Member Info for Krakenoil

Lets be honest the market needs much higher oil prices if its to swerve a super spike in the next year or so. That will be much more damaging to world economies than if oil returns to say $65- $70 by end of year.

Lets be honest who would spend there time constantly de-ramping a stock that they are not invested in...……Unless you are desperate for a cheaper buy in price or bitter and twisted over missing the boat.
And 99% of people on this BB have no idea how to short a stock

I'm expecting Brent to move up into the 41's soon, airlines will be back in the air within 2 weeks, road traffic is climbing back towards pre covid around the world and the US is just mental.
to be quite frank Europe has done bloody well to reduce the amount of covid cases considering how fast it was spreading.
4 months is a relatively short period of time, the next 6 months will see oil demand increase dramatically from were we were 2 months ago. Brent - $55- $60 come Christmas

DBNO - why the hell do you keep on about WTI ?? What has West Texas Intermediate got to do with PMO ? Are you on the wrong BB ? Anyway shouldn't be looking at our SP not oil prices ?? Or are you trying to trading oil and get tips here ?

Plank

DBNO How on gods earth can you call anyone clueless ? Your history consists of 14205 clueless posts !
Even a chicken has a brain so thick its body doesn't rely on it to survive even after you've chopped it off, but it can still out clue you.

The village idiot is more like a country clown.

SK he doesn’t even know where Texas is ? Must be in the North Sea ! He also believes the moon is made of cheese .... maybe it is

What a clown this fella is, 95% of his calls are completely wrong !

Brent will start back on the recovery path, airlines taking to the air again.
Oil demand rising

DBNO where will our SP go once Brent returns to $40 and above ? 60p perhaps ?
The planes will be back in the air very soon

Now panicking over another wave to hit hard ? Obviously social distancing in China hasn’t been in place or they like the US have ignored it.
We need a vaccine now.

Oil demand rising, US gasoline demand went up 6.2% from last week !
That’s quite a jump. Not long before everything opens back up. Airlines is the one oil is waiting for.

You must be mad holding a large amount of stock in this company!

You just can’t hold this baby down for long

50p will go next week, oil will in my opinion head north again back on track.

Jesus ! This is ridiculous

Looking like another bad day ahead, opportunity to buy and hold as ultimately we are in recovery, I still predict Brent close to $60 come Christmas.

ARCM will take the opportunity to closed out the short when they get the chance, they know full well oil will be much higher later in the year otherwise why would they have bought such a chunk of stock ?

Rig count fell 16 last week, surely can’t fall much more .... can it ?

The trolls are out in force today, non stop posting.
Come on oil a big bounce will be lovely