Member Info for Auson

Tripod-Man,

1) It could be a hedge against say long FRES or Long Precious Metals

2) They could be shorting in concert with an suitor

Caitlin1,

Seems to have been telegraphed before hand so it could just be theater to save face, like the response to Soleimeni.

Leadership of Iran are fanatics, they don't care about economics or riches, they want martyrdom and 50 virgins.

The straits don't have to be closed to China or Russia to in order to hurt the West.

JMAX,

I would think its effectively closed for the west and Israel already, no one is going to provide insurance right now !

Back to the 60p range before long lse2000, thats why you are here after all.

Lse2000,

Seems like you are the one who must be 'in love ' with SFOR as you keep following and posting despite having no financial interest !

Lse2000,

What price did SFOR float.. answer it wasn't anywhere near 800p !

Ok fogthemogg. remember when you said things weren't going to kick off in the middle east

'SilverSpoons Posts: 996 Price: 154.50 No Opinion

Iran

16 Apr 2025 10:21

IMO the very high possibility of things kicking off in the middle east is the elephant in the room here. Shorters have two months top to clear their positions.'

'fogthemogg

Posted in: HBR

Posts: 1,023 Price: 155.50

No Opinion

RE: Iran16 Apr 2025 10:47

Sounds more like wishful thinking to me, as there are no other catalysts at present for much higher oil prices.'

Not sure why all the selling today ..anyone ??

Fogthemogg,

Gold is big part put HOC has always traded inline with the Silver price more than Gold. Not really sure your point as Gold is well over $3300 with high central bank demand and significant net long speculative positions.

Three tankers are reportedly on fire in the Gulf of Oman, with conflicting reports about the cause including a possible collision.

The incident occurs amid heightened tensions in the region, particularly between Israel and Iran, which has threatened to close the Strait of Hormuz

BTFATH1,

Or Friday sell off ? Managed to get another 20k shares at 12.86p just before the close.. crazy

update(1330et): there are reports that israeli strikes on iran have continued through friday, with the wsj reporting that up to two weeks of attacks could be coming.

"israel's operation against iran's nuclear program, military leadership and ****nal of missiles is nowhere near over, with israel having planned out 14 days of operations, a senior israeli official said," wsj writes.

"the likely duration of the campaign fits with analysts' expectations that a single wave of strikes wouldn't be able to do enough damage to iran's nuclear program and israel's comprehensive approach of attacking iran's facilities, leadership and ****nal at the same time to limit the possibility of a retaliatory strike," the report says.

israel is bracing for potential big counterattack, and yet clearly iran is struggling to even get its air defenses active in thwarting the israeli airstrikes. still, air defenses appear very active over the capital on friday.

LWHL,

Think I would wait a bit to see if the Middle East ignites

AIM,

I think thats what JPMorgan are thinking, I guess even the threat of Iranian retaliation would close the straights due to risk/ and impossibility of insuring cargos or vessels

'Oil Could Hit $130 In "Worst Case Scenario": JPMorgan'

You could be right Krakenoil, but I was assuming the buy order was given at the open price then was bid 12.96/ ask 12.99

2million share buy this morning 13.12p at 8.30 am marked as a sell

Krakenoil,

Traders started the week with very large short positions in oil, I don't know if they will have the firepower/ will or want to short it back down again. More likely margin calls and short covering will push Brent even higher than it should be !

Wildtiger,

Looks like you did make that extra 1p plus divi I was telling lse2000 about, but it took 1 week instead of the 1 day I suggested. Poor lse2000 is still completely lost, but you definitely get a well played from me, no one ever went broke banking a profit.