Member Info for members

Downbutnotout... what worries me is that PMO has the habit of falling off a cliff big time soon after deceiving us with a fake resilience the day before. I remember several times people here saying “PMO looking strong today and resisting the drop in oil very well”. Then the next couple of days, we ranked 12% and 15%. Surely not this time at these lowly sp levels!

Downbutnotout. When are you actually going to predict a rise? We need you to do that! :-)

KARMAKANIX... PMO lost 4%. ENQ another 7% on top of 3% yesterday when we finished 1% higher. Today’s TLW only 1% down and CNE actually rose!

Downbutnotout.... Forecast for tomorrow?

Downbutnotout... WTI target 43/44?!? Not even the most pessimistic individual like you really believes that! Do you? If you have that low target, how come you are telling everyone to buy PMO at 68 or even 69. Please don’t say that it is a strong support, as only a few months ago, our sp was 55...

Is Brent going to close at 55 at 4:30? Surely not! Watch it fly after the close as always

Why is PMO down 4% and ENQ 6% but CNE is marginally up and TLW down only 1%? Don’t they sell oil too or have they start trading water instead?

OMG

Guys, forget about the hedge of 40% at 69 dollars. Yes, that’s useful. But let’s face it... PMO will not survive with Brent in the 50s... we would never be able to repay our debt fast enough. And if we sell Zama etc, either there will be no buyers in this market or they will get a huge bargain from us. Come on oil. Big rise after in 5 minutes please!

And WTI at 52... this is getting ugly. I hope we can finish in the 70s today...

This is getting ugly... I hate Downbutnotout to bits, but his/her warnings on oil always come true and hats off to him/her from me.

PMO at 71 higher than when oil was at 60.50 instead of 58.50 now. 2 dollars loss would normally mean a PMO drop of 10%... I hope this is a good sign and not an ominous sign. When this happened in the past, PMO had a late reaction one or two days later, ranking for days and weeks on end... and what are TLW and CNE doing up 1% today? Do they know that Brent is at its lowest levels since last year?

PMO holding so well and only down 1p as I talk to you at 70.50 which is where we closed on Monday when Brent was 60.50 whilst it is 58.70 now, so down almost 2 dollars. Quite pleased with that

Monkey moo... good luck, mate. I hope yours is better than mine. After 5 years, I lost 70% of my investment in PMO.

Dodger16.... You are right... £ 1 will be visited again and hopefully soon. We just have to hold tight. These are scary moments for shares in so many companies and sectors.

SBB1... I bet you that if PMO and oipnhave a bad day tomorrow, we will definitely see you rubbing salt into the wounds. But equally, if PMO and oil go up, I reckon we will not even see you through the most powerful binoculars in the world...

SBB1... I totally disagree with you. Truth is what happened today is completely opposite of what you say and makes a mockery of your theory.
Proof is that PMO rose despite another very sizeable drop of the FTSE, Brent down from 60 to 59, world economy in trouble, China etc. When a share like PMO and a commodity like Brent have been battered so much for days, weeks and months (and many years of course), there comes a time that the market believes it right to reverse the trend. Hopefully Brent will rise overnight and with is PMO tomorrow

Everyone saying huge draw in half an hour, so if that’s the case, the drop in oil prices has more than been factored in already. That means that Brent will go up. And if the figures are better than expected with a small build or even better a draw, then we shall see Brent rocket up by 4 dollars. Dow finished up 1.2% tonight and that will help sentiment. Asia trading always sees a rise in oil prices, so tomorrow in London trading we could gain a lot. Both for PMO and FTSE. I expect FTSE to close up 2% tomorrow

Stephen44... 50% off current oil prices which are already at the lowest? Oh well... only Yahoo can bring up stories like that!

Brent down at 59.50, Dow lost all gains, Ftse closed down another .73% and PMO finished up 1.38% whilst ENQ lost over 3%. This has never happened before! Long may last