Member Info for lemonade

They were dumping PMO around 28p last week

PLEASE PLEASE PLEASE go SHORT

oh hello,
The tables have turned for Cash Ferret.
Suck it up loser.

Next line of sellers are sat @55p

Sauer Face sold at 34p , hoping to get back in too.
everyone has a plan....

lol.
"i haven't missed out"
but everyone else is 25% up.

This is gonna have a MONSTER afternoon

My estimate is a close circa 53p/55p.
Gap up tomorrow morning 60p - 66p

This is a freebie upto 150p.

eta,,, tomorrow morning...
it's not cool being the last one to the party

Lol, everyone up nice and early to see no movement in share price.

https://www.investegate.co.uk/lekoil-limited--lek-/rns/tr-1--notification-of-major-holdings/202006080700072307P/

https://uk.investing.com/news/commodities-news/oil-climbs-over-2-after-opec-extends-output-cuts-to-endjuly-2135901

https://uk.investing.com/news/commodities-news/oil-climbs-over-2-after-opec-extends-output-cuts-to-endjuly-2135901

It looks like a sensible time to put GKP in your investment PF imo..
expect meaningful checks to come through in the next few month's and then game on through the rest of the year.
100p, will look peanuts

Agree Krakenoil..
Another consideration is,, western economies are about to kick off massive stimulus plans to get things moving again.. these will be off the scale,,, it will also make the Dollar weaker which will also help to push commodities higher, until we see a monetary system reset , hopefully without debt attatched, and hopefully tied to gold, possibly q3/q4.
Did you know Trump's grandad was huge Gold bug.

i'm confident you will see $45 today/tomorrow, $50 next week or week after at the latest.
$60- $70, in about 4 -6 weeks.
Also remember the market over reacts...
I think oil in the $60's is essential before production is increased again.
That's why i think it will be nearer to $70, before we turn the pump on.

I know $60's seems a long way off, try looking at it this way..
The worlds economy has been put on hold for 2 months.
People are the same and consume the same, business will adjust.
The excess oil production now being stocked, is countered by the cuts in production.
Add on to that, the next 4 weeks are going to be full of economies opening, buses returning, flights returning, people driving back to work, job numbers will go through the roof.
Add on,,, China is the biggest loser here, the spoils of war will go back to the west and emerging economies, ie we all share in Chinas coming downfall.
Remember the markets price in upcoming months and the next 2 months will produce awesome data,(also horrific results for q2/q3), but results are past, and economic data is present/future.

My basic understanding of the situation is.
Trump will need $60-$70 oil, to bring the energy security, and jobs back in the US.
Saudi, Russia, Opec etc, are on the same page with Trump, and all want to see higher oil.
Evidence was the Opec meeting, which actually proved they want to see a higher oil price.
Result - oil is going higher

That's good discipline,well done ...
Hope you have many more days like that Mr SauerKraut..