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Thanks Dodger 16.
Just recently this share has become very un predictable.
If oil goes down in the next few hours this may move up 5% or more, its like a roulette wheel.
My gut tells me that the big guys are playing it to their call.
I've enjoyed this share for a long time now it's recovered a lot of my other mistakes.
The cash ferret.
Thanks for your advice yesterday, you saved me from a further loss.
If true to usual form this share should have risen, but clearly hasn't.
Nice one, I'm 75% cash and fluctuate from 0 to 50% in the last few months.
I'm only a novice, and read the markets wrong more than correctly which has spoiled a number of opportunities.
Ultimately I realise anything can happen hence retaining 50% plus for that day.
All the best
So to be clear you are shorting on all your shares.
SK
I thought you had sold out?
Why are you still worried?
Stick with Tullow
All the best
The motley fool were advising to buy about 3 weeks ago. A week after they advised sell.
The clue is in their name.
Me being a sado paid them a years subscription!!
I should have known better.
I bet the other way, as per my earlier post. Not what I expected, back to school for me.
I reckon the oil price will pass 45 mark after our market closes.
Sorry
Maverick
Hi Maveric
I see your point, I'm just thinking a good api tonight and eia tomorrow, some more positivity on corona and who knows.
I love this share.
All the best
I agree that transparency will help, however the sp went to 55p with exactly the same current prospect.
Basically this can go high or low depending possibly on the big players moving in or out.
I load up when cheap and release on high.
I try to hold 50% at all times but not always.
I think there should be a good result tonight!!
All the best
SK,
Pmo have invested a serious amount of money to get this deal done.
An expensive court case, a special deal with Armco, and more besides.
Renegotiates a new cheap deal with BP.
Form last week to this week nothing was going to change that unless the world's oil market completely collapse.
Its great having balanced posts
All the best
SK,
You said you bought back in last week Thursday?
Nothing has changed with the direction of Pmo since Thursday
Sorry Ak57
I think stealmywife has spent a lot of time and effort to try to simplify some issues that were un clear.
I for one have a lot more confidence going forward.
Great posts
I reckon it's as clear as daylight.
Great posts.
Hi Krakenoil,
I fully agree with your view on RI etc.
We also share a view that is obvious to us which is not shared by all others.
Oil is definitely going to go up in the near term!!
All the producing countries are magnetised into achieving that goal.
They all need the money generated from that goal.
Most of the influential money people quote oil prices up by X %.
I believe they are far short of the real percentages.
Go for a beer or have a hair cut, are you paying the same as in February?
65 dollars for oil in 6 months?
More likely 80+dollars.
Thanks to steal my wife!
So if I've read this right!
There won't be a dilution of shares! The deal is already done and dusted!
I thought that at the time but didn't trust my gut when reading other posts suggesting RI etc.
Thanks for the clarification
Well cash ferret at least you are honest, I nearly bailed out but my loss would have been much greater.
I came in too high, and I probably will have to average down next week if it doesn't go up.
I'm not really confident in owning too higher a percentage as anything could still happen.
But let's see what happens.
Timing is everything and my timing was crap. Tuesdays events caught me out.
All the best every one