Member Info for Dodger16

Out again. Need to do some work!

What recent gains! Its still down for the day - Jesus wept DBNO

Are you doing something strange with a candle? I think you are on the wrongs boards mate....

Would be nice - I got in again at 71.9.

Sold at 73p after buying yesterday at 75.6

I would like to think they would sell it but I bet they don't.....

Problem right now sankeys is oil going up doesn't drive SP up with it. Everyone waiting on OPEC deal.
They need some news here....

Yes - inverted head and shoulders playing out.

But now I just wash my hair and go......

My first post on LSE was met with an angry members response - I was complaining about being worried with my 35p average though......

I don't mind members - other than he could get out of his predicament doing a few blue chip trades......

It is the debt mate. Expectations were they will overpay (its now dropping to lower end). The affect on EBIT is huge also as every $1 we are losing right now was going straight to bottom line - annualised every $1 lost is about $15-16m of EBIT gone on the 60% production. $12 lost from high of $74.....

Cash - lost about 2.5% which is nothing for a bad trade.

Do you feel like the scenario is oil dropping in advance of OPEC meeting then will rise after agreement? That aside I feel like 60s is inevitable, not low 60s because I do believe the improved hedging will create a new floor.

There was just too much geopolitics driving the rise to $70+ with no fundamentals support (no draws).

Im out again. Dont trust api or eia to give anything positive, media is bought also. Will revisit if 60s come...

Cheers for posting, good read. Im in for now, 60s, maybe. 90s definitely....

Api build tomorrow confirmed by eia and its lows 60s for pmo. I prefer pmo down here. Hate it over 80 due to enormous downside risk.

Seems like a decent chap Owls.

I have days Mrd where I wonder if you ever had a penny in PMO.

Good job they hedged more production! It does always seem like PMO gets hit. My 1.5p buffer now gone. If it hits 74p I will be out.

There is still time in the day - yanks opened up nicely.

Ok you did - might not be the bottom though - Brent seems stuck, not sure if I want to hold through more fiction (API and EIA) either.

I sold up at just over 77.
Already back in. Got offered 76.2 for £75k so bought in 3 lots getting 75.6. Makes a big diff to a trader, HL deal cost is only £5.95 so why not. Buying in one lot would have cost me 500 shares.

WTF are you on about? DO I have to read your garbage here all week?

This is pmo;)

Brent might be on its arse by 8:00am....