Member Info for Shpunken

Pmo is the most shorted stock and there is a reason for that

More like below $27... if you seriously believe that oil is on the way up u need to be banned from trading for ur own good, cause you will be just gifting money away...

Breakout? Seriously? So +1.5% is now considered a breakout lol remember no cuts until may and the virus lockdown numbers are only getting bigger.. won’t be surprised to see a build up of over 25mb by next Wednesday... Unemployment data will only keep getting worse until the lock down is over.. that’s at least another 3-4 weeks of horrible data hitting the market

Last 3 weeks API numbers.. 13mb, 15mb and yesterday was forecast 11m but came in at nearly 20mb! Short term it will be painful to watch.. but then again a better opportunity to buy at rock bottom again.. Tlw will be fine long term so there is money to be made here

Post corona/July? Lol I take it u haven’t been watching the news.. Germany announced yesterday that bars/clubs/restaurants/cinemas will be closed until august 31st... Italy is thinking of doing the same.. entertainment businesses accounts for a very big % of the economy so while that’s shut energy consumption won’t recover.. Last Q is our only hope for the consumption to recover to good numbers and for the oil to start trading again around $40.. unless oil production drops naturally at a much quicker pace, this summer won’t be good for us..

I think a bit too soon for that.. most likely 12p finish next week.. only question is will it drop below 12p after the rbl has given us a more solid ground.. technically it shouldn’t but with so much bad news to come (from world economies) we could be dropped further down, very short term.. will be waiting for 12p to see where the market sentiment will be by then

Everyone needs to chill, wait for the bottom, but and wait.. Tlw have big assets, good revenue stream.. the minute lockdown is over markets will start to price in the potential.. this drop was inevitable

These are shares that were meant to come on the market today, but it’s a non event

Won’t go bust, that’s just crazy talk... bounce of the support 17p was very good, but doesn’t look like it will last long.. we are heading towards 12p, but honestly couldn’t care less, will just buy more when it hits bottom as I sold 25% of my holding just in case that happens... just sit tight and wait for the corona update, the minute we get some news regarding time lines of countries opening up for business, this will get priced in and we will be heading north again

Is holding up well.. was waiting for a bigger retrace but am happy with 68.7.. will get another 50k if it drops more, if not, will be buying anyway.. may could be spectacular

Young, I take it u don’t understand that there are several support and resistance lvls which get broken all the time on the way up and down.. 23.7 was a strong support, that’s not my opinion that’s what the software says.. if u don’t understand something do your own research first otherwise u look like a muppet with your “accusations”

This drop was inevitable, only surprise is that it took 2 days instead of 2 weeks... until we see a clearer picture on the virus, oil stocks will be all over the place.. this is now the only thing that matters to us... currently -24% 17p bid.. looks like 12p is now a reality and I am certain the new bottom

Where is the 40p tomorrow brigade lol 22p isn’t a good place, next big support is at 17p... hopefully they will make some positive announcements, really need a ceo update!

So that’s 29m shares, so technically an intraday quick drop to 58.5 is a possibility... tomorrow will be interesting

If the Resolutions are passed, Admission of the Conditional Placing Shares and Subscription Shares is expected to occur at 8.00 a.m. on 15 April 2020.

Explain this then...

Calm down, jeez, I am just asking regarding the latest issue, I don’t want to jump bk in at a higher price, nothing wrong with that... it says that 40m shares will hit the market tomorrow, unless I missed something... could someone apart from the ****** brigade clarify that for me pls

Tomorrow 40m shares are hitting the market? Anyone?

It would be dream come true if Exxon farm into our acreage, but I am not sure that will happen... I am still waiting to hear from Total, they’ve gone a bit too quite... We need to ask about jethro and joe, when will the final evaluation be available for us all to see

Sold, will be waiting for 66.5... glad I came here on Thursday... bound to be a retrace before another leg up, the potential is still big here

Actually i think it would take a lot less time than 2 years.. when the virus is no longer a threat we will see economic activity on 1kg of cocaine... a lot of cash has been built up in the past 2-3 years, so now will be the best time to spend it on projects.. surplus will be gone within 12-18months tops from the moment the virus is no longer an issue