Member Info for Rookie1

Commandokai, I totally agree and have always thought the same, however Labour have lost all of their green haired nut jobs to the Green Party and others now anyway so they may aswell pull in some extra tax revenue by getting drilling again and prop up the herrendous unemployment reports that just keep climbing.

Did someone say 1,000 jobs a month are being lost due to the EPL?

It’s frightening it takes this long for the clowns to realise.

Wondering if I missed the boat. However mad ed is hellbent on destroying uk oil and gas industry. Also not sure how much dividend will reduce. Is oil going to fall soon with Trump determined to keep it cheap and potential Iran deal. Still alot of unknownvariables for me, might continue to wait it out until at least after results day despite upside risk

I would be very surprised if Iran don’t get attacked by the U.S. trump is pushing the decision onto his son in law to try and deflect blame and save his plummeting ratings. Jared kushner is a Jew himself, they all know exactly where this is heading and Isreal do not want peace. The lunatics think they are the chosen ones and everything is promised to them and everyone else is just cannon fodder.

Good work, syn00GOLD. Thankyou for that

If the EPL gets lifted HBR will be £4-£5 very quickly.

What colour is that!???

Forgot to add,

Good luck all.

Hi Mr A, yep back in the grove and back in a decent profit from my recent trades, Barcs has been volatile so I’ve been able to take some longs and shorts and trade the swings.

Reading your TA analysis there and I was seeing the same with regards to 437p area, but i also think it would take some seriously bad news to push that low now. Maybe orange man bombing Iran?

I see a good oppertunity for a quick long from these levels but I don’t see Barcs getting too carried away and hitting anywhere near £6+.

Everytime I think I’ve had enough of BOR she breaches 10p and sucks me back into the dream.

Thanks,showmethemoney.

Long or short I hope we can all somehow make money. Hopefully trump eases up on the tariffs and Barcs can push back towards £5.

Angeleye1, I’m sure you will get back to £5 soon enough with the money Barcs has set aside for buybacks, I hope you don’t panic.

Personally I do think the whole market is too heavy, and although Barcs doesn’t look overvalued by most metrics I think the market is looking forward and thinking we are seeing alot of the same problems as pre 2008. I know I certainly am and I’m in construction.

You sound emotional mate. If you can’t control your emotions you can’t control your money.

Short closed this morning. Hopefully buybacks take it back up so I can do it all again. 🙂

From 5.5-8p? That’s a rise roger the profit dodger.

I don’t get what you mean DSRT? Barcs was £3 this time last year but I was referring to the FTSE.

Chronically overvalued because the U.S. is that overvalued their money is spilling into the FTSE and pushing that up.

Everyone thinks it’s rosey though.😂

I will get a grip, up 24% in 12 months and 66% in 5 years and you think the FTSE isn’t overvalued? Lol

Based on what? Printed money and over leveraged home owners…

Sitting duck, I fear those prices are only possible in a world where we are all living in fear of being nuked. I don’t see how anything over $100 oil is possible anymore with the amount of supply that is available to turn on in the world.

Exploration and developing fields has definitely declined but if oil hit $100 oil now then global economy’s would grind to a halt very quickly and demand would soon drop as a result. $75- 85 is the sweat spot for me.

OTM has never owned an IMM share, FACT.

FTSE once again showing how detached and delusional it is to the real world events. 0.04% down today. What worry’s me is when it actually gets a reality check where does it take shares like Barclays when all their positives are already priced in? With no catalysts to rise and a pretty lowsy dividend I think Barcs will be dragged lower with it.

I thought this would happen. Trump is like a child and that special relationship is gone. For once I’m actually glad starmer denied them use of our military bases.

This is the downfall of the U.S. as super power imo. Europe will come together (although I’m No fan of the EU either) but America is just isolating itself and everyone is turning away from depending on them or even investing in them.

I see Barcs heading down to £4.40 support area over this week.

20 day sma is 478 and 50 day is supporting at 475. Very tight now on the charts and it shows by the price bouncing around from 476-478. a close above or below either one will give us a clue as to where Barcs is heading.