Member Info for ShrewdDude67

People seem to be ignoring the chief medical officers warning that he doesn't see an accurate (enough) anti-body test for quite some time.

Seems like time to take profits here. Smart money cashing in.

The reason everyone is here is to play for covid19 anti-body test kits, lets not kid ourselves otherwise. If that doesn't quite happen because of reliability issues then someone is goinf to be left holding the baby here.

Be careful, very careful.

The way the market makers are treating this share is a complete joke.

very strange price action for last 2 hours or so.

Price has been squeezed into very tight range. Question is will it breakout to the updside or downside??

Yep! Agree TLW looking a safer bet now. Better hedged and $1.3bn liquidity after recent asset sale with more to come anytime now. Too many shorters sniffing around PMO also.

Wouldn't be surprised to see a takeover tabled for Tullow either.

Be careful of the pumpers and dumpers now. The smart money will be bailing out here now waiting to get back in lower.

The rinse and repeat brigade.

Also, just imagine the drop here if the accuracy of the anti-body test isn't up to scratch. Wouldn't want to be left holding the empty bag if that RNS drops. And, it's a possibility.

All I'm saying is, be careful and top slice on the way up.

Bargain of the century this share.

1. Fantastic hedges in place for 2020 + 2021 against low oil prices
2. New CEO appointed with African connections + know how
3. RBL sorted for 6 months
4. Asset sales already begun with $575m disposal plus royalties - more to come
5. $700m + $575m = almost $1.3bn of liquidity

When demand gets back to normal and the cuts kick in you will see a supercycle in oil and $100/barrel later this year or early next year and Tullow will be back above £1

And, don't forget the ever present prospect of a takeover bid from CNOOC or Total or Sammy or AH

Forget the short term noise, this is a no-brainer.

Extrader, I also had an email response from him early last week explaining that they've had to focus on getting everyone back in the office from China and that an update will be released very soon that will contain details of progress of recent+current workstreams.

Some huge buys went in after the uncrossing trade including a 1 million share buy at 28.6p.

Bodes well for tomorrow.

This is looking very strong here now.

Here comes the pile-on. 30p incoming

Up she goes. Lots of buying now on the sales ticker, some big ones too!

This has the feel of a coiled spring just ready to breakout on the upside. 28-30p close here looks nailed on.

I expect Sammy will be busy buying more in the background too.

Poker, I suspect 12 months from now people will look back and kick themselves for not filling their boots at this time.

Seriously.

US oil companies looking strong on Dow futures. Bodes well for this afternoon.

One tweet from Trump about Iran and BOOM off we go to 30p

Tullow is now looking leaner and meaner than she was back in Dec.

1. New CEO sorted
2. RBL sorted
3. Asset sale sorted
4. Very well hedged production for 20-21
5. Goldman buying in.

Last chance for these cheap prices - 50p+ by autumn

What amazes me is how well wood group are doing compared to PFC bearing in mind their debt mountain. PFC is largely debt free at this time.

Can easily see 28p close here today and 30p+ tomorrow