Member Info for Ashstash89

Let’s be real...all data suggests red day

GG, you say that it’s hardly worth debating with someone that can’t spell simple words, then you go on to debate. You are a real antithesis aren’t you?

I concur also. You come on here and state your views, which is absolutely fine, but what is your motive. Are you a shareholder or just someone that wants to discuss TLW for no particular reason? It’s very strange. Regardless of whether you’re right or not, your points are quite irrelevant. If you’re trying to get people to sell then you might as well just say it. You’re directly indirect. On a side note, as you can see the SP isn’t tanking and yes things are troublesome, but recovery is not exactly off the table. Oil is a basic necessity, surely that means there will forever be demand. TLW just happen to be one of those that can supply. If it takes 1 year, 2 years or even 3 years to increase in price, it’s a winner. So all your talk is actually ‘hopium’ if you think the SP will tank to the ground.

I agree jetboy. I think we are going to be waiting between 4-8 weeks before we see consistency and market confidence. There may even be another negative run in between. This is just being realistic. I don't want it to happen, I hope I'm wrong.

The volume has been low for weeks. I think this is what's holding things up. But on the plus, it's still in a stable range, ready to shoot up.

Haha Laidback is back on the positive side??? WoW! As for GG, I must say, it you think it's risky then why bother with your back and forth. I don't think there's a single share ever that isn't risky to a certain extent. TLW has every chance of benefiting from the changing demand for oil. Patience is key here.

Mav, are you swing trading?

Surprising in what way? Good or bad? I expected it to shoot up. I know many folks that have lost their jobs.

As for TWL. As expected it’s not moving. Low volume, low confidence and shorts holding it back. We continue to wait. I’m happy with the stability however. I’ve seen other sectors face wild volatility. We just need consistent positive days and that goes to the entire market

TWL isn’t moving anywhere fast just yet. Patience is the key. I can’t see this hitting 30p for 1-2 months. Too much negative data and lack of investor confidence

As a holder, I agree. I’ve been saying this for a while. The SP needs to actually have a consistent run of positive days, which will reflect genuine confidence in investors. It’s too early to say. No V shaped recovery here. The major players know what’s real. We got to start being realistic, instead of painting dreams.

Atm, what's realistic is that we're not heading to 20p or teens and we're not heading for 30p+. The oil market is a mess, but slowly picking up, but the SP is not that strongly correlated, especially when there's still uncertainty among the key investors.

Laidback trades swings, but he said he previously bought at 140p, so obviously took a hit somewhere. He bought in again and may have profited and now wants it to fall again. I guess he's just constantly expressing this. No big deal, at the end of the day, smart investors will ignore him and also just ignore the daily prices really. There's so many unrealistic posters on here. It's one thing being positive or negative and it's another just being realistic and posting useful info, or giving a rational opinion

I feel like all those screaming 30p this week, need to realise that the SP is so back and forth. I hope it gets there, but I feel that so many traders are playing the swings with this one and limiting the push upwards

It’s not going to breach 26p just yet. Needs sustainability via more oil price recovery, etc

We know that there’s not a whole heap of correlation going on right now between the SP and Brent, because other factors are clearly the paying a part.

However, no way it’s hitting 20p this week. If it does I’ll give laidback my home

Looks like bleak news. I hope this has already been priced

I personally feel that there's absolutely nothing to worry about with this. Take each day as it is. Today is bad news. We will get a period of sustained good news and see this rise.

Come on Maverick. Let's be realistic in the short term. There may be a few good spurts, but until we genuinely break 30s, nothing is happening. I don't think it will hit 30p this month. Perhaps in June when economic movement really begins. The fundamentals are out the window in the short term.

Johnk, it's not about being positive or negative, it's about being realistic. If you read the news, do your own research etc, you would notice that markets are lacking in confidence. I want blue days every day on this share, but I'm just judging by the data and info I have.

Johnk be realistic mate. It’s unlikely to be a blue day.

It’s funny on here. People either ramp or de-ramp for no reason.

Precisely. The article he posted, was published 28th April hahaha.