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will we wake up to 70 ?
sold most today still got 21500 left for tomorrow
70p? not if oil keeps on rising. could spike up $5 from here. then again it could go down $5!
Cathay, now have WiFi. No escape...
Will be an interesting 15 hours for you watching the price of oil.
I hope we smash 70 and get close to 75 when I wake up tomorrow.
Should set us up for 105 - 110 tomorrow.
Come on PMO let's get moving.
Will only take a night-time cruise missile attack on Iranian/Houthi military tagets to send this soaring. Don't relish war and its inevitable consequences, but modern warfare tends to be a little more "targeted", which hopefully minimises civilian casualties. But there will always be some, and that is very sad, especially when children are involved.
Thanks to colebrooke posted on the ENQ board.
From Bloomberg:
The sudden loss of 5.7m b/d of #oil production is the single largest outage the market has ever suffered (larger in volume than the loss of Iraqi and Kuwaiti output in the 1990 Gulf War, and the loss of Iranian oil in the 1979 Islamic Revolution
Woa.! Oil flying. You lot must be loving it. Another 10% tomorrow? Possible. Im just sad very sad.
Has anyone seen anymore about what damage been done to oil fields and how long they expect to be down....I did see somewhere that 30% will be up shortly , but that still leaves 70% unknown.
They all are still a bit vague, which would suggest it may be worse than they think.
Don't be sad Mrd.....you are already wealthy. Feel happy for those of us who are trying to build up some wealth for our kids.
Sorry that your not enjoying it Mrd, but maybe you’ll now get that recession your expecting....
Im glad for you all. Seriously I am. Bit sorry for members he sells and the houthis attack! But pmo and all shares will get back to 50s/60s. The question is how high will it rise first. Selling too early has cost me 350k in gains. Talk about missing the run. Think I should just switch off till I see on news dow has fallen 1000pts. Enjoy guys. Remember to sell. Or just keep increasing your stop losses. Say put it at 90p today. Then 95p tomorrow. Then 100p day after. That way at least your guaranteed some profit. No point riding it to say 140 to back to 60p. Then you were just rich in your head.
Eh? Members sells?? He's been saying he bought at £1.80 or so years ago and has been waiting for a comeback ever since. And you now say he's sold?? At a loss?? If he's to be believed, he will still be holding, and will be getting quite excited at recouping his losses. And I hope he does! Don't wish losses on anyone.
If it’s true about Members & it’s a big if given his PMO backstory, it is sad as the more people who enjoy days like today the better. Wow Mrd that’s some paper gain you’ve missed out on & I know from experience it’s easy to buy, the hard part is choosing an exit, I don’t calculate my daily gains/losses as my holdings are spread about on different platforms, but think I can afford sweet & sour pork in the morning.
I hate to say it, but I have a feeling that US military action is imminent. One side of me is saying yeah bring it on for my own selfish reasons, but I wouldn’t wish war on anyone,
Quite. A response will be under cover of darkness. Just hope civilians are not involved.
I feel sorry for members that he had a large loss on PMO from £1.80, however, he has always advocated everyone not to sell their shares as per one of his quotes " Day trading maybe, but now that a whole new era is on the horizon with all the exiting assets and the Zama sale imminent, I certainly hold on to my PMO shares."
Then he goes and sells his own PMO shares and does not take his own advice. Luck plays a huge part on shares in my opinion and those still in over the weekend were lucky to enjoy this ride today and possibly tomorrow.
I wish members the best , maybe he has reinvested elsewhere and had some gains and if so good for him.
I will be staying awake tonight, see if i can spot any missiles flying overhead , on the way to Iran LOL :)
Members didn't sell. I really hope he didn’t. He said it too casually. He will only sell at 180.
Some upside on Enquest at this stage MRD if you fancy a piece of the pie IMO
TR61
Yes satellite images shown on Beyond 100 Days this evening showing significant damage in holding tanks, large tower whatever it was and numerous other structures. All holes in tanks facing towards coast aka Iran
Thanks for that Groover, appreciated, so looks like could be a little while before full capacity.
Going to be an interesting couple of weeks.
Just hope oil stays steady.
Cheers
All holes facing Iran!
Amazing ordinance which only punctures the silos..... leaving small neat holes. Hey Iran, ask for a refund! Those armed drones which blew things to smithereens elsewhere, only made ickle pin holes conveniently facing Mecca.
And Santa has a beard. And America doesn't have an opioid epidemic.
And big cuddly Mike is a hippy.