Member Info for downbutnotout

i think Tullow could rise alot after this constant drip drip sell everyday. alot of the weak holders will have sold up by now. and on any good news could be buying back in when FOMO kicks in. isn't that right Dodger?

everything is down. Trump may want to push phase 1 part of US/China trade deal until after election. futures down.

the volume today is v.low. 133p ffs, a black friday sale if ever i saw one.

oil stocks were the best risers yesterday in US trading. reverse gear today :(

we need some jawboning from OPEC to get the oil price moving back up.

Kyazze told Reuters a formal announcement would likely be made in coming days but that the agreement “untangles all issues that stalled and failed the deal, high on it are the taxes, who pays those taxes and how and when should those taxes be paid.”

a catalyst for SP to recover more?

147k shares at 136.60p. looking good.

https://ukinvestormagazine.co.uk/tullow-oil-shares-receive-boost-on-ugandan-green-light/

https://finance.yahoo.com/news/azvalor-asset-management-comments-tullow-211747060.html

this article dated 18-sep thinks SP is/was priced as if crude was trading at $45 and staying there for some time. oil price nicely above that level today.

u mean 568 not 168 Darkelf

FRES may struggle to get above 575p. it got a british bulls buy signal on Friday.

you sold too soon at Tullow Oil (TLW). V-shape bounce this morning. new uptrend imo.

still way short of 211p target.

https://www.proactiveinvestors.co.uk/companies/news/908165/city-downgrade-actually-shows-silver-lining-for-tullow-oil-as-share-sell-off-is-said-to-be-overdone-908165.html

lots of big buys coming in this morning. i've seen several over 50k shares.

https://observer.ug/businessnews/62799-uganda-expects-3-5bn-oil-investment-deal-by-january

"That is because Tullow Oil agreed to sell some of its stake for $900 million as part of its contribution to the capital costs during the oil development project."

https://www.youtube.com/watch?v=HgzGwKwLmgM

i hope this isn't just a Monday morning spike. this is why don't sell on a Friday.

nice rise. this is what often happens after 3 down days. but we've had drops day after day.

Tullow has been trading as high as 221p in the last month. very little resistance above current price. 131p bottom in for now.

now fill that gap. 205p!!

136.30p new support? well done.