Member Info for Krakenoil

Brent must be down $2 surely

$50 by Christmas

If the price is good enough for AB then its good enough for me

Ammu no wonder everyone calls you a moron !

I would hope PMO are sitting around 30p before the RI figure is announced, That would be position existing shareholders far better and actually make it more attractive to take up the offer in full.
I'm sure they will manipulate it towards that.

Come on Mr market maker - Dont take it all back

Shake out the week so we can move up again 20p today

https://www.bloomberg.com/news/articles/2020-09-15/vitol-says-oil-stockpiles-will-shrink-rapidly-by-end-of-the-year

Come on Mr Market let this go, 40p close on Friday would be lovely x

20p today

Few more for me as well

Another sizeable draw

Another huge draw

Crude -9.517M, vs +1.271M exp.
Cushing -0.798M, vs +2.608M prior
Gasoline +3.762M, vs -0.160M exp.
Distillate -1.123M, vs +0.600M exp.

PMO are worth considerably more than the current market cap, I would say even with the debt the company is still worth 50p per share of anyone 's money. Zama is Probably worth that on its own to be honest.

Quick Tony grab the fire extinguisher and put an end to speculation, wouldn't want your beloved short positions to burn.

Merger leak !!!

This could be huge

Quick everyone short the shat out of $40 ....................I hope you all get burnt !

$50 by Christmas

Looks like China will be burning through around 16m barrels a day in 2021, could even be more than that.