I'm with cash ferret, too many things to worry about over the weekend.
Usually for me that means a big lift on Monday.
That's why I'm crap at this.
All the best
On lse there are some very high sells, but very small buys.
Ordinarily the sp would drop significantly.
Anyone understand what might be happening?
Thanks for any replies
Nearly 2%
Ha ha
I was trying to buy some more but the spread is too wide.
Might try again in a bit.
I reckon had Pmo opened level this may have passed 7p, but the drop on Pmo, tullow and others may have stalled interested parties.
All the best
The time it took me to write last message it goes up 3%
Good luck all!!!
Hi bobster,
I presume you are Bob,
As said before it's been a great company to have shares with. The big guns are playing this to suit.
Eg The massive rise before the RNS was released etc.
This will come back strong but not when expected.
That's the thing when do you buy back in!!
All the best
Thankfully I completely cashed out yesterday following some good advice given here. I'm trying hur at the mo.
See what occurs
I was heavily involved with shares on 88e, most of you will know that they explore for oil in Alaska. The point is 8 months ago it seemed almost a cert that they would find it, possibly a billion barrels in quantity.
However some to be shared with pmo etc.
It was estimated if they found oil near to suggested quantity, bearing in mind giving 60% to pmo and whoever else, allowing 1 year plus to set up a platform to obtain 1 barrel and a pipeline to take it somewhere the sp on just finding it might have been 4-6p!!!
It achieved 1.48p at peak before drilling and found nothing commercial.
Your 6p share is ______ cheap!!
In my limited knowledge, I would have thought most companies are exposed to shorters?
3% seems small fry, pmo at one stage was about 20%.
Sorry if I'm wrong
I'm old and becoming very forgetful!!
Having read up on some recent history and without sounding like a ramper. I can't see why this share shouldn't be at least 11p. I thought other oilers had been harshly treated but that's a massive under statement here.
Let's see what a few days brings.
Ps first hour tomorrow should be interesting.
All the best
Hi Mazic,
I've been involved with Hur a few times at around 24p and 15p, lost money both times.
I mostly stick with Pmo, but having a rest from them at the mo.
I like the situation here, I truly hope everyone does well.
Time to beat the shorters and other market manipulators.
All the best every one.
Hi Mazic,
Thanks Mazic, that's helpful I hope things come good for everyone.
All the best
Dave
I've been absent for some time, just wondered if anyone knows of whether there is news on the permit for Lincoln Crestal?
Just looked back a month ago, brent was roughly 2 dollars less than today and our sp was in the 50's.
Obviously the current news is in a different place.
Hi Mr wood****1970,
I understand the tensions in South China sea and the possibility of Trump spitting his dummy out over trade relations but wouldn't see how oil may treble in price.
Would you explain that, I'm obviously not with it unless one assumes oil supply are main targets!!
Or have I just answered my own question?
Dbno
I hate to say this but clearly you were right and I was completely wrong.
Cost me more of a loss, probably not my last.
Thanks Mr wood****1970
That seems to explain the low volume of trades.
Wish I'd been part of odx a week ago.
All the best
I'm thinking 38P.
Hope to prove you wrong
Be careful
Maybe some blues on the way?
I've never been to Vegas!