Member Info for hey_arnold

As others have said, I think the moves up the past few days have been short covering before the trading update, taking profit.

Who was the poster on here last week that was talking his book and saying how well he had done investing in Lekoil and how stupid we were?

If you extrapolate this move out we could be at 300 by next month :)

Talk about stating the obvious. haha

Thoughts?

Sounds a reasonable idea.

Agreed not many shorts but it was defo blackrock pushing the price down past few days.

Hopefully this price action puts off the shorters as they will have increased their short yesterday without having moved the price down which I'm guessing isn't the desired result.

I wonder if this is the shorter Cayman buying back again or someone else buying.

Normally when I try and be clever selling and then buying back, I get chopped about and end up worse off then if I had left it alone.

One a risk reward basis I think it is still worth holding.

I just bought another £2k. Agreed its a dangerous game averaging down. But still hold a 12-18month view.

Chill its bullish now!

TULLOW OIL PLC TLW.L: BARCLAYS CUTS TO EQUAL WEIGHT FROM OVERWEIGHT; CUTS TARGET PRICE TO 75P FROM 80P

Oil off 3% as Trump says they wont use military but instead use economic sanctions.

"I like your optimism however I think there is more chance we will see 50p before your 59p prediction.. hope I’m wrong though!"

Yep you were wrong.

Someone is defo loading up. Looks like the shorters tried to push this down five times today, with someone else happy to buy it up each time.

I reckon it probably takes quite a while to hire a CEO.

One a twelve-eighteen month view (recovery) this is all just noise.

Chill!

and i dont mean Mrd averaging down :P