Member Info for Krakenoil

Surely this has to be market abuse, up and down like Katie Price’s pants

Who is selling this - all I can see blue lol

Another £20k for me

Breaking News !!
Little birdie tells me ARCM are being investigated !

Brent needs to clear $36 resistance to trigger the next move up in oillies.
its coming

Its way over sold now ! I have to buy some more at these prices, Oil demand climbing, Planes getting ready to fly, Russia and SA will extend the agreed cuts. Oil prices will carry on climbing

From the 30th April our SP has fallen 14% while oil price have climbed $10.

Makes no sense !

Because I bought Lloyds at 45p like a bloody idiot ! lol

Ferret - I'm about 95% up on oillies this year, 18% down on banks and slightly down (Gamble AIM stocks)
So I would say I'm pretty well hedged don't you think !

So let me get this straight Ferret’s trading Strategy is to put £10 on red and £10 on black to hedge his bet ha ha ha
My god what a trader this man is - Ferret you should write a book ha ha ha

Remember Kraken oil selling at a premium over Brent

Another great call from the Ferret lol

Oil demand rising fast, oil price look to jump up within the next week and PMO and Tlw will breakout from this current range.
Next week looks likely
Getting closer to the planes taking back to the sky !

Finally looking likely we are going to breakout of our current range.
36p will go shortly

One step up three steps down

Not exactly tanking is it ! Same as yesterday

Public share notifications

A public share notification must be made when the net short positions of shares reach 0.5% of the issued share capital of the company concerned, and again at each 0.1% increment after that.

This relates to both increases and decreases of the position (including each time the position drops from 0.5% or above to below 0.5%).

To make a public notification, fill in a Net Short Position share notification type on ESS and submit this to us. We will make this information available on our website if the position reaches or crosses the 0.5% threshold..

If you have previously disclosed a position publicly and that position then falls below 0.5%, you must make a new disclosure.

They are required by law to notify the market either way !

They were betting on prolonged low oil prices, they were also betting on the oil price war between SA and Russia, that back fired badly, now I believe they are stuck looking at a oil price rally and PMO in the driving seat.
ARCM are in trouble ! Otherwise we would see Odey asset management holding a massive short position as well ! They are the only ones holding a huge short in all of the FTSE listed companies.
Even Tullow don't have any shorts over 3%

I can’t see them getting out of this position with a profit to be honest. I hope they cannot close out below a quid. Fingers crossed they get financially hurt over this.
The only hope they have is a second wave hitting in the autumn.