Look at my history and you will see I call out shysters. And we do have a few from the PMO board. I’m long here, I see PMO moving back to a quid early next year, I don’t day trade as most will lose their money. My strategy is always to look for stocks that are in good shape and have been way oversold and are in recovery and Oillies are probably the best out there at the moment
Oil prices look a little more positive as we head towards 1st May. We could see Shale production falling steeply next month, Hopefully Rig down another 60 odd this week.
Needs are a must in low oil periods, batten down the hatches and save as much cash as possible. Another 6 months and oil should be substantially higher than today
Squif I would aim at Christmas time to see 22p again. Once we get the planes back in the air somewhere near normal levels then oil prices should be on the way back to $60 Shale is fecked up to that point so we can forget another wave coming from them again for a long time in my view.
RE: Laidback’s opinions should be subject to . . .27 Apr 2020 13:49
Telling everyone to hold for 12 months for a multibagger then 3 days later tell everyone to sell out is just pure class, does he even know what day of the week it is ? Laidback - Its Monday mate and this is the PMO board !