Member Info for mojo7865

Agree with the divi policy personally I wouldn’t want to see it lowered from this level but I don’t think increasing them nor share buyback gives any value. Surplus cash should go into either acquisitions or building the future strategy which will see returns through the sp. I think Looney was right on that at least the days of borrowing cash to pay a divi is long gone and should stay gone just increased debt to what ends ?

https://oilprice.com/Energy/Energy-General/Huge-Dividend-Cripples-Worlds-Largest-Oil-Company.html

You may argue amongst yourself lol.

Don't see this moving up anytime soon the volume is so low across the board on all shares we've had a total of under 4 million shares traded today. Everyone gone on holidays... Not too sure about the Q2 impact either mostly likely a Q3 rise if anything starting from Sept.

I think the share price doesn't have that backing to push upwards but definitely has the weakness to fall probably down to lack of interest in oilers at the moment. Majority of the time it's when the Dow falters brings everything down not just BP however the movement is probably more extreme on BP summer months like I was saying does have this impact as the lack of liquidity moves things in certain direction. Last week was a case point the Dow recovered and the share basically only reached 311-310p rather than to at least 320p. I do think longer term it will go back up but realistically got to ask yourself is watching this daily a problem unless your trading you have to do that. Otherwise just sit tight or sell tbh no point if it's making your miserable or affecting your mental health.

Looks like we're at a old resistance here need to break through to get back into the 20s.

I wish I did but I went in big for a last hurrah haha and failed miserably it’s sit and wait for me now nursing some hefty paper losses at the moment. I may Chuck in some if we see 290 but that’s it. Sell wise I’m kind of fed up with the stress this all brings I think I’ll take a smallish profit when I see one and bow out maybe around 325p just depends really.

My two cents TA is a great tool needs to be used in conjunction with market sentiment though. The bottom of what I use has been pointing to 3.15 but I waited to see if there was slippage which there was. However the share has fallen out of the medium term channel longer term if things go spur the bottom looks towards 280mark if we’re purley going off TA. But, you got to factor all the news flow. July to end of august is naturally volatile because lack of traders they go on holiday and sell off some positions to avoid situations like this. Come September it will be a different story if you’re longer term (which I’m not) this is just an eye of the storm moment. Markets always go up and down. I personally don’t see this lower than 290 though.

Best to switch off this month as it could get far more brutal some of the things I mentioned prior uncertainty puts risk back on the table and summer season sees low liquidity so more volitile movements through that period. Good luck

“The risk of a no deal raising noncompliance, White House urging a compromise, a rapid spreading virus variant, and a very overbought market all helped trigger the correction which was then fed some additional fuel from a stronger dollar,” Saxo Bank said in a morning note on Wednesday.

“While the longer-term outlook looks bullish, short-term uncertainties may lead to increased volatility, not least considering the time of year where summer vacations swing into full gear, thereby removing liquidity from absent traders,” the bank’s strategy team said.

Looking like another day of market sell offs today. Especially with oil down over a dollar on both Brent and oil uncertainty is a bit of a problem at the moment. I think market could be pricing in members possibly breaking quotas that seems to be the way of things (my opinion) they are pricing in the risk as a high possibility. This could get quite nasty quick. I don't see UAE or RSA coming to the table while oil prices are high.

They may wait a month to see how this plays out.

July tends to be a pretty rough month especially when liquidity goes low. In the meantime England's playing tonight so something to cheer for.

Ok stock peace man good luck I actually don’t even have an issue with you good luck I do hope you get your 600p let’s just end all this bickering.

Stock leave it I ain't ramping you are the sole ramper here. I said risk is back on this could easily go lower what's my target right now? I'm aiming for a quick trade on this i.e 15p rise. If you want peace on this forum just let it go I don't see any point if you going on about this the 309 is quite ironic as you kept ripping about that price not coming well it has. You and your backup dancers need to worry about your own finances before worrying about mine.

No clue my friend. I think it's mostly down to the uncertainty with UAE and OPEC. There are two schools of thoughts. There's risk with UAE and them pulling out and pumping as much as they like and the rest follow leading to a OPEC mutiny. The second is that oil prices will go higher because there's no agreement. No one really knows but the market doesn't like uncertainty so you have this volatility. Who will blink first no one has a clue really but risk is back on for now.

in at 309

https://twitter.com/TradeFloorAudio/status/1412751580600930307

They pretty much are saying you can't discount the risk of UAE leaving OPEC I read on FThttps://www.ft.com/content/d0b77371-fdd3-4650-81e7-9b5e51f27bb9 that the strategy being they are aware of the green transition and want to pump as much oil while prices are high to fund their transition. The danger being everyone else wants to do the same. There will be bumps along the road and the market will us this to exaggerate movements hence yesterdays drop. The Iran news does bode well medium term though I didn't expect that so that should lend some support.

I wasn't referring to you. Plus I answered what you asked for with articles one and two this morning though I was a bit peeved of accusations that I'm making up fake info when the Russian stuff has been known for months go figure. Lol any hoooo my mood has vastly improved after todays movement a bit of vindication and a bit of crow pie for the vindictive. Although I have to admit I didn't see the sell off coming today I expected next week Friday to be fair.

I don't intend to meaning waiting to see at 4:30 now. Apologies wmg I'm just salty after having put up with all the bs on this forum.

I'm not back in and don't intend to. To be honest not my style to gloat but after all the abuse I've taken it's fair to say i was due some pay back.

Too all the haters and rampers out there.

https://www.youtube.com/watch?v=RqQGUJK7Na4

It’s not a forum of are you invested you should post it’s a free forum to share your views and opinion how’s my opinion biased it can go either way if oil it’s 100 dollars it should see a rise note the should. But so far oil has risen so much yet it can’t even break the highs of last summer so tell me why. Stock honestly you played your cards you won’t meet so just leave it already you’ve shown me you’re not a man to have a face to face convo about your views so you should just stop. If I made losses on bp you should be pleased you shouldn’t be getting worked up. I’m just interested how the next few weeks play out i have no affect on the sp it’s a bit ridiculous to even imply that or are you so insecure with your Investment.

Well you’ve proved me right then. You’re a coward lol. Anyway I see why bp is 325p it’s cause every investor hedge fund pension manager is stupid and you’re the one with all the insight and everyone is wrong don’t dare speak against stock or feel is wrath. Lol anyway good luck stock drink something sweet for all the bitterness you have otherwise you’re going to work yourself into early grave getting worked up by an “idiot” like me.