Member Info for Rookie1

How do we not know they didn’t just close the same percentage of the short with funds and held onto the the 82M incase of an RI? It seems silly using them shares to close the short when you could close the short with funds at a huge profit and then ride the issued shares (long) off the back of it and create more huge profits while keeping your options for an RI open?

That’s good to hear mate, all good signs for the unemployment figures aswell if the works there. Hopefully barc can produce some satisfactory or better than expected results and we will see 1.30-40 possibly? But then I’ll definitely trade it at that.

Anyone see the cross up in coming? Looking bullish but I just don’t know with tullow

Ignore that, I was on tullows. Getting toOnexcited today

Anyone got the t.a set up on 15 min timeframe and see this 20 am about to cross up through the the 50 and 100 together? Just need oil to keep edging up to see this to mid 50’s imo

If oil rally’s here we are primed to tag 60 p imo

Sorry “I’m” expecting, that was factual.

Expecting big draws this week!

What basing you investment decision on an rsi is sensible? Lol. It’s overbought for a reason, think about that. I’ve seen rsi overbought for weeks because of true value showing through.

What are they up to?

So why do you post your drivel here constantly?

WMMG that’s good to hear as I’m a bricklayer/ stomemason in the north east.
To be honest it’s quietened down for us a little bit but to be fair I’ve overshot prices on a few jobs I should have kept tighter at times like this so partly myself to blame.
I was reading through Taylor wimpeys RNS’s and couldn’t believe the strength of sales still coming in so that’s always a good sign, will it last? I’m not sure but looks like we may be ok for some profit short term with a bit of luck.

I was very unsure this time last month, I thought q2 would reveal horrendous results but now I am thinking the current furlough and holidays might have just bought enough time to take the severity out of it.
I’m slightly bullish for a short term trade from here and think it’s a great opportunity to sell at 1.30 by next Friday if the results do show positivity.

3% down!? What is going on here? Someone is being told to short this and keep it in a range surely?

I think PMO is due a rest also, nothing ever goes up in a straight line - look to pick up more in low 40's if it goes there

You mean where you sold at and told everyone else it was way overbought then? Stop pushing your own agenda on less confident investors on this bb it’s cowardly preying on the more vulnerable.
How many posts do you keep posting about second waves? Just give it a rest and set a buy order.

I agree us is overbought, but if oil keeps climbing so will pmo, only resistance is 60p

£12 close would be a nice start, a few days of consecutive climbs could suggest the next bag is due

To sum up that article,it might go up or it might go down. Grab me a pen and paper.

100% agreed oiluser. God help humanity if we thought this was a real pandemic

Q2 results expectation? Will the furlough scheme and payment holidays have been enough to keep everything propped up?

It was the flu from day one, just rigged numbers and media hype made it appear more. I have heard first hand that 80% of deaths without autopsy were automatically given covid death unless severely obvious otherwise.