Huh no no. Im going to sell this 10th jan. The rebuy 4th of april hopefully back at 70p then sell it at 140p Then await the next recession in cash well there's the plan. How it goes is another matter.
Voda at 153 to buy this at 70.5p so that averages out at 78p now seeing as voda is up. Then I also brought chunks at 74 73 72 71 69 69 68 then ran out of money. Im going to sell 98p-100p just need opec to play ball..
was max today. And they wont let brent get too high as they want opec to cut! So next week will be fireworks one way or the other. Brent $70 = pmo 100+
Oil long 150 pips up. Hope someone out of you followed those who use to know me from back in the day know that I trade oil. Im not risking my profit on mbs and putin until I see what they're thinking. But 150 pips is 150 pips.
Will take a while to evaluate to figure out what is in pemexs block. I think once it can be valuated Tony D will sell it. Then use tolmount first to get us to 100kbpd+ then sea lion. To keep us there. They want to get down to 800 million by 2024. Its in their presentation. If they can share price should be back upto 300p by that point. But Tony D is like my wife loves to keep spending on the credit card!
Lower into meeting is what we need the world knows it. Going in at $70 no chance of a cut. Going on close to $60 brings fear off $40. Short term pain for long term gain!