The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Maybe some teen is having a laugh moving the official oil price around at will?
can i have access to your crystal ball please, looks like you have called it right again today,good luck.
with the new entity having a vastly larger boepd, these crazy swings in oil price are more damaging to the bottom line, the market is nothing more than a modern day dick turpin, with the exception of any consequences, makes me sick, totally corrupt imo,but glalth and traders alike.
Do the creditors' share allocations have lock-in periods on them the same as the rest of the Chrysaor issued shares will?
I'm not clear on that part anymore because as I understood the deal, all the new shares would have a lock in period of 6 - 12 months but now the discussion here makes it seem as though the creditors' shares won't have a lock-in period? Is that right?
My concern is that the creditors could dump 3bn shares on the market at 8am on April 1st and I don't see what incentive they have not to do that since they only took the shares option to avoid taking as big of a haircut on their dues from PMO.
A brilliant comment. One for the history books.
how is that for a comment
its not
2.927m barrels. Quite how this will support the near $10 fall in the oil price in the last week is unclear !!! OK to be honest I'm still in shock at the fall in the oil price and now the API report seems not to support it at all I'm totally baffled !!!
I think I will have a drink now.
just over ONE WEEK !!!! is totally astonishing. This makes this API report particularly interesting. I mean, to support the cratered oil price I assume we are looking for a build of what............ 12 million barrels plus. Anyone comment?? If this turns out to be a big draw then the price of oil is going to go near vertical up to $69 I presume?????? All very difficult!!!! Crazy !
just over ONE WEEK !!!! is totally astonishing. This makes this API report particularly interesting. I mean, to support the cratered oil price I assume we are looing for a build of what............ 12 million barrels plus. Anyone comment?? If this turns out to be a big draw then the price of oil is going to go near vertical up to $69 I presume?????? All very difficult!!!!
Shorts increased
support at $58 WTI broken. prognosis not good..
Well I just hope the SP wont crater with some 80% gap back to the levels before 2000
And myself, yesterday morning!
I guess we just have to be patient as I'm certain it'll come good at some point with Harbour.
Overreaction to worries about oversupply of crude/third wave of covid internationally and Brent getting ahead of itself too quickly?
I know your pain I did the same
Couldn’t make it up, I buy pmo and the oil price ****s itself
Thanks SK. I’ll try harder in the future.
I think You are talking through a hole in your Drawer's.... PMO are a "Top Drawer" Buy..!
Let's see how it pans out before imparting your expert advice..!
ATB.. GLA
FI
I have done the same with ig index. I have placed a buy order at 22p with an automatic close at 30p. I expect this trade to pay out at least 5 or 6 times over next 3 months.
Lse
I fully agree that new harbour is going to be a great share for 2021 and beyond but we need to prepare for a very bumpy ride from April-June. The share price is going to be up and down like a fiddler’s elbow for 2-3 months. Need to put the shares in bottom draw for a couple of months or get your traders hat on. I am going to be doing both.
Dust down your oxygen masks.... we are getting ready to scale great heights..!
GLA
Pearls
You are 100% wrong. It has been explain 100s of times how the shorts work, what they are for and that they will most probably close in early April when debt holders hand back some of the creditor shares to close shorts. No shorts burning and only obligation is to declare shorts as for all companies under FCA requirements. Nothing to do with merger or prospectus. No requirement to close shorts ahead of 29 March as PMO continues as same legal entity in April and beyond, with a name change and more shares in issue.
Shorts will continue to rise ahead of 29 March as debt holders sell their creditor shares ahead of receiving them on 1 April. Shorts have increased by 50m over last few weeks,
It could hit 22.5 and you still wouldn’t pull the trigger, I think your more of a spectator.
Burnt shorts ! The only ones with burnt shorts round here are us poor shareholders