Member Info for downbutnotout

i sold Tullow at 18.4p a few days ago to buy in here. no way am i selling PMO at 15p. i'll be holding until i see $41.50+ brent minimum!

we need oil to bounce and regain $31 WTI. i fear it will go to $30 first.

we need to see $30 then this f'ker can bounce.

a mild recession i'm not too worried about.

circuit breakers are on. US markets stop when they down 5%. if it gets to 20% then trading is halted for the rest of the day.

Saudis are all talk. 13m+ barrels per day supply can't be sustained for long time.

we need oil at $28-30 WTI. then pressure will be on Opec/Russia to get talking. maybe Trump too. threesome anyone?

hopefully 16.75p was bottom as posted by yours truly.

wrong board Ohmetoe. Tullow Oil (TLW) going to 14p. when Premier hits 30p i'll be out and back into Tullow at 13p.

$41.50 target for brent still alive. unlikely this week with just 1 full trading day. next week hopefully.

16.75p next.

nobody makes money at $30 oil. it won't last. short term pain. Trump not helping with ban on air travel from europe.

shake down to 17.5p to take out the weak.

oil holding $31 WTI. good upside from here!

Tullow Oil plc 2019 Q4 - Results - Earnings Call Presentation

https://seekingalpha.com/article/4331364-tullow-oil-plc-2019-q4-results-earnings-call-presentation

28p. easily done with the large % short in this stock. well oversold.

when brent gets to $41.50 these wll be in the 30s.

just think if an opec deal is a goer. wit 19%+ shorts in Premier that would be a short sequeeze like no other.

where WTI goes brent goes. $34.50 WTI is a resistance. if that breaks then $42 brent is game on. all it would take if for Russia to make public statement that they want to meet with opec again.

i think today's drop in oil is because of what Saudis said this morning about supplying over 13m per day and the US futures are down. almost all gains from yesterday lost. thats volatility for you. Vix is steady now but still high.

target for oil. test of WTI $34.50