Member Info for Krakenoil

Broom - As soon as someone gets wind of ARCM attempting to close this will go ballistic there’s not enough stock available to buy £43million worth of stock, some of us were having trouble buying £10k worth of stock let alone that amount.

Closed in the red ! WTF

We aint going to see the volume increase until the planes start flying again, then ARCM will be unable to hold this down.

Hedge funds are there to make a profit - End of ! They have a huge paper profit on the short side on PMO if they had of closed out below 20p that would have hedged the loss on the Bond if any ! Now the oil price is rising the profit on that short is almost impossible to convert. In fact could cause a huge loss

Arcm still holding that 16.69% short !
That’s £43.4millon worth of stock that needs buying !
I can’t see them getting out of this mess without a huge loss

This ARCM leash ain’t going to hold this down much longer, they are going to have to bail out of this short before the planes start their engines. And that’s not far away 4 weeks at most !
I’m betting 50p - 60p coming before 1 July

Our MM makes us uninventable - spikes the price then tanks it every time. Good news and fundamentals have gone out the window. Its a facking Joke

As per usual Its going the wrong way again for you DBNO !

Ferret your so full of sh it ! Almost inline with DBNO.

Cringeworthy!

Teens today ?

Great :-(

Resistance 37p once through that next stopping point 43p on the charts

And we’re off and running !

Market manipulation going on, this will all of a sudden start climbing up. Could be back around 60p come July. Brent will be mid $40 by then.

Just need Brent to slowly rise over the next 6 months and hay presto ! Party time

I enjoyed reading it, what’s not to like ?
We have serious profit potential as oil climbs
Just imagine the profit with Brent at $100 .... mind blowing

Beerbull - True but Ferret de-Ramps desperately trying to push the SP down so he can buy in where he missed out, the rest of us are invested and we invest in what we truly believe, he also believes what the rest of us believe but is bitter and twisted because he didn’t have the balls and now regrets it. Why would you be posting negativity non stop here if your not invested ? Unless you are defending a short position

Ferret your posting history has been appalling, you even persuaded SK not to buy, then you both watched the SP climb over 10% lol

Ferret- you’ve been non stop deramping PMO for months and months, Even at the very lows, so please don’t question my views as it’s been correct all along so far.
I’m not ramping, in telling you what I believe and it hasn’t changed.
JP Morgan even forecast $60 Brent Q4 this year as well, that’s higher than what I forecast.

Usually a UT doesn’t change the actual SP. but that did, not for long mind you but still a weird one.