Here we go again! There's been some massive trades going through. There's no smoke without fire. Something is definitely going on in the background. Will we break the £1 today? That is the question. GLA. Popeye.
I also went to sell some when the bid moved to 95.95p. But for some reason, changed my mind. I'm going to wait until this afternoon and the DOW opens. I also think there's more to come. GLA. Popeye.
granto - The big trades that are going through are showing as sells! They look like buys to me, because the bid keeps ticking up. What do you think? Popeye.
granto - I agree. I don't think it will be a merge, although it would be nice if it was Shell! I think it's more likely to be a private equity company. Looking forward to the company rns. Popeye.
Hottentot - Thank you. I got lucky! I'm going to just watch for the time being. But I will be taking some of the table soon. Well done on your buy. Good luck. Popeye.
granto - Well done. It's a shame that oil is dropping today, otherwise we would have been through the £1 already. Thank you for your reassurance the other day. I must be honest, I was a little nervous. Good luck. Popeye.
And if it's an investment company? Could it be Shell? Was the price dropped deliberately to allow room for this move? Where like mushrooms at the moment. Popeye.
downbutnotout. Well done my friend. I haven't sold any as yet. It's just settling down, after the initial shock wave. It should steadily rise now. Any idea of what the take out price of Ophir would be? Popeye.
It's come back a tad. I see the other oilies have moved up as well. Was it Ophir that lead the way? I'd like to know what caused it. I am so lucky it's just not true. I can assure there's no skill in it. Thank you. Popeye.
I'm up 7k! What on earth spiked the price so quickly? I missed the 96p otherwise I may have been tempted to lob a few. What's everyone having to drink?
Brilliant! I'm back to evens from my buy on Friday at 87.5p. I was 7.5k down at one stage yesterday! It should now move back above a £1 in the coming weeks. I'm sitting tight. I might be in profit today. Fingers crossed. Good luck. Popeye.
granto. I've traded PMO heavily over the last couple of months. I've made more money on them, than any other stock this year. The thing that concerns me the most with PMO is the price that the bonds are trading at. Also watching shorts that have been opened recently. Some of the funds have shorted heavily between 66-69p. Then this week the price of their bonds has collapsed! I think it's best to just watch them at the moment. Thank goodness Ophir moved up today. What's the chance of it opening higher tomorrow morning? Good luck. Popeye.
Hottentot. It's getting better. It's got to fly now you're onboard as well. Just had a little look, I'm now only 3.8k under water. It would be lovely to break the 87.5p today! I could then sleep tonight. Lol. Popeye.