Member Info for Krakenoil

Might even see a little green today, you never know

SK how you feeling ?

PMO played like a fiddle. Up and down up and down …...Anyone else sea sick yet

Before posting shat again Ferret, trying to inflict fear.
Deutsche Bank :
For many years, the bank has been caught in a downward spiral of declining revenue, sticky expenses, lowered credit ratings and rising funding costs. It’s repeatedly tried to reverse the slide, without success. Problems include outdated technology, a talent drain and heavy fines -- $17 billion in the last decade -- for misconduct. Adverse market conditions have compounded the homemade difficulties. The bank’s shares lost more than half their value in 2018 and have continued to underperform the broader industry this year.

So Ryanair will start operating with 40% of normal flights on the 1st of July.
All the other airlines will follow suit, don't think they have a choice to be honest. The US is 80% open and flights will soon be back to normal over there, oil demand is rising

https://www.bloomberg.com/news/articles/2020-05-11/shuttered-oil-wells-are-turning-back-on-pipeline-giant-says

They helped push down the SP to a point where it’s difficult to complete a RI. But any movement north in oil prices will cause a short squeeze unless they are prepared to hold that position until they lose any potential profits. I hope TD pulls off a magnificent deal with BP, doesn’t need to ask shareholders for cash at the same time oil shoots up causing them to lose a fortune

Typical sell on news idiots !

So SA to cut a extra 1million barrels in June - What do you think about that then Laidback ?
How you going to twist that news ?
Reality is setting in now - he is going to miss the boat if he doesn't jump on board now.

I personally think its a great move, $500m or less for those assets is a no brainer.

If you think TD is on a ego trip to buy more assets and in doing so plunging the company into financial difficulties you shouldn’t be investing at all.
Don’t be bloody stupid !
If that were the case 100% of our lenders, major investors and even BP would put a stop to it immediately.
Use your common sense people ffs !

On my way to work this morning the motorway is back to being gridlocked all the main roads are almost as busy as they were before lockdown, people going back to work, no one using public transport, looking at the daily fight data the number of flights is rising. Oil prices wont drop from here.

On my way to work this morning the motorway is back to being gridlocked all the main roads are almost as busy as they were before lockdown, people going back to work, no one using public transport, looking at the daily fight data the number of flights is rising. Oil prices wont drop from here.

The spot price of oil will soon start rising and may overtake oil future prices.
Laidback selling out so prematurely was a stupid mistake

You need to ask yourselves why none of the bigger news reporters have reported on it ? I’ll tell you why because it’s a load of shat !

1 man and his threats against a oil company and a country Lol

Rkama it’s been like that for ages, read the previous posts before embarrassing yourself

The deal with BP may Including a debt restructure, we may have another lender wanting a piece of the action, ARCM could get shafted badly with such a short on the line. TD won’t like being held to ransom by these bullies one little bit.

It can only be a positive as PMO don’t want to buy the assets at the current price, they want it cheaper!

That’s because PMO is not fighting for its life !