Member Info for fogthemogg

Dead money for another 6 months as they'll be no rate cut in May either probably. Gold heading back to $1980, where it was before December's FOMC, silver's already lower than that level.

"' We've all done it'.......speak for yourself. :) "

Yes JMAX, you're the only investor in history who's NEVER panic sold or impulsively bought. Even the greats have admitted to doing so in the past...

Why do you keep banging on about allegedly selling at 39p? Is that your claim to fame here, and the only profitable trade you've ever made? Tullow often pings around in a 10p range, this isn't a state secret....That's precisely why it works as a trading stock and attracts speculators.

You were on the Fresnillo board exclaiming how 650p was such a bargain (at 20x earnings no less), only for it to collapse another 25% plus...Presumably that one more than offset your Tullow 'blockbuster winnings'? 😂

"Anton, panick selling and buying is just silly, it is not a recognised investment strategy."

Of course it's not a strategy. but we've all done it...

Andoman, shall we get back to the 50-60p range before talking about 2 quid?

Standard Chartered said exactly the same thing last year, but the low didn't come until March and oil didn't really take-off and hold gains until July. As it does most years, let's see...

This is all with gold still above $2,000/oz...

Just before Hamas attack in October, gold was around $1,800. Imagine if a ceasefire and dialling back of rate cut expectations send gold back to those levels 🥵

FTSE 100 is not a serious place to build wealth over the years, either trade it or like most international investors, just avoid it altogether.

"I don't want to be drawn into bickering with id i ots."

Then you came to the worst place on the internet haha.

USD/MXN is definitely a factor here but this year's collapse (again) is not positively correlated with that pairing, peso has even weakened a tad in 2024.

Nitro's been bagholding this from 450p, so has to maintain the hopium which can come across rather unhinged 😂

Could have got it for 29p a few days ago but this is a decent entry point for your first tranche.

"Remember Stupmy's agenda is to see this crash"

Nitro I'm pretty sure HBR has already crashed.

Hardboy, nice analogy but some stocks have a funny habit of retracing back/moving up to key historical levels...They are after all, for the most part, bought and sold by algos.

Of course it gives back half its gains from yesterday, it's the f'ing FTSE!

Amazing? Really? I'd rather it goes back to 3,800p...

I think the worm has finally turned. Wouldn't mind another nibble around 2,400p if we trace back a little though. This is a FTSE name after all, they do struggle to hold gains...

Tullow was one of the few green spots on my screener today. Cheers to that 🍺

Nitro, haven't you and some others been in and out of HBR long enough to know better?

Many were here when it was at 450p-600p, and this board was peppered with posts saying how 'crazy undervalued' HBR was at 400p. It's the same old game being played here.

Looking dead and buried here.

The four most dangerous words in investing:

"This time it's different"

To be fair, most of 2024's drop is not Tullow specific.

Traders are dialling back rate cut expectations and this has sent most natural resources stocks south. The more speculative ones like TLW have taken an extra beating.