Member Info for Itsaponzi

More like $20 now as Saudi are flooding it with $25 oil!!
Everyone and everything is on survival mode now.
Going to be carnage again today ..

At what point does AB start selling surely he has to protect something if it goes tits up ???
He must be looking and thinking WTF is going on !! Tullow and Premier will go first though ..

What's peoples views on the next update !!
It will define where enquest is going in this low price environment!!
Let's hope AB has good hedges for H1 and H2 ..
Good luck LTH ..

Saudi Aramco said that it would increase oil production to 12.3 million barrels per day (mb/d) in April, a shocking escalation of the war for market share. That level of output is believed to be beyond what Aramco can produce on a sustainable basis. In other words, Saudi Arabia is going all-out to flood the market.
$25 brent is pretty much nailed on now so will gkp stop paying dividends ??
Target price 50p here !!

Saudi Aramco said that it would increase oil production to 12.3 million barrels per day (mb/d) in April, a shocking escalation of the war for market share. That level of output is believed to be beyond what Aramco can produce on a sustainable basis. In other words, Saudi Arabia is going all-out to flood the market.

Surely they will suspend the divi now no company can pay that out !!
If Russia and Saudi don't agree on some sort of cut before April 1st then Brent will plummet to $20.
Out of all the oilys this will survive Tullow Enquest Tullow will all be gone this year if oil goes to $20.
Looking to buy in here around 70p before russia and Saudi agree on something.
This is Xmas come early never thought I'd see so much carnage on oily stocks in one day and it hasn't finished yet ..

Buying what ?? Most oilys will drop 50% tomorrow silly season has started early .
Brent will hit $25 in the coming weeks and that's the low for me and a buying opportunity can't believe I will be buying this at 6p in a couple of weeks !!
Tullow 8p
Premier 19p
Enquest 6p
Gkp 50p
Good luck everyone and stay Corona free ..

All oilys will open up 50% down today !!
Will gkp cut the divi this week because of this oil crash ??
They will need every penny to survive now , but they will survive the likes of tullow premier hurricane are all finished now.

$20 oil a given now but for how long??
Looking forward to getting back in here around 30p in the next few weeks !!
Can't believe what I'm seeing brent $33 holy molly..

Saudi now need to wipe out shale good and proper now !!
$25 oil for 6 months should do it then we will see $100 oil in 2021 this is a survival game now can enquest survive personally I think they can but at the expense of a 7/8p share price in the coming months.
Going to be a lot of rich people of this stock if they sold around 25p ??

Good luck tomorrow LTH but this will be 16p tomorrow !!
In 6 weeks 7pis a realilty now premier at 20p tullow at 10p ...
But keep holding as us derampers know nothing??

From FT 3hrs ago - Russia breaks Opec oil alliance as it takes on US shale
Moscow seizes opportunity to undermine North American rivals at the expense of the cartel.

Looks like Russia are going after US Shale with analysts citing $30pb prices coming.

Long term, could be a smart game to play as many US shale companies go under. Problem is... it will also put Tullow, PMO and ENQ out of business if it goes on for more than 12months

AB will be keeping his cash firmly in his pocket !!
This will see 12p when oil hits $30s in a couple of weeks ??
Tullow will be finished soon enough premier will survive after its restructing but at the cost of shareholders being wiped out like GKP did ..
Enquest will be the best out of the 3 to reinvest when oil turns ..
CV will carry on for a while yet but at some point it will all disappear like magic ..
I haven't given up on enquest but it will be nice to double up on my previous holdings.
Thank you Mr Market for this opportunity I know I won't at the low but 12p is my target now ??

This will be 16p next week and brent will be $45 !!
When to get back in is the question???

Will this this 50p again if oil hits 30s ??

We should all agree that holding oil shares at this time in moment is disastrous !! I sold here at 25p and maybe luck on my behalf because I'm no Oracle.
I had to sell because everything leads to me oil price has no chance in surving in a Greta shale CVirus media overblown bo!!ox which really means nothing to the world economics !!
Social media has destroyed any sanity that we have when common sense should of prevailed .
Where next oil at $25 Ftse at 4500 Dow at 18000 is that really where we are going ??
Who's knows ??

Would love to get back in here around a £ ???
When CV hits the US and ME we will probably see under a £ ..

What for the CV to hit the shores of the US then you wished you had sold at 18p for sure !!
Wise call disco are you staying put krak ??
Very brave to stay in and good luck .
Went to the pharmacy this morning and he said they are running short !!
Ftse is going 5000 and brent low $30s what bargains to have hoping Shell hits £10 ??

Very wise !!
Let's see where enquest is and others when oil is around $35 ??
This is 2008 all over again but in a slower way I'm sure most here want to sell or already have !!
But they will just hope CV will disappear overnight and reality is it will be around for most of the year ..
But these are opportunities that only happen every 15 years..

Just wait until CV hits the US shores then you will see proper carnage and probably the lows on oil stocks !!!
Just don't understand anybody holding anything at moment but you haven't lost until you sell !!