Member Info for Cheapsharesboy

Disgusting low ball offer. Good if you bought under 700p but otherwise rubbish imo

Sp end of day tomorrow.

So there is the share news. SFO has charged Unaoil and court date set for next month. Still no charges against Petrofac? They will follow 6 months later I suppose. How significant I have no idea? Looks like someone was in the know thus recent sp slump.

I think we might even see the pathetic 350p but I'm only hoping for a sale!

I was down 50% in ig index. Yet got out with 20% profit. The sp crashed from £9 to 4.50 but recovered in a year. With pfc its only recovered a little and update was poor today. Why is net debt up? This is weird it shouldbe down. Also oil at over $70 the sp sucks. So I sold a big chunk today at 532p leaving average profit of 20% after selimg prev at 597 and 581. Only got 3000 shares left in my sipp. ISA I've cashed in. Maybe I'm wrong and now it'll rise but after holding over a year I thought it should have recovered. I hope holders still make big profits so good luck.

I hope it gaps up tomorrow with a good update.
Otherwise this looks dreadful.

Re-run??? How about reading the news more carefully before making such comments ?

Well I decided not to sell because trading update is due Tuesday 26th.
I’m might hold a lot, lot longer if this creeps up over 600p.

Opec and Russia will boost production. And USA will become number 1 soon.
Oil is heading down big time soon. I’ve sold 40% of my holdings in Pfc at 597 and 581p. Rest will go tomorrow.
Could have made a lot more, but average of 471p, I’m still reasonably happy. Good luck to those holding.
I know Pfc can go to £10 if SFO enquiry disappears but I’m not in the know so I’m done here.

Pfc holding relatively well. I’m holding.

Not looking good. My forecast is an instant fail unfortunately. I’ll wait till lunch and if I should sell. Difficult decision.

It looks like the Dow may just hold 25k, Pfc may hold this 545p area, oil cap may remain in place. There could be a strong bounce from here. I feel like there will be 2nd attempt at 660p. Good contract news would certainly help. If Dow holds here, it should also re-attempt the high of 26600ish. Then there is a double top and new highs to...Dow 30K? The downside scenario is bad with Dow down, oil down, poor contract news-flow. But I feel like the upside will prevail for the short term from here. That said I did sell at 597p and 582p, shedding 40% of my overexposed holdings. Average of 472p, I’m happy, but ready to sell if downside seems to win. But I’m of the opinion that we will see bounce from here on both Dow and PFC.

Oil normal range $45? Lol in your dreams maybe. In reality it sticks better around 70s - 80s. Check the charts. Go back last 10 years it might help.

Abz your posts bore me to death, give it a rest will you

AQR is reducing. They the big boys from a 5% short down to 1.6% now. Once AQR has fully exited its short, i am expecting good news. The other shorts are increasing but they are little punts compared to AQR who shorted before the bad news. The rest followed after which means they are under water.

Waste of time to hold since bad news may come and down we go? Equally I can say - one bit of good news and up up we go. Stop being so single minded simpleton. It all depends on news flow and oil price - are you are prophet?

That sell of the rise just so pathetic

586p Good news ???

What's going on ??

So that was the latest reason for another sp drop.