Member Info for Givingthelowdown

22 day losing streak

oil price is currently based on hysteria, wouldn't suprise me if figures this week give the market a reality check and we get a nice bounce....

But CASH....yeh, its war against US shale, I think Russia & SA are in cahoots, god cop bad cop routine, last time in 2016 it dint work but this time around dollar looks more vulnerable, looks like we could be entering a period where the US loses its superpowers to China and Middle East (in the case of oil)

OPEC have put Russia on naughty step, wont stop pumping until Russia says sorry

Now Tony is holding those wonderful BP assets (ahem liabilities), they pulled a stroke there old BP, BP CEO....'let me see, great recession coming, what mug can we sell this lot to'?

Will there be any winners from an oil price war? nope...as bad as Trumps trade war....world is run by muppets with very small genitalia

is this the first green day following a 21 day losing streak

Its been going through my head, what would i do if I was a lender?, putting PDL into Admin at this juncture would be an own goal IMO, the asset valuation of Cullinan would have plumetted in recent weeks, would they get there £600m back ? Im not convinced, better wait for all the QE from central banks , perhaps? Would be interested in any other views on this, as I'm far from an expert on the subject matter.

I paid 5.8 a week ago thinking i got in cheap...lol......The fall is hysterical....IM,.....so I hold...rubber band , this share

Im not invested here, have been before, it staggers me how inept the board is, who commits to a new house without making sure the existing house sale goes through, I feel for investors in this company

I’ve seen many companies go bust , and none that I’ve witnessed have gone. Out with such a steep drop , I feel any news from pdl will see us gap up somewhere , a diamond , news from lenders , asset sale

I see both colonels and cossies comments as welcome, its always good to see all the opinions as this is how we get to make the right decisions, what i take from is this is a fragile company, however the selloff seems overdone, worth a punt, but dont bet the farm

I think it just reflects a flashcrash which is corona, the media will son get bored of talking about it and find something else, traders have short memories......the world will keep spinning....the market will rebalance...

The big slide was all down to the virus and general panic IMO, not saying this is a healthy company but 7p more realistic.

https://www.cnbc.com/2020/02/14/coronavirus-latest-updates-hong-kong-pledges-3point2-billion-business-in-china-try-to-return-to-work.html

Beijings 14 Day Quarntine Period has expired, will probably open 5+ p Monday

HI Guys, i used to post here prolificly spouting all kinds of rubbish, since when Ive been involved with other shares, whats the latest? from what i can gather PMO was doing great getting the debt down to £2bn, then they got the great news on Zama worth £300-£500m, then they went shopping and bought a load of rigs off BP in North Sea with the Zama money, then its turns out that Zama may be a problem in terms of ownership, and a whiff of some dodgy Mexican dealing, and they may not own Zama after all, so Im assumng we are back to debts of £2.4bn, is deal with BP def going ahead......Has Tony once again shot himself in the foot? any clarification on the aboe but be welcome cos I havent followed it very closely and I may be gettting wrong end of stick.....thank you

Common sense will prevail, let the virus take its course, better to lose 2% of the population than all die from poverty.

US will pull us out of it in 5 mins......there will be a leak from the FED about interest rate cut, they wont let the carnage continue...all imo not sound financial advice

I take the same view , the positive cashflow is their saving grace, a positive announcement from the lenders could see this multi bag very quickly from here, PDL has historically schizophrenic chart movements and has diced with death before

I think the obituary is being written way too soon here , the speed and gradient of this fall is not too great , traders dream