Member Info for downbutnotout

SK why are you here i thought you sold out.

brent target $42

Saudis no way can produce 13m+. they are bluffing. they take oil from stock pile.

brent just touched $39.50, not too shabby when S&P 500 futures are down 2%.

if a shale business goes bust under the weight of its debt won't the producing assets get bought out from the liquidator and then you have a new oil co. with no debt! still producing... and a leaner debt free industry. don't think the Russians have thought about that one.

i love you too cottso92.

i hope those wanting 19p end up paying 29p. no way will this stay in the 20s if brent hits $42

for $42 brent? over next few trading sessions. so by end of this week. i'd expect to see a little consolidation after today's oil price rise before the next leg up! its up 8% today?

target for brent is $42

brent $40 by open tomorrow hopefully!

i remember not buying at 75p about 6 months ago. missed op. it rose in the run up to xmas to over £1.

i thought 46p was a distant possibility a week or so ago.

never thought i would be buying at 25p. i took a big hit at Tullow Oil so my avg really much higher than that.

PMO is more geared to oil price than Tullow i think. when oil price fell, Premier fell more than Tullow. so bounce when it comes should be bigger.

oil price is now higher than this morning when SP was 33p. it closed at 23p. go figure!

have people been robbed here?

oil price rising now after LSE close. the yanks pushed the oil price down and bought in cheap.

V-shape bounce. regained 23p support. go on Permier!

bugger. dropped 2p after i bought

50,000 @ 25p yes sir!

testing the $34 WTI resistance. SP 30p. is this as good as it gets today?... 27p target today.

27p may give support. below that anyones guess.

to supply 12.3m 300k above max sustained capacity from April. price war in full swing.

be careful. alot of downside here if oil doesn't breakout. resistance at $34 WTI.

23p initial target. then 16p.

Trump will do a deal with SA and Russia. global co-ordination. biggest cartel ever!

i don't hold PMO but am holding Tullow (TLW).

its red now. bugger