We there is a clear divide created on this board and you turn on each other, usually after a hype of a rise, followed by an anti climax, this happens, then there is an RNS due. Just my observations, but totally agree, the rampers on here are not so much invisible but totally transparent.
RE: “Oil Rebounds After U.S. Supplies Tumble the Most Since July”28 Jan 2021 09:30
You can't sell what we haven't got, right now Hurricanes message is, there's not much oil. Until THAT changes, poo and demand will have no effect here.
My glass is half full, less than that even. Perhaps they have been hired to encourage new investors when the market gets flooded with millions of 'new,' shares.
Gino, my simple thought was, whoever buys them out, dilution raises them a load of cash back. But, reality 12p, not a chance 4-5p maybe, until we receive excellent news, nothing is going to push this about that.
If you still read with interest, I would personally be very glad to hear your thoughts, you clearly know your stuff here. There's been a few damning RNS's since your last post, one more recently which felt sugar coated. Do you have any insight as to what might be going on please? Oh and Happy New Year!
The elephant in the room is not the poo, an elephant in the room refers to a negative subject, in this case its the last part of the RNS that says dilution. That's the real elephant here. Some frilly positives quoted yes, to sugar coat what the bod have hinted as going to happen. All the kitchen sinking we have be warned about. Some chose to look for hidden agendas and meanings when the writing has always been on the wall. There have not been any bombshells dropped that we didn't know about, and dilution is the next one.
RE: “Crude Oil Price Forecast – Crude Oil Markets Trying to Break Out”7 Jan 2021 08:28
Today's price of Brent won't reflect on Hurricane revenue for a considerable time, isn't there usually an upfront price agreed, approx 6 weeks prior to load? So what ever Brent was 6 weeks ago gives you a rough idea on value of next lift. Am I wrong? Brent needs to hold this rate too otherwise it will be meaningless. You can imagine orders for crude going in when Brent is in a dip not on the up.