Member Info for FunkySausage

Its a harsh learning curve in this game, have won n lost chunks, chasing that rainbow can be dangerous sometimes, for me it always seem to hit me hard when I am super confident and feel indestructible, and then boom lose a massive lump somewhere

Dems de Breaks

Mostly the information is contained within the RNS, reading them correctly can be difficult, ive had my fair share of miss reads, but this should be your focus of what can achieved for the company, broker targets and website write ups can offer direction and assessments of future targets and share price, the best way is to read everything and then take some time to analyse and to come to your own conclusion, watching a share and sector over months and years will give you a massive advantage, you will notice short and long term opportunities when they arise, acting on them can be harder to do, for some reason I used to know what to do but not do it, I guess from being indecisive, my brain rotated to many buts and ifs, personally i like to move on first thoughts, again for some reason they seem to be 80% correct ( day/weekly trading )

We are still in the ends of a cycle, while most would say we have recovered to a v shape recovery, the smart money apprently belive the biggest bust is still to come, investing should come with a severe wealth warning, these bstards strip us daily for chunks and leave mamy off us a hell of a lot poorer

Its a tough game, corporate is brutal, there's many tricks in this game and unfortunately retail like us are normally last know whats happening

A bit of topic, no reporting me this time )
Funky

Olive branch

Your broker would offer you new shares to participate in a placing if and when there is one, they are not free so raiding the piggy bank and searching between the cushions on the couch might come into it, if you don't take up your allocation you will be diluted, alternatively if you believe that there will be a equity raise and know roughly when, you could sell and buy back later at the issue price

Good luck whichever position you choose

oilprice.com/Energy/Energy-General/What-Will-It-Take-For-Oil-Prices-To-Break-Out.html

A good article for the intrested

Krakenoil

Once the offshore drilling picks up on rig count look at Transocean RIG

If they have sorted their finances out it could be a winner

Alot of the US oilers look safe and cheap

DYOR, any comments are not advice and you are responsible for your own investments, any comments should not be taken as investment advice

Funky

I didnt say I wanted Brent high, all I sated is the variables that could move oil significantly.

I went long on Friday as their looked a anomaly on price and closed just before close, I said at the time about it.

I'm not going mad long here until after the results, better to see what way it wants to go first, better to be in cash for now unless there's a good opportunity to be found

Happy to day trade until then

Good luck

Funky

So far no sight of those elusive 2mill barrels from opec

Iran and US could develop over the weekend

Turkey and France could also be another flash point, although I would expect restraint, just twats posturing

I'm surprised oil hasn't even budged, guess the overhang is still considerable.

Normally on these type of geopolitical incidents oil moves considerable

Wondering what Monday will hold

Yea but beginning to flat line now, once the uptick starts, thats it, the beginning

Nice pullback today, back in range

The 45$ level is a little bit high atm imo tbf, we need DBNO input for this really, he is the boards master of oil pricing

Not with the Iranians now in play

I soubt a blue day coz the ftse has fallen so much, but it shouldn't be as painful as it was a few hrs ago

So you going allin then Kraken ?

Sorry, should have said for the day, overall I agree with your stance

No helping DumbnDumberDave

Looks over sold today, bots all over it atm

Heater = Hot

Trump and Iran

Could send oil on a heater over the weekend

PMO holding well today against other oilers

No issues selling offtake agreements with Glencore on the board

Can't wait for this to start producing news, so much to come

Anything at 4.30p and above is a buy

Anything under 4.29 is a sell

Pure buying

NOM NOM NOM