Member Info for FrankyS1971

Yeah that ll be it then. I ll come say hi when it hits 5p. You might all have got your heads out of your respective asses by then.

This is about the presidential election. Hugely damaging to trump and russia doing this as a proxy for iran and of course for themselves. Regime change in the US is the goal so no end until q4.

Quite wait until all the bankruptcies unemployment and recession truly hits. Metro are so toast.

You are a bell end. Seriously..its surging..its in the blue...told ya...bargain blah blah. Mug punter.

I might also add, Tullow have a bond for 650M maturing in 2 years at an eye popping 6.25%. They are going to have to raise cash in a severely depressed market to meet that liability. Yes its still 2 years away, but nonetheless the outlook is very poor.

Hedging is a good tool in terms of fixing the price they sell at, but demand has fallen off a cliff so there's a lot less to sell. There is a flood of cheap oil and less demand. It makes hedging tools nice to have but less useful right now.

Well I have kept a low profile lately as reasoned voices that dont create happy positive vibes get abused. Last autumn i warned that the metro price at 3 would go below 1 given the speed at which risk can move. I will warn you all with genuine intentions that the next phase of this downturn is the bad debt. The news here is going to turn ugly ugly ugly. I was waiting for 70p since last year but I won t buy. This will be 30-40p yet and I would get the hell out for now.

Jeez..you lot still banging on about big leaps up. It's just moronic x1000.
Oil will fall to 15-20$p.b. indebted businesses like Tullow are dead. This will take months to sort. And before I get accused of cramping etc I have been trying to warn you guys for months about this. Tullow will drop further as oil will go below 20!!

Actually they can theosus. It's why they are all in cash.

Wow. So months of an oil price war and enormous inventories with defaults everywhere worth ignoring then? Did an 8 yr old hack your account and write that?

PS the results are utterly irrelevant. The forward guidance and prospective chances of survival over the next 12 months is the only relevance. 17p is looking forward not back.

Exactly what business pays a 400% premium on the listed share price? Moronic and clueless so please don t **** your money up the wall as that's the mindset needed.

Sell for a small loss. This will halve again. And when it does I will categorically say I told you so.

Any Business with a black-hole that size has not been audited lawfully. EY will get fined and the world will move on. How companies get to report a string of lies is because the FCA don't ask difficult questions. Corruption only comes out when the market hits the skids sadly. I have noticed that Tullow, Metro, Acacia, NMC Health, Sirius get much more media attention than most firms and that sucks in small investors hoping for a bounce. The articles are often paid for by the shorters like ODEY who have made their money by clever tinstitutional theft of your money. Go for a spread of boring stocks and LT investments folks. Trading is a casino and all you pay for is the broker, their spread and their charges whilst taking all the risk. Very Evil and Greedy people who care nothing for you.

Please don t average down double down or white house down. It's a racing cert that oil is headed to comfortably below 30 p.b and none of us can trade in and out with pure guess work involved. If you thought 50p was good then 17p looks attractive. Imagine how 17p feels at 9p or 8p!!!!

They will be supportive until they digest the enormity of it and then will seek out a number of large ****s to jump on.

Should have held your shares in Barrick and just wait. They are well positioned if you want to earn.

I agree. It's embarassing. In October, I suggested "the risk profile of a bank can deteriorate rapidly when people start losing their jobs and can't pay their debts" Matlot talks about a correction as though he thinks there will be a bounce!!! You are deluding yourself to protect the truth that you have gambled a lot of hard earned money away. The correction is only just happening. This seismic shock to the market will lead ultimately to credit defaults, recession, job losses etc etc. Layer on top of that no strategy and unsettled management, fines from the FCA , zero interest rates and god knows what else. You couldn't come up with a riskier bank. I wouldn't touch this with a barge pole and have consistently warned against it. You think a quid is good value because it used to be 2. But you thought it was good value at 2 because it used to be 4. And 4 was good value cos it used to be 8. Well don't cry when you keep "averaging down" like a loser gambler and be left with 50p then 25p and then going...ohhhhh i was sooo unlucky...how can it be possible.... I hope a harsh email snaps you out of this bizarre state of moths to blue neon lights. Stop Gambling. You are very very likely to lose with metro. There is a long way down yet.

??? Are you having a laugh? get your red carpet out for $25 p.b...A bounce back simply won't happen. Why? Very very simple. 1. This is all about the American election which is in November. This is called an Oil War. It ain't going to change anytime soon. Russian will carry out a war and outlast other countries. It will have huge issues for the economy and Global producers and cause mayhem. Policy is not going to miraculously change,
2. Inventories are huge. Even if demand bounced back (highly unlikely as we are heading toward a likely L shaped recovery owing to virus.) Oil prices would only slowly recover until inventories run down.

Think longer term guys and then think if Tullow Prem Cairn etc can last out...I would be very very careful as i think by q4 there will be blood on carpet.

As I have said before many times. Buying in now is pointless as sp can happily have from here. Don t try catching a falling knife.