For what its worth I'm not buying any of that. I've noticed on Oilprice.com sometimes the headline says oil set to fall on something or other and its up 2 or 3% or it says Oil due to rise due to something else and its down 2- 3% An oil engineer whos worked in Saudi says they cannot keep up the level of production and they will have damaged the wells unless they have released reserves and called it production ( all on Trumps request )
Re the FLYB board do you mean the rampers ordering Porsches or the derampers who already say they own them ? Are you in/ out or indifferent on that one btw ?
As I said in the course of the bet the $125 a Barrel was not my prediction, it was from an 'expert' One who I have checked out and respect as he as consistently called it correctly for quite sometime unlike the other so called 'experts' who seem to get it about 100% wrong. Just curious how have you taken profits today was your average below 72 ? If so well done All the best
Its a premium to the price on the day of the announcement that they were up for sale. Its up to you but those are just my thoughts. One fund already completely bailed on Fridays rise Aberforth, UBS, HSBC all out too Watch for Standard Life selling out also.
Or perhaps not mate I started buying Flyb on the drop at 15.85. The 50% rise today was most welcome to me. I can't say I would but in now though. The 500k trade at 72 you mentioned was that on L2 and still not shown ?
Not so sure about that RNS from Virgin just now, I know they might want to poor cold water on it but the 'enhanced commercial arrangements' bit is intriguing in a bad way. 50% up an I ammmm oooott !