Member Info for Krakenoil

Spot price of Brent also pointing at $24 and above
But the dips

I call that BS !!

Raises US Stocks to Neutral from underweight !
And you think Buffet ain't buying lol

Suckers rally ?? We are still in the red you mallet ?

Enquest is moving up, keep an eye on the oil price

If you watch the Enq share price it seems to move in either direction a hour or two before the oil price follows.
Enquest seems a good indicator.

The market awaits proof of Opec cuts and not just hot air, Oil prices will suddenly move up before that information arrives, We are always the last to know.
Buy the dips

Oil prices wont move until the market gets confirmation of the agreed cuts are factual and not just hot air.

Let’s see where we are come the end of the week I’m going to call 35p and Brent at $30

What a load of shat ! Oil demand will return to normal levels by Christmas, Tui already talking about taking German’s on holiday next month, Florida already seeing packed beaches, boats everywhere and busy roads. The U.K. roads are getting busier by the day, gasoline demand is increasing by the day

I wouldn’t trust a word he says, in fact I would do the exact opposite

Both Tullow and Pmo have huge assets and both are well loved, Enq is hated by the media and the market for some reason even after out performing both in 2018 and 2019 - PMO and Tullow will rise much faster than Enq during this recovery but both have been hit harder. But this time round Enquest will come out a lean mean machine and maybe now the market will show some respect and maybe even reward it well and rightfully so.
I positioned myself to take advantage of PMO and Tullow bounce and I hope Enq rise slowly so I can sell everything else and throw it into Enquest below 20p - Equally if Enq rises at the same rate as the others I still hold a large amount of shares so I’ll be happy to ride along.
Waiting for positive news that cuts are implemented and US production falling
One day we will have this party and one day I might bump into Romaron at the AGM and have a chat over coffee, but I won’t tell him who I am lol

Oiluser -Romaron talks a lot of shat

Mystic, to all us normal PI’s the article came across very well indeed, makes me want to buy more.
If you say you are a marketing expert I think you need to change your expertise.
As one troll disappears another one pops up !

laidback change the boring record ffs

Slightly higher if I remember but with the cuts taking affect and the US production falling we should see Brent back in the Mid 30's very shortly.

First of many

Buying the bonds aren’t as easy as buying the stock either, the volume is very low and you usually need quite a chunk of cash for a minimum buy. Also if something did happen selling the bonds is not easy either along with a bigger spread

If the company purchased a asset for $500m at its current worth is $800 and it produces a nice profit, the book value of the company will exceed the dilution, so what’s the problem ?

Good work Epip - We want to see US production actually falling otherwise it’s just hot air