Member Info for offmessage

Well you're obviously very upset about something, cry some more, you'll feel better for it

Well I'm not holding here so it's working out pretty well. How is being ignorant working out for you?

"Does spouting random numbers actually work for you guys?"

No, but understanding technical analysis does

It looks like first support is around 666

Stupmy: There is a bullish divergence on the 1hr chart: https://invst.ly/178a4q

Not reading too much into it but it is there, objectively

"The cost of producing oil and gas through fracking in the United States varies depending on the type of deposit and the region, but here are some general estimates:

Break-even point

The break-even point for fracking is generally estimated to be between $30 and $58 per barrel, depending on the site"

"I was in RR. At around 70p sold at a profit but could have been a 6 figure profit if I had held, but that is the way the cookie crumbles as they say."

Me too! I was in at 80p ish, sold far too early. One of my biggest regrets, along with oil, which I bought at $8 a barrel in the pandemic and sold when it doubled, then watched from the sidelines as it hit $120. Ah well lol.

Negotiated orders only for past half an hour...

"Heck I can get 3.0% on a 12 month fixed term and 2.6% over 3 years"

I know it's not the point you're making but those are terrible rates, you can get 4.8% on a 1 year fix and 4.6% on a 3 year!

40p!

Communism lol, get a grip, absolute cown

Looks like support at 666p, I think it will get there

Gilts (note the spelling) haven't dropped by anything like what they did for Truss and are actually on the rise again now after yesterday's rate cut and paring of US rates. Reeves consulted with concerned parties and heeded advice prior to the budget, Truss ignored advice and threw away fiscal rules. Additional UK government spending plans will put upward pressure on inflation, similarly Trump's tarrifs and tax cuts will do the same in the US so this has created an expectation of less aggressive rate cuts and consequently bond yields have increased. This is all a far cry from Truss's irresponsibly riding rough shod over the markets and central banks.

The guy in your video admits he knows nothing about finance, it's quite plain that he is suffering with confirmation bias, fumbling around for anything that might seem to support his pre-existing, ill-informed views, as are you.

Trading at a 23% discount to NAV!!

"Thhe cash is being used to ever expand their bullying tactics.."

Despite the fact that they've never invaded another country and they're surrounded by US military bases and that the UK has invaded half the world, it's definitely the chinese who are the bullies, how dare they stand up for themselves. If only they'd have used the cash to lift a billion people out of poverty within a generation instead!

"His is gonna look after his country 1st..."

As long as you're rich, white and male, the rest will suffer

"Trump has Zazz, fizz, blam and other onomatopoeias that starmer and other western leaders could only dream of having, and has the respect of despots and dictators the world over!!"

Yes because he's a demogogue who plays to the worst aspects of human nature and stupid, mean spirited people just lap it up. If anything it's a really strong argument against democracy.

"A victory in America for those fed up with wokery"

Ah yes, the hard of thinking have spoken and opted for 4 years of demogoguery, as is their wont. It never ends well and this time is unlikely to be an exception.

We actually don't have enough immigration in the UK.

The pathetic, uninformed, insecure little xenophobes will be the economic death of this country.

It's dropping back a bit after filling the gap at 19p. That was always a possibility. Should find support at 16p if it gets that far, before consolidting and pushing higher, hopefully

https://invst.ly/174d2u