The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Type... newsnow oil ... into Google and it's all negative news and Saudi cutting oil price.
Follow the fake media and you will make money.
Man made Corona virus
Crashes oil
Crashes markets
Crashes economies
Then comes along opec and Russia with no cuts.
Demand for oil is down 2.7 m bpd.
OPEC only wanted to cut 1.5m bpd.
It wouldn't have made much difference anyway.
Let the dow hit 21,000
Brent 42$
Then see where the share price is.
Wait for the scare mongering of lows oil 30s coming and the bust talk
2016 mkt caps
Pmo 110m
Enq 100m
Genl 166m
Tlw current mkt cap 322m, it can loose 50% from here.
There will be big swings to be made in next few weeks 16s -24s up and down rinse and repeat.
Quite a few on the ball posters on this board that know there onions. Some of those are all ready holders here so there extremely positive.
With 1.4 billion shares in issue private investors dont have enough fire power to move the price. Let the fooker fall then trade the swings and there will be many.
Russia is tired of losing mkt share to shale hence not agreeing with opec.
Shale and its lenders are fooked now....
Showing odey and BlackRock increased there short last 2 days.
That 27p - 23p move earlier was because of a shorter, we will see monday or Tuesday which one
They took KIE 10.00 to 60p so getting TLW down to 15p is very possible.
10p= 140m
15p =210m
20p = 280m
Pmo/enq went to 100m in 2016
Genl 166m in 2016
When brent gets to 42$ the scare stories will accelerate talk of low 30s incoming.
With 1.4 billion shares in issue private investors cant move the price, only big guns can