The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
AlfaMale. I give up.
AlfaMale... all I know is that Brent is now gone up to 59 and PMO is still at 72. It is unreal
AlfaMale. I am not expecting PMO to rise 100%. Even if it did, it would still be worth less than exactly 12 months ago. That is the shocking fact! I am not taking the one or two day view. I have been invested 6 years and saw this dog of sp underperform year after year and day after day.
AlfaMale... ok then. Nothing is logical, I know. But when oil is up more than 1% and almost a dollar, Ftse up a healthy 0.62%, Tlw up .60% and PMO still in the red, after having lost 5% yesterday due to Brent losing a fraction, then you tell me what to believe in. I am not stressed at one or two days so movements. I am stressed because we are struggling not to fall back into the 60s, ffs!
AlfaMale. The concept is not difficult to understand. It is difficult to understand why you completely ignore the fact that I and many others, are unable to understand why PMO is sold even when Brent, Ftse etc go up. Many times other oil shares go up and we go down. Explain that. Yes I know. Because people sell Pmo. Why?
AlfaMale... so you are even less clever than I thought, which was already zero... oh well... you are below zero then... to each his own, I suppose... so... oil loses a few cents and we get hammered 5%. Oil gains a few cents and we still get hammered 1 or 2% (almost 3% at one point). This is all normal to you. Not to me. Who is the clever guy here? Not you. But then you wouldn’t know, because you are not a clever individual. You only post to vilify and insult me. Never post any contribution on PMO or the markets. Ciao baby. So long and I hope you grow up before it’s too late
AlfaMale keyboard ninja... feeling strong beyond the screen?
We are still down 1% after the 5% we lost yesterday. Yet, Brent was at 58.3 at yesterday’s FTSE opening and it is up to 58.7 now. The FTSE itself is up 0.56%. When will our nightmare end?
Decisions. So if oil will fly high according to you and PMO is controlled down by the algos, can you also tell us why?
Groover... it is the story of PMO trading patterns. Always the same. A lot more buys than sells, but the sp sinks to new lows all the time. 71p this share is worth to the market. In my opinion it is worth several times more. £££££
Krakenoil... you got your 70 target now. You said you would get back in BIG. Are you buying? Sell off today and yesterday and countless other times before is tiresome. I sold a few weeks ago at 82, bought back a couple of days ago at 73 and now we are down to 70... I can only assume we are bound to go up big and swiftly from here, but what do I know? It is hugely oversold, but markets do not care about fundamentals and prospects. Shorters rule
Two day combined losses:
ENQ - 2%
TLW - 3%
PMO - 8%
Brent steady at 58. FTSE up. PMO down another 2% to 71 after yesterday 5% drop. Isn’t it funny how when it rose 2% on Monday, people were talking about the big Zama news being imminent?
TR61... more chance we leave the 70s for the 60s than for the 80s, at this rate... I am shocked
Ftse flat, TLW & ENQ down only 0.9% but PMO down a whopping 4%
Unreal
AlfaMale... if your job is reporting me here, then you are a very sick individual. So long
PottyTime... yes, I do believe we will finish blue. Those who bought at 74 this morning will show healthy gains by the end of today
Sauerkraut... I know. It’s two steps for all of you and three steps for me. Since I was mad enough to pay £ 1.80 for the shares some 5 or 6 years ago
Beerbull.... Wrong. I am in. Bought back two days ago at 73. Thought it was a great move, when it went to 76 yesterday, but back down to 74 now... I believe and hope that Brent has very limited downside from here at a lowly 58 and can only move up swiftly. If that happens, PMO will fly too.