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Well that was brutal going into close, I can see myself jumping back out in the morning if there’s no buy backs there’s nothing to stop this dropping quickly to 3.80

I agree Indy.
I bought back in tonight at 392 because I have a suspicion the buy backs are now live and I think when we get that first RNS of buys we will see a rally. I could be wrong.
Other than that I do agree it all looks a bit bleak with the most Labour like Tory government there’s ever been. Just shows they are both wings of the same bird.

I think buy backs may have just kicked in at 3.90 looking at the price movement. Could be wrong but will be interesting to see tonight.

389 was a big one it just bounced off. If it doesn’t hold next minor is 380 I think. If the Mac’s crosses down over in the next couple of days with no buy backs activated I can see this heading back to £3.60 but surely the buy backs have to kick in soon.

TA looks awful now, all moving averages crossing down over, support at 390 looks none existent. Mini budget looming with more tax’s on the way.
I cannot believe I’m seeing HBR back at these levels. Those shorters had inside info on the debt levels imo and knew the market wouldn’t like it.

It’s a bad do when the BOD are not buying shares back, obviously expecting it to fall further and get them cheaper. Frightening how blinded a lot of you are on here as to the real state of the situation we are in.

Are buy backs in play? Does there need to be notifications every night or can they notify weekly?

389 next support now 406 has gone

Who puts shorts on in November ffs.

How incredibly original stingaling, it’s almost as if you don’t understand the subject enough to comment anything with substance…

Is that the economy that is running out of fuels to run it? Please explain to me how the US is exempt here? And by buisness you mean global corporations?

That’s because you didn’t understand my message.
The price of oil and gas will be kept high by the west aggravating Russia and Ukraine until there will be economic collapse and the demand destruction will then take place. By then the money will have been sapped out of households and business’s and then it will be UBI for the mass’s a government bail outs(ownership) of energy sectors and everything else.

Oh well sekforde, I’ll leave that to you to tell all those people supporting family’s on £10 an hour that “they will just have to get used to it” that they bills have gone up 400%.
Which part of when their money runs out there will be demand collapse didn’t you understand? If there’s no consumers you can’t sell your product.
I’m well aware prices are not going to go down and only up, that’s my point, they want to make it unaffordable so they put these stupid tax’s on explorers to put them off investing and keep supply low and prices high.
As for your oil comment, diesel is back at £2 a litre everywhere around me, does that reflect your statement? Back to all time high as far as I’m concerned. I’m sure all the hauliers etc Wouldn’t agree with your comment.

Construction- all machines have to now be run on white diesel and not red. The added expense on hires and running costs to everything is unsustainable and it is quite blatant for anyone with HALF a brain they are hitting buisness’s from every angle. These sort of increases in running costs are not just 1 or 2% here and there, they are 20-30% in some cases.
All these while the BOE is hiking interest rates up every month to combat the inflation the gov intentionally caused through lockdowns, the whole thing is going to buckle like you’ve never seen before and you lot will still be on here blaming putin.
It’s a wealth transfer and then a demolition of capatlism. Transfer the buying power away from people and buisness’s over to the gov and the global cooperations and then have everyone dependant on the state and have all the clowns blaming Putin and not the lockdowns they forced on everyone over the ****ing FLU. There’s a reason they spent £300M on spreading covid propaganda and people still can’t admit they have had their pants down.

It’s all affordable while the oil and gas prices are UN-affordable for the mass’s. What happens when that money drys up very soon and the WT is still in place.

Spoiler alert:

THEY KNOW EXACTLY WHAT THEY ARE DOING!!

Support held, just. Are they using buy backs or not? No notifications? Or are they saving them for if we fall further?

The only conspiracy theorists are the ones who still believe a government works for them and believe they want a thriving economy where buisness’s can support themselves and provide income for shareholders. This is an intentional demolition, they want you dependant on them for your income.

Oil flying and this going backwards again. I expect to see shorts increasing and this heading back to 3.80 once 406 support breaks

I don’t like money anyway

With 20kshares for a trade at 412 this morning.
Don’t know why I try and trade this I’m absolutely ****e at it.

I wonder what globalist sunak has been told to do by his handlers today.
My guess is tax O&G further to kill off any investment and keep prices sky high for the consumer. It’s the only way they can get the people to transition to their green agenda where people’s freedom of movement can be turned off at the flick of a switch.