Member Info for fogthemogg

Yes Auson, I wrote "at present", funnily enough things can and do change in life...Brent is still only a very modest $77 anyway :)

"Massive destruction in Soroka hospital in Israel, struck by an Iranian ballistic missile 👇

Hell will reign on the regime and Khamenei personally for targeting hospitals."

Israel has been bombing hospitals for 20 months and now they're crying because one of theirs got hit...Classic.

https://en.wikipedia.org/wiki/Attacks_on_health_facilities_during_the_Gaza_war

"There was definitely trading based on insider information."

Welcome to The London Stock Exchange. Thanks for playing 😊

Which other oilers in your portfolio made a similar % move in that duration?

Doucer, the move from 12p to 21p was obviously not driven by just oil was it? +25% Brent bounce from $60 doesn't make a near bagger.

Some of those responses are worthy of being framed.

"The number of silver ounces mined each year dwarfs the gold production."

@Roger, yes but an ounce of silver isn't worth the same as an ounce of gold is it? Current ratio is 91.

"Gold is big part put HOC has always traded inline with the Silver price more than Gold. Not really sure your point "

@Auson, if HOC trades in step with silver then why are we at 240p with silver at $37? HOC traded at similar levels when silver was $30ish, also hit 300p+ in 2020 when silver was lower still. I don't think natural resources is you forte is it? You've been whittering on about phantom oil shortages for years too on the BP, HBR and TLW boards. Maybe try utility companies or tracker funds instead?

@TheOracleofOmaha - thank you for your sensible reply and confirming my assertion that most of HOC's income derives from gold.

The spread is insane - new money for old rope.

Took a cheeky slurp in the auction.

What gremlins do Tullow's suitors keep finding to walk 🤔

5m volume already, Anton and Bugsy probably topped up yesterday at 21p 😂

Flavius, Iran only exports 2m bpd and it's nearly all to China.

HOC is more of a gold play though these days isn't it...

Fat finger trade on silver? 🤭

"And it'll still easily double from here."

Then it will be back to where it was last year when you said it would double from there 😂

So, only need +300% more from here and then you might have been right all along!

"Now let's give Tehran a taste of there own medicine #Israel"

Israel killed more civilians today at a single aid point in Gaza than Iran has over the last 5 days...

"The shorters got a bit too greedy with this one…! Should have taken their profits and run when it was 12p. I’ve always thought shorting a share is a dangerous game."

The fact that it's gone from 13p to 21p since the end of May should be a clue...Can you not put 2 and 2 together?

Glenda on track to win Crufts again. Woof woof!

Hi Rookie, why should Brent be over $80? Thus far, these strikes haven't had any discernible impact on global oil supply...It's just momentum algos bidding oil up to then take profits.

Iran blockading the Strait of Hormuz or other countries piling in may of course change that.

"Looks like the most unhappy on here are are just in this for short term gains, just sayin"

Have a look a the long-term BP chart and tell me that people are being impatient...

Nearly 6m volume already, smells like a continuation of short covering.