of further negative revisions on its Ghana production levels.
And yet...
How Brent Oil is performing tonight
chart .... https://tinyurl.com/rv9gw2y
S&P closed at the day's high. oil up too since LSE close. with Tullow being a high beta stock this bodes well for Monday.
Bluelight
re - A fair few of your comments are just plain incorrect Leem
Leem1 has just posted from his/her back sid- in order to get others to sell so his/her presume short gets to 130.
certainly is doing it willfully
It seems some people have lost sight of why we are able to pick up TLW shares at this level. 1) They issued a shocking profit warning. 2) the two oil discoveries are still being analysed, 3) are they going to be able to pay the dividend cover they they have only just established. 4) Will Guyana bare the same level of success as it has for Exxon. The sp doesn't turn around just because we have bought into it. A non exec director has joined us in believing that despite its problems this is oversold and is likely to recover. Stocks always get overbought and oversold. If it were that easy everyone would be a millionaire. I bought tLW for 70p a share originally. I sold out way too early, but still made one of m best profits. I've traded in and out over the years, but have waited a long time for an opportunity like this. I believe in this company. Possibly got in a bit early at £1.47 but I'm still stake building and got my average down to £1.42. Happy to average down again. Could take a few months or a year to turn around, but a great opportunity none the less. Exciting prospects ahead but could be further disappointments. This is oil exploration. You either believe or not.
If you want to use charting as a reason to buy or sell you need to start reading them properly for a start. A fair few of your comments are just plain incorrect Leem, either willfully or worse through lack of understanding.
What do you want me to say? I’ve been buying and losing. This has fallen everyday for around 10 days. New closing lows, oil rallying and this still selling off . These type of sell offs are quite unusual, this has closed sub 140 so since charting is the only thing that matters with stocks anymore 130 is what is expected.
Me to mate just bought a load more at 139 mind you started buying at 165 hopefully won't be buying at 120
Waiting game on this one but will come good at some point
Have a good weekend all and pray monday is a better day
Leem1
RE- New 52 week low again. Lower to go.
Why are you talking rubbish,
the share price low on the last few days was 138p twice on Wednesday and Thursday.
You are PUT on the list of Lying and is not in the bed.
On being short does not mean you have to say untruths
---------------
Brent price has done the usual $1 drop (or rise ) from $64 to $63 and then recovered some now $63.40
last 3 days chart movement
https://uk.advfn.com/p.php?pid=chartscreenshot&u=06ap4mkOTz4Kl77tWTvT5QeJPnvkJ790jgzLzAarZ20=
Now it’s broken 140 they will want the 140 jan 2016 ‘charting point’ next. Even if oil goes to $80 a barrel makes no difference
Could be right. Shorters have a clear run till Christmas, unless of course TLW suddenly spring some news out of the blue like they do, which could come from anywhere, they have so many problems to solve and can. In which case ouch! The lowest broker target is around £1.65. Have tucked a few more away sub £1.40.
New 52 week low again. Lower to go. Lost thousands on this dog so shorting it to get it back
room
its hedge funds IIs who are shorting the stock via their algorithms to reduce the cost of the shares they have to buy back
Can anyone tell why people selling at this price