Member Info for Krakenoil

Where's Ammu ? stuck at 13p lol

Wait for conformation

Expecting the remaining shorts other than ARCM to close before the vote - could see a big surge in volume later

Are we off and running ?

37p per share baby

Well they had better start closing those shorts if they want maximum profit.

Let the newbies take there little profits and then up we all go.

PMO could very well shoot up post vote, looking at the value compared to other sized oillies with the same production/debt PMO will be left with 5.5% of the new company, that said has to be worth 37p per share at todays oil prices.

Ammu nothing wrong with being premature, profit is profit but it’s even worse when you get left behind....., I would advise a good walk and deep breath’s and don’t look back.
See ya !

I’m here reading all the carp being posted, can’t even be bothered to reply.
I’m locked and loaded

I wonder what a litre of fuel will cost at the pump once oil hits $100?

Well if we value the new company compared to similar sized companies with roughly the same production/debt we should see PMO's equity valued at approx 37p per share at todays oil price

Makes zero difference if the oil price is subdued for a short period of a longer period shale will drill no matter what. They seem to find the money from somewhere.

Afternoon Romaron, Nothing to worry about here I'm going to buy the lot back tomorrow at 8p - take no notice of the screen price our MM is giving me mates rates.

I sold 10,000,000 at 12.8 today

Looks like the meeting hasn't gone well with Russia wanting to increase 500k and majority not, do we have another 'Open the Taps' squabble on our hands again ?

Was $53 this morning now looks likely to under $50 wtf

$53

I’m just waiting for the day when demand out weighs supply, and Q3 2021 could be that time, it’s been a very tough time for oillies over the last 7 years and now could be reward time.
Every time I think ‘this is it’ oil might breakout it gets stamped on.
This time next year could be party time

We have 50,000 people every day recovering from Covid and that’s just the ones that have been tested, it’s more likely 100000 people gaining immunity each day in the UK now. Yes vaccinating the over 50’s will help us reach herd immunity much more safely.
A couple more months of this and I can see this pandemic shrivelling away. Come the summer we will be back in the pubs enjoying a good few pints while the millions take to the air going on much needed holidays
Best start warming up those jet engines and stocking up the duty free’s