I feel they may have done their money,won't be able to close their positions all at once.unfortunately I sold nearly all mine a while ago at a little above the present price and have put it all into oil .
Never thought they would fall this much ,results not that bad,but when a share is this heavely shorted ,a lot of people want the price to drop,so its sitting on hands for time being
Not adding ,not selling (any more).I have reduced my holding twice recently at above the current price ,just hold now for div ,which is still good at these prices would sell again above 290 ,all things being equal.
What they going to do now ?they will have to close at some time ,which will mean a rise in share price,IMO the shares at 270/280 offer better than average investment .
Sold a few more today @ 275 ,they could rise strongly tomorrow if results are better or no worse than expected ,but if the market takes a dim view of them we may be back to the 230,s .long term OK short term a big ?
IMO being a broker is an easy job with plenty money ,unlike other jobs it doesn't matter if you get things wrong ,the last two broker recommendations one is 155 the other 325 you only need a pin and a blindfold and you can do just as well
I don't see how shell have overpaid as its only 3.83 cash .and both companies are reliant on price of oil/gas .a lot being made of 90$ oil if we get $90 oil then shell have the bargain of the century (and last century)
Can't quite see why these are below 1200 even with the depressed shell share price the deal value is nearly 1300,and whatever happens BG. are very much in play .and nobody will get them for under 1300 ,all very puzzling.
This a pure opertunistic bid on the low oil price .OK the offer is part shell shares and they are also reliant on the oil price ,so if the oil price goes to say $70 then shell shares will rise the bid will be worth more .but I'm sure shell will not be alone in wanting BG.
Worse than I expected,might see 15/20 p drop on opening ,but these have been really strong over last few months and IMO there's a reason ,things are going to happen soon and I feel selling would be premature .
Sold about 50% of my holding today at 310 ,feel in present climate ,they are a sound share ,I'm just too twitchy on the button let's hope they keep rising .