Member Info for Krakenoil

Both Tullow and PMO went up to quick and was a easy trade, I sold Tullow and bought a few yesterday as the hype is through the roof. Both Tullow and PMO will move up fast as oil starts to recover.
Well worth a punt

Looks like Trump will raise the loan limits for frackers . Delaying the inevitable again

Another 6 weeks is my guess

$100 oil would give us a SP of around £7

Rigs down -66

Starting to move

Screaming buy and this large order still not filled, may take a few days, specially if no ones selling

Come on let it go ! Still cant even buy £2.5k worth of stock FFS

We all need to be looking at where Brent will be in 3 months time, hopefully back in the high 40's.

We wont get a v shaped recovery but a steady one, people will probably have more cash in the bank than before as they haven't been able to spend it other than on DIY lol
People will be raring to get back to work after this.
End of the year we will be back to normal demand of 98m barrels a day. Oil will be back in the 50's and 2021 will see much higher oil prices

I’m betting as the cuts start reducing supply toward the end of the month and demand begins its slow recovery Brent will move up towards the mid 30’s could even see 40 by July.

And when he does that should raise oil demand a bit further... all helps

Lets all have a guess on rig count number for tomorrow.
I'm guessing -28

Ponce yes ill give you that one, couldn't resist PMO at 12p and I also gambled a few on Tullow at 10p, also bought a few bank stocks as well, but I'm in no rush to cash out, we have all been here before. We are now getting towards the end of a 7 year cycle of low oil prices and I suspect that will now turn towards a period of high oil prices. Enquest are in a much better position than 2016 and reduced BE even further so I'm happy to take more if we drop further.

Ponce I’m already rich, so maybe you need to add richer to that lol

Ponce I doing the exact opposite of what your doing, balancing out your boring ballshat.

Ponce 20p in a few weeks time !

Ponce you are getting boring now !

GKb see how what goes ? I hope your not implying what I think you are ? I say it how i see it to your face or not, I’m no keyboard warrior lol

Jan, I call him a liar.... he was the biggest ramper on here, even bigger than me ! Then all of a sudden starts with the deramping and negativity .... why would you deramp a stock you hold ?