Member Info for downbutnotout

a few buyers coming in hoping for a 10% bounce.

1m traded by 11:30 seem about avg at the moment.

no bounce today. very sad.

might get a v.good bounce from here if silver and gold price bounces strong. silver at 27.50 looks like a support area?

BIG push now Oliva. get under that $62 WTI!

it does though. maybe its psychological. perceived value being less. investors want to buy in cheap right to make a profit.

we are near the lows of yesterday now. 864p

you still own the same % of mcap if that makes sense. so your shares should be worth the same. thats the theory. but often share consolidations don't help shareholders.

650m traded now in 90 mins. quite high i think.

over half mil shares traded so far today. 2.5m was traded yesterday.

below the 20DMA now. downward pressure on the sp now. together with oil price dropping.

bouncing. off 865p now 868p

bought some back at 871p!

trading open now in WTI. $63.35 as i type. initial target is 62.30

not at all. there is always british bulls. that reminds me. let me check what was their call today! good grief its a SELL signal!!
"Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 20.8400, and our valid average selling price stands now at 20.5500".

silver and gold price off the highs seen earlier today but off the lows too. S&P up 1% of the low so maybe an ok open tomorrow.
the drop today seemed to track the S&P. basically falling up until around 2/3pm.

I see that they have priced it at 400p per share going off current sp of 20p per share. If they did 9 for 1 instead of 20 for 1 and say the SP went to 11p then the share would be sub £1 i.e. a penny share. that would kill the objective of the share consolidation.

remember QPP. after share consolidation the sp tanked.

If inflation soars what if the oil price doesn't rise much does that meaning the dividends or capital growth from oil stocks will be diminished somewhat vs other assett classes? could inflation lead to stagflation and the next recession. we all know what that does to the oil price..

Olivia trying to get back above 63 WTI.

i called the oil price movement quite well. got the top bang on yesterday. called 63 as 1st support got that. still time for regaining 63. market not closed yet. end of day close important.