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@NewInn It's the Epic for Petrofac. An oil company
@VirSteele Just feels a bit glass ceiling to me and thinner glass floor! Be reet.
Could be worse. Could be holding Petrofac!
@VirSteele I'm out so wanting a bit of a drop. If it troubles 35p I'll stand you a half.
@Monopolyman Price of oil has dipped on the day. Also 36p is still a decent return if you invested in the late 27 - 32p regions so some folks might think as it's having trouble breaking 37p then take their gains and
"Growing old is bad but the alternative is far worse"
@SickRanchez I'm a bit of an Influenza
Yeah- cuts good, for SP no cuts bad for SP
@jayroz I'd leave it for a bit. US interest rate decision is 1 May. Sentiment is reported as being against rate cut so that'll push us down.
It's as good a theory as any.
@seakingalpha Not sure what triggered the speech , but the share price is dropping still. You'll note I didn't comment on long term prospects.
I think it's just going to drift down to around 28 unless any good news happens,
It's Tullow. That's what it does.
@Sickranchez isn't that by definition what a peak is? :-)
Dollar on it's way up and POO testing lowest limit since 2nd.
@JMAX Agreed. That's why I like this and Centamin (gold miner). It's a lot easier (and I use that word in a very very loose way) predicting 5% swings on oil and gold than waiting for someone to have lunch with the right man in Nairobi.
@stalinvest Anyone being mad about someone taking profit has no place trading shares
@JMAX Yep. Life's too short to be constantly looking for that pot of gold round the next corner
This is what I enjoy about shares, moments like this when you have to make a call and the tension is palpable.
I sold at 35p after making 10%. I just don't think there's any obvious prospect of good news yet and oil looks to be running out of...erm....gas.
Could be wrong could be right, but what can you do?
@Monopolyman Complete opposite here. I've sold at 35p expecting a dip back down in oil and a retrace back to maybe 30p for TWM. One of us will be happy :)
All the best.
@Stalinvest - For sure it's largely down to sentiment. It's a great share to trade and I've missed the boat on the drop a few times. While broker upgrades are welcome they don't lift the share on their own and without some big Company news I don't see any reason for this to perform better than the last few months- ie up and down with oil.
Just my option and GLA
I'd say this is all OP related and will be upto 40p.
Certainly I'll be looking to sell around the 39s.
We get to these heady heights and then it crashes back down :)
oh it seems **** is a swear word. is **** as well? or ****?