Member Info for Coldjoe

Tide will turn soon hopefully, meanwhile we can kill some time by whining mate

All oilers will close blue, while we do -3% minimum

Feel your pain mate, I would have been at least 2x more up on any other oil stock maybe besides BP, Shell and HUR hah, time will tell if we are stupid for being here

Agree

On the positive side, one would assume that our seller and all the fed up people will sell on this dive and then we can maybe move up in July

True, but for example shell reduced their dividends and will probably post a loss, what did RRE do negative and while are we trading at half cash with no value added to our assets? All oilers should not move the same

I agree with you mate, there is something negative that we are not seeing, market is almost always right. I bought this with intention to hold to the year end so I will stick with it but there definitely seems to be better performing stock if you are a trader. If we get back to £14 till the year end I will be disappointed but not ****ed off....

Obviously one would expect more but RRE is either unloved or we are missing something negative besides decommissioning, I hope I’m proved wrong and we go to some sensible levels, still can’t believe I would make 100% on PMO while I’m 20% in here, hilarious

Oh well I guess we have to accept that we will go down more than others and go up less but I reckon we will see minimum £14 this year + chance for acquisition

Hah, if only we would go up as easily as we go down, well I have to admit that I wish I sold at 1360 and bought back now, where is Cpt. Hindsight when you need him!

I still find it really weird how we get consistent selling in small 3-5k amounts and the occasional 10-14k, in the past 3 weeks I was always able to dump 3500 shares in one go...

Hmm not really sure if “profit taking” after 5% with this spread is really the reason, but then again something must be for this daily selling charade

Hmm if even cashless and indebted company such as i3e is doing acquisitions, then ours must be on the way surely...

https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Hit-50-Before-The-End-Of-The-Year.html

Tbh most of the oil stocks are down today, only PMO is unstoppable, i find it ridiculous that we move down with the rest although we didn’t rise as much but hey hou, if we move £1 every months then that’s still pretty good

This selling can’t last forever... hopefully

Where is some volume lol

Logically it should happen cuz we didn’t have one over a year, we have the cash which is getting depreciated by the day on our account and there appears to be plenty of opportunities in the NS (from Exxon, BP and many others) maybe the current extreme frustration will be rewarded, maybe not what do I know

Good luck to you mate, I’m hoping for acquisition this year so I’m staying put but if it doesn’t happen then you will probably do better elsewhere... I would have been around 100% up if I bought TLW or PMO at the same time like RRE, while I’m around 20%+ in here....

Maybe there is no conspiracy, could be just bored Pi’s selling because brent is up and the likes of PMO on highest sp since covid while we haven’t moved much, joke really