RE: Heading for trading opportunity territory!23 Jun 2025 14:25
Hi GFG,
I am fine, Hope you are too.
Yes this board is nice and quite, as I have no holding in BP, I don`t tend to go there. I remember my days as a LLOY shareholder and that board, it was extremely lively and argumentative.
Well, the Orangutan in the White house is causing a lot of aggro, tariffs, attacks on Iran mainly so, which has caused stock market swings.
The Orangutan wants low oil prices, then Opec decides to ramp up production, then he attacks Iran, that has totally the opposite effect as oil prices soar.
To be honest, I have sold all my holdings in LGEN for a decent profit, and along with a few others and sitting on a healthy cash amount to pounce on any bargains that may arise. With Shell, give me £28 and I will sell 80% of my holding. The yield is poor, and with conversion it was poor for todays dividend.
I have held Shell for 10 years, before they took over British Gas.
Good luck with your trading and strategy.