Member Info for lodan1

I bet we will follow it down though

100% agree...I'm a long term value and income investor when it comes to this share. The short term fear will only make long term returns greater for the patient. I do not buy for 1 second that oil is anywhere near finished

To be honest I hope it does. I'm buying on the way down and will probably hold for many many years. In better times if dividend reaches old levels this could bring me a 15% return per year, maybe even more from lower levels

https://www.google.com/amp/s/uk.mobile.reuters.com/article/amp/idUKKBN26L30C

Maybe bp collaboration still a possibility. Good or bad I dont know but worth a mention

I agree with what hennabibi said

Dont think there are many that wouldnt like a 400p bid at the minute :)

I had 2.30 in mind for a big top up but the markets are savage at the minute and the worlds looking pretty bleak heading into winter. Decided to hold off till £2 if we get there but it wouldnt surprise me. Average is around 2.65 so at £2 could pull that down to 2.30 and change. I'd have given an arm to hold bp at 2.65 or 2.30 back in december 19. Think the sensible prediction on a vaccine is spring next year and think that's the only thing that will move oil shares into a positive trend, we'll just bounce around until then

I know about Nikola, didnt think it would help but a noteworthy piece of information

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-09-23/nikola-said-to-have-held-talks-with-bp-on-hydrogen-fuel-network

You'll easily loose your shirt playing with penny and especially sub penny miners. They have no income just an idea and nearly all of them fail with massive dilution to pay their wages along the way

https://egyptindependent.com/eni-and-bp-announce-new-gas-discovery-in-egypts-great-nooros-region/

I like how we didnt go up with brent but drop as it goes down. Worlds gone mad lol

If this was a good buy for you at 2.95 why is it now a bad buy? The fundamentals havent changed and catching a bottom is nearly impossible and when trying to buy near lows market sentiment is against you. My average is 2.68 and I'm ok if drops further so I can push in some more funds. When I bought 2.68 this was way undervalued so it still is even though it's now at 2.52. You have to have courage in your convictions when trading

Doubt it tomorrow but maybe if the bulls stay with oil for the rest of the week

You should definititely wait

Death by a thousand cuts at the minute

No as that's insider trading ...he might know something but certainly won't be sharing it

Part of a qumulo demonstration actually

poster on the other sitevsays we are on the Qumulo stand at NAB

no mention of the purchases they said they made over the last several weeks i think one was 230k and then another one about a week later....wonder if theyve been sold already