Member Info for FunkySausage

TD is unfortunately looking after number 1

I was short and closed today early on and went long, and I will go short again when I feel its the right time, i posted on the board before the half year results saying i was short, im just being realistic about the future mate, as for getting in lower, how much lower do you think you could get in before the RI is announced ? Gees shes been slammed for weeks, POO falls.of a cliff for days and she didn't tank any more, DBNO, ferret stacked em up as well and a few others been calling this the bottom for days, im a believer, thats why I went long, I see some profot if im lucky

And im now up 800 quid on my long today, hope she gets to 25 - 30p pre RI and then I will short her to death again

I remember before the half year I was accused of wanting the SP to be lower for entry when I was shorting her to death and building my postion while we were in the holding pattern, I called the RI announcement and the disaster of the half report and I had declared I was short before the announcements and was completey mugged of for it, i didn't rub it in like most would and have only ever produced a balanced opinion, i will not blatanty ramp and deramp, regardless of my position, I will though offer my opinions and true thoughts

Demand is low, Peak oil has arrived, the market has changed, Saudis and Russia moving for lower profits and higher volume, for this to happen oil wont have much of a rise until the big boys have decided they have enough narket share to allow shale to reopen

Supply lines are still fragile and alot raw materials are still in short supply, this all hits growth and production hard, a.few of my builder mates were complaining a few weeks ago plaster was 20 quid a bag, my health and safety friends that work on building sites say its one crew in at a time, massively reducing productivity and finishing times.

My wofe is preggers, been trying to buy a pram we want while.country sold.out, we bought a wardrobe for the babies room 4 weeks ago, still no delivery and we get fobbed off

Tourism was down 97% this year, mass vaccinations not slated unt mid next year, until this is done flights will not recover, RR says flights won't return until pre covid levels until 2024/25, im guessing their factoring the recession that will start to show once all the stimulus and furloughs unwind

All this affects oil massively

RI

Anyone that thinks any company can triple their share base and think the shares will go up are delusional, also for the ones that think it cant be lower than 12.5p well sorry your off your trollies as well, there will be a share consolidation first to remove this barrier, any pricing 10p or above will be a good job done for the company.

SP Theres a good chance that this will rise once the RI is announced, institutions and funds will take positions and also hedge, todays rise was quite unexpected considering the slaughter in the oil price, although to be fair was to be expected as Olivia seemed had gotten ahead of herself with the recent hurricane etc, a reduction was all but expected, but uet the FTSE and the oilers seemed to mange to go on a heater some how, strange game sometimes.

Overall were still F***** until mid next year minimum, welcome to the new world

Funky

RI hasn't been announced yet, hope that helps

SK

Don't listen to the idiots

RI

Most likely a MM/fund rise will be made for positions

Due to the size of the beast there's zero chance of a RI being higher than the SP

Shorts must be a tad worried at todays move up

shes on a heater today, looks.like the announcement will be soon, big trades taking positions, bring it on, funny day for oilers overall

If mass vaccinations aren't done until 2021, 6 months in, the summer will be lost again, my wife's buisness is directly outside a top London museum, were closed until Christmas minimum, most likely Easter, we have had quite a lot of debates about next year with ourselves and our friends who also own local tourist buisness and tour leaders who bring groups over, we are a well respected buisness that has been family run from the 1970s, we all expected next year to be ok, but the vaccine was slated at being ready previously for NY- Easter, this new pushed forward date will effectively wipe out next season for us as well, this is quite issue for us, we only budgeted to Easter and we will struggle overall to manage to keep our lives together if we do lose next year, the wife worked at the reopening amd took a whooping £13.50, didnt cover travel costs, let alone rent power stock wages etc

$ took her down

Jesus, I hope u wasn't long brutal drop

Stolen from Oxford lol

Atleast the Russians are testing it for us

yesterday's close was close to closing above support,
hasnt broke resistance until it closes above imo

Will most likely be a lot lower than 12.5p or 15p

They wil have to consolidate to be able to to do a RI this big, the share register will most likely triple

Once the 3mil churn is over, should be back to the party

Zama was decent, just not now that the Mexicans changed the law and strong armed the resource

Goodman

Maybe learn to take a loss

Yes let's all be blind sheep and all follow over the cliff, these boards are for debate not for out n out ramping

Neon must be doing his bollocls here to constantly post articles that say a 1 - 3 RI will be good for investors

It isnt about Jam tommorow m8, its about now and the next few weeks

cmon oilivia Do it, smash it, there's a good girl

Someone's got to until DBNO gets up)

Whos buying more like, where did these 3 1million end up, also there was 1 further 1 purchsed earlier in the day at 23p

Question is, was PMO just pushed low for a short burn ? If she was, she could rally from here for a bit, if not, where does the RI lrice fall into all of this.

Massive support between the low of 21.39 and resistance at 26pish

We will see tommorow