Member Info for Rookie1

And trust me this is by far my biggest holding and I think RRE is stupidly undervalued but I just can’t get my head around why we are even below £20 never mind near £10.

I’m sorry maverick but I don’t see offers flying in? We are obviously missing something? No one has been more optimistic than me But £250m is as high as we have seen with oil at $65 with no offers so forgive me for not being as optimistic in these conditions.

Kilgeever what are you talking about? I’m not saying they have that amount of debt I’m saying they have tax loss’s to carry forward and take advantage of?

I’ve been shot down for this before but why don’t Pmo go for us? I hold both so would be over the moon with it but I feel RockRose would be the icing on the cake to transforming pmo along with sheerwater, taking full adavantage of tax credits and rapid pay down in debt over the next 4-5 years. And I feel £250m would no doubt do it in these times. Arran to come online and tie back to sheerwater hub Also? I don’t see how Pmo would have any trouble with creditors buying us cash equivalents or am I being naive?

I put it down to the shearwater acquisition, people are saying overbought based on the old pmo when this should sit at 60+ even at these oil prices imo. £1.50 at $60 oil imo

You know he’s lost the plot when he’s talking to himself.

Just checked in,Very strong today considering oil price.
Where is cash? Don’t tell me he went short last night and closed it this morning at 47 p and went long up to 52? Worlds best trader.

Look at the state of this, he will try anything, pathetic.

I do think the outlook is bearish mid term, I have a long open at 1.20 which I knew was stupid but greed got me, i hedged it with a short from 117 and closed today at 113 but I should have left it. Saying that If ftse And oil can rally Tomorrow I see a double bottom at 112 and it could perk back up and head towards 117 for a trade, it won’t be going any further though that’s for sure.

I’ll be sick if £14 is as good as it gets this year.

Firstly, I don’t think any of us on here are professional traders mate, I’m not even sure they exist sometimes.
Secondly, it sounds like your doing great and your strategy and target sounds Bang on imo,you don’t need any advice from any of us on here.

Hope we get our 60p soon, ATB

cash Rat your posts are actually quite enjoyable. I’ve never met anyone who shouts sell all the way up from 20p, buys in at 39 for around 2 hours was it? Then sold at 40 and countinued shouting sell sell sell. And here we are on a bad day at 51p?and your claiming to have called this right? Your embarrassing yourself.
Oh but you had a long the whole time didn’t you? Of course you did pal.

Second wave and then what? Let more people die because of life saving surgery and poverty worldwide? Don’t be so stupid a second wave is irrelevant.

Tool

Is he ****eee long. Remember his I’m out at 40p? The blokes an absolute told who makes it up as he goes along.

Don’t talk **** ferret, I was wondering how long it would be until you just happened to have a long on pmo. You really are a unbelievable bull****ter

Wtf happened to Brent!? Just at a scan read I see the usually whoppers are out like on any red day giving it the big licks.
Pmo has held up well so far considering the damage to Brent and a herrendous day on markets in general. 3.5% down? I’ll take that.

This time next week oil will hopefully be mid to late 40’s and pmo up in the 60+ range

AA is going to take us private at this rate, I can’t say I blame him. But the bids want to start at £20.

Oil has given up its gains for the day, I’m expecting a recovery back to $43 tomorrow though fingers crossed.

Looks like I’m just getting way ahead of myself, a month or so to be exact. You are correct. Apologies for any confusion caused