Member Info for Shpunken

Keep an eye on the unemployment data which should be out at 12.30 uk time... this can have a huge impact of the numbers are bad, or can have a positive impact if the numbers are better than feared.. same goes for tomorrow’s oil inventories..

This is now the second time that she has done that, and I don’t really understand why... surely it would’ve been beneficial to come out and explain why they did that, just to look professional... today and tomorrow especially will be a very tough test for us, if we manage to pull through Without dropping more than 30% that would be a very positive sign!

That would be a dreamland if shorters get banned, but wouldn’t count on it.. the reason why they thrive here is because they know what to expect.. if proper strategy is put in place they will disappear very quickly from here, and that’s what I hope will happen, but first we need that deal by next week and after we need to see progress on our ceo hunt.. that will give us a good base to sit out the virus hysteria and hopefully some asset sale deals by end of summer as well to push us to a very strong 4th quarter

Can see saudis caving as well, but not yet.. if the inventory numbers tomorrow will be really bad then I can see saudis being pressured over the weekend to come up with a solution next week.. hopefully it will be sorted soon, this will be very important long term and will set a new floor which was needed instead of the idiotic cash injection which companies can’t even properly use

US urges Saudi Arabia to 'rise to the occasion' and end its oil price war with Russia... about ****ing time!

Futures in London erased earlier gains to trade down 3.3%. The boss of Vitol Group said demand is down about 15 million to 20 million barrels a day and will shrink further with India’s decision to go into lockdown. Prices had earlier rallied as the White House struck a deal with Senate Democrats and Republicans to provide $2 trillion of spending and tax breaks.
Arabs and Russians better come to an agreement very soon or we are all ****ed

Finally someone with common sense

Wasnt*

Lol was referring to u

Lol I see we are resorting to name calling, running out of reasons for argument? Cold feet? If this keeps going up, I am more than happy, if it drops I am also happy.. I don’t need to sell, and won’t sell, not sure why some of u don’t get that.. I am not here to trade small, here for the longer game, and can see cashing out by the end of the year... so keep writing ur idiot comments it won’t change the fact that in the next 2 days data will show how bad the damage actually is from the virus and that will burst this current bubble...

How am I confused, I buy low and will only sell when it reaches my target of 70p or above

Never shorted in my life... u will go very quite when the markets crash again.. This mentality of calling ppl shorters when they are pointing the obvious is really getting desperate tbh... for ur info I did buy at 8p, and haven’t sold a single share and won’t sell even though I know I can bank profit and buy again when this crashes... i will buy more when this drops to 7p, and will make sure to point out my trade just for u

Tomorrow a lot of data comes out, and the fall could be spectacular, the biggest yet

Perfect example of what I was saying.. this vulture knew that the rise is not sustainable so he sold and so will others in big numbers... next couple of weeks will be very painful for the clown in the White House

Government is thinking of shutting down construction for the next 2 weeks in UK, that would be diabolical for the markets... trumps strategy is extremely stupid and premature, why couldn’t they wait for 3-4 weeks and when virus numbers would start to drop like in China, announce all measures possible and pump the markets with cash and enjoy the recovery... all this will do is make traders even richer and now they will crash the market again ffs

All they did is make another bubble.. what are they going to do when more bad news hits the markets for the next few weeks?... traders will sell on the rise and then wait for the markets and oil to crash again

Trump is trying to save his ass buy pumping stupid amounts of money into a non existent economy... long term this will have a negative effect and will create another bubble... let the markets hit bottom, invest in hospitals and help people and not greedy corps.. by September everything will normalise and we will enjoy our recovery and profits.. all this will do is create another potential financial crisis

All the talk of pumping money into the markets is too soon.. businesses need to be open and operational to benefit from telegram support.. US is about to be hit hard and for the next 2-3 weeks they will be doomed.. but ppl that are saying oil won’t recover, are in their la la land... y summer Europe and Asia will be bk to business, US will lag a bit further behind, but the last quarter of the year will be extremely strong and we will be bk above 50p by that time, am certain of that... throw in few asset sales during the year and we will have a very strong finish!

That’s the reason for the rise... they are cutting unnecessary costs etc

Lol what misery, I am extremely optimistic, there are ppl that are saying we won’t see a profit for the next 2 years etc.. all I am saying is the doom and gloom will turn a corner very soon and the markets will start to price in the potential once again, and we can all enjoy the ride once more!