Member Info for shawz007

Blue Monday

Its the uncrossing trade, doesn't count.

The mates have their rates now. Up we will go.

Surely the sharks have had their fun. Time they moved elsewhere. Nothing to see here except a slow upward momentum.

Perhaps it inches it closer to having value, but if the ground to cover is miles... again... not sure it helps. I'd like to be wrong.

Oh well, I don't see it as good news then that some expensive grades are more expensive. But if I'm wrong, great.

Auson, Sounds good. I wasn't aware Tullow produced any of this premium $100 stuff.

Not sure how that helps us though

It was cited that some premium oil has got expensive at $100 a barrel. That oil doesn't represent the mass market.

Bit like saying you can go out and buy a private jet to get you to New York. You can, and maybe those prices are up, but that doesn't change the price of a cheap economy ticket on a cut price airline that represent the real bulk market for flying to New York. Sadly no $100 oil soon. But we don't need it.

Hundreds of shares will be on the move up or a down a bit today and for each company there's no discernable news.

Some smart arse shorter should take Buyhighselltullow

Worked well in 2017, if you sold at the right time afterwards. And I sti think we'll be over 130 eventually. But I don't think they'll be one. No pressing concern to do it this year.

Wait and hold.

You've got a lot of shares, while it may not be a comfort you've clearly done well to be in the position to hold so many. Assuming you aren't very old or it's all your life savings and you've remortgaged your house, I'd say you are in an exciting position.

Wait and hold.

I hope so, but this feels bold. Saudi can turn on the taps at whiff of any supply constraint

Nope

yeh. screw all in. 141.6 p by Easter anyway so sitting tight.

This bigger picture stuff? https://www.ft.com/content/8a12bdea-3783-11ea-a6d3-9a26f8c3cba4

BP and Shell I think also down versus fundamentals compared to a few years ago

graph looks like yesterdays so far but nearly 10p lower. We know what happened next... :(

I've put in £17k at an average of 141p. I've got an option to go all in with another £67k. I'd then sell out 95% at 60p, if I buy at 51p. Keeping a few thousand shares in hope of something incredible.

Good idea? :s