Member Info for Coldjoe

What did I say about ******s selling all the time in this company... it’s not even good company to trade with huge spread most of the time...

I understand selling on say £13 and buying in lower, fair enough but who the **** sells under £11 with brent at 38$ is beyond me... why buy into RRE in the first place?

Hm not sure mate, say SQZ has smaller volumes but moves good, obviously it’s mostly gas play but still... it all comes down to idiots selling here all the time and panicking with every drop

Btw I bet VOG has been a much better investment than RRE so far hihi

It’s alright mate i will just hold until it will be clear if we are wrong or the market is, even dog shares have their days, either way at least we don’t have to worry to not be able to pay our debts...

This company was first established in 2016 with oil price under $30 and their whole business model is to be profitable with low oil price, yet you reckon we are loss making under $50? Mate... anyway it’s funny that if i would have bought heavily indebted companies like PMO or TLW i would be in much better profit... oh the irony

Meanwhile oil nosediving again.... -10% Friday anyone?:D

I reckon it’s gonna be gas asset for sure as AA said and it’s only a matter of time, plenty of asset for sale... https://oilprice.com/Energy/Crude-Oil/Asian-Buyers-Are-Scooping-Up-Dirt-Cheap-Oil-Assets.html

Hihi i hope it doesn’t but if it does good for you mate! I hope brent won’t go below $35 so we are still making some tidy profit as a company. Either way I have to say i did not expect this on Monday:D

Or another -10% that would be a ****ing joke wouldn’t it?

Meanwhile yesterday Apple was on all time high and Tesla the most valuable auto company in the world, funny times

Yep same here... it’s just ridiculous, for example TLW and PMO both do almost 50% up on Friday and Monday and went about -10% today both heavily in debt, while we do 15% up but -13% today... i don’t know who is selling this at these levels... seriously

I’m happy to wait, the only thing i find really annoying about this share is that we don’t go up as much as other oilers but when we go down....oh boy

Nice sell off! Amazing how the overall sentiment can change since Monday! Crazy times

Agreed, I wouldn’t even mind some smaller deal, but would be nice to use the cash

Oil acquisition unlikely but gas why not? Surely better than having all that money in the account devalued over time?

Iam holding mate and just smiling at the drops, we might go down further if brent goes to $35 and yes waiting for that RNS!

Wish it would be as easy to go up as it is to go down :D

Nah mate £10 tomorrow weeee:D

Not sure about that mate but either way it’s nice to consolidate higher, last time we were stuck at £10 and moved eventually...