Member Info for Shpunken

The global public health crisis caused by Covid-19 has created an extreme demand shock in energy markets, with storage space — both onshore and offshore — rapidly filling up.
In the U.S., the country’s main delivery point in Cushing, Oklahoma is expected to reach maximum capacity by the end of May.
A “tsunami of shut-ins are coming,” Dan Pickering, chief investment officer at Pickering Energy Partners, said via Twitter on Wednesday.

Pain short term, huge gains long term

I see the latest bit of news has brought a lot of new experts here telling us what the company should do lol why don’t you get a job with them, that might help speed up your ideas... like I said yesterday if the nomad doesn’t deem this rns worthy (has to be price sensitive) than we won’t be getting an rns just for the hell of it... everyone needs to chill and wait for an official update... ppl complaining that IIs have sold their free shares is just plain stupid and shouldn’t be invested in aim, srr, that’s how you make money for your clients... we have plenty of direct info from nhs/ twitter to follow the story.. good luck all and don’t listen to this bull**** of mms manipulating the sp bla bla bla

Jack have you ever sold anything to the nhs? No i don’t think so... it’s the most bureaucratic place in U.K. and trust me they would’ve had to go through millions of documents to get an agreement from nhs to do a study like that.. still lots of questions remain, so I am hoping for an rns in the morning

I see this a a big positive, older ppl wont need to be in the hospital, also care homes around the country (in case of success) will be using our product. The trials so far must’ve shown that it’s very safe, otherwise they would’ve never allowed ppl to take the meds at home... am pretty sure the ITV news interview was linked to this.. am not sure where it leaves us in terms of the overall trial.. but that’s why it’s better to wait for tomorrow.. pretty sure we will see an rns

They can add a lot more as it’s obv that this is another spike based on nothing... we will not see a normal demand return for a long time now, at least couple of months, what do u think will happen short term?.. obv if u r looking past 12 months or more then who cares what happens now, the will come good am very sure of that!

News regarding heavy oil is also very good for us.. would be great to see if they are done with that report..

Government data showed production at 12.2 million bpd in the third week of April, a stunning 900,000 bpd less than its record peak of 13.1 million bpd just a month prior...
That’s still way too much, needs to be dropping in millions.. am still expecting a bad crash in may with all this rampant production

DD do you understand how placings work?... from ur comments I get an impression u don’t... why don’t u read about it and then look at the news here.. I came here weeks after the placing was announced and pointed out that some of the shares won’t be landing until now and if I understood that correctly.. ppl obv attacked me but I was right and bought in at a good price after.. the sells that we are seeing are done to bring the % holding to the correct amount post placing.. we have no other facts at the moment so let’s not start with conspiracies about the ceo or the derampers coming here to bring down the stock etc

Sure ofc they do.. you are worried about the share price and think the drop is linked to some delay or some “bad news” in the background.. and I am explaining to you that there was a placing and IIs that participated don’t want to be over exposed as some were already holders prior to this.. so for the past 2 weeks we have had big spikes on buys and also downward spikes on sells... tr1s come out to show ppl like you that the reason for the sells and the drop in price.. so instead of making assumptions why don’t we just follow the facts for now.. I am sure you would agree being a man of science

Do I need to repeat myself again?.. the point you r making has no merit.. you may be a pharmacist but I have been in finance my whole life..

Rns is issued to announce price sensitive info, what u r saying makes no sense

For the millionth time, look at the placing rns and then tr1’s and you will understand why we dropped again from 69 intraday to 55p... it’s all in there

Oil go black to school, learn a bit more about how price moves, you really need to if you are basing ur sp prediction on the assumption that investors will sell because sng isn’t willing to update investors on non price sensitive news lol

Missing out on what exactly, I hold a lot of shares here with a very low average... only sold 25% of my holding after we did 300% couple of weeks ago as I knew the price would drop considering the market situation... if this goes to £1 tomorrow believe me ill be the biggest winner, as I also hold a huge amount in ECO.. I am just being realistic, and know that atm markets will crash again

No panic sellers, it’s IIs who are selling to bring down their positions, adjustment after placing..

45p? While oil is at $20? R u high? Literally the whole market is waiting for another big drop and u think we will somehow jump to 45p short term with no news in sight...

There is a reason why API isn’t marked as important as EIA which comes out today.. oil is so volatile that any minor hope will give it a big boost.. but I can’t see the EIA numbers being good today.. looking forward to the rig count on Friday though, that should be really good!

This was out like 7hrs ago.. didn’t affect the price.. news will come when it’s ready, no need to look for something that isn’t there

1.7% reduction in total.. sounds a quick profit taking.. they still own over 22m shares

May be some news from Namibia.. I think a leak regarding tlw farm out deal would’ve pushed us a lot higher than this.. but yea something is definitely happening behind the scenes