Member Info for Skindle

Did you buy any shares earlier BUYSELLREPEAT ?

Well spotted BUYSELLREPEAT ! The clue was in the glaring sarcasm.

Shocking volatility today. Hoping for a quieter day tomorrow !

OPEC + meet virtually on Sunday 4th December to discuss output. The decision from this is more likely to impact oil prices, not the Russian oil price cap. To suggest I am playing dumb is beyond your judgement as you do not know me. Please refrain.

There is no mention of a reduction in supply. Russia will continue to produce as much as it can, as will the US. OPEC + have not said they are planning on a reduction.

Not sure I agree with you there BUYSELLREPEAT. Negotiations for the price cap have been going on for days, the market will already have anticipated this cap of the Russian oil price. Russian Urals oil was trading earlier in the week at $65-70. The price cap that has been agreed is $60. This process has been enforced to reduce Russian income and reduce volatility in the global oil price. If anything I can see the global oil price falling particularly in light of the fact that oil production in the US has reached the highest level since March 2020.

Marble Bar Asset Management LLP yesterday reduced its short position by 0.57 per cent or approximately 4,320,000 shares. This is a similar amount to the number of shares apparently bought yesterday after hours.

Looks like we are stuck with a share price beginning with a 3 for a while longer then !!

30-Nov-22 17:24:23 389.38 1,208,803 Unknown* 387.40 387.60 5m O

EasyJet EZJ.L : HSBC raises target price to 440p from 380p.

Not a good second half to the day. I must admit to being very nervous about the results tomorrow. The trading update in October was very informative but that now sets an agenda for market expectation. These figures won’t be as good as Jet2 but let’s hope they at least send the share price up if only by a few pence.

HSBC raises its target price of EZJ to 380 pence from 310 pence. Is that in response to the fact that the price is already at 380 pence ?

While there was a difference in IAG and EZJ share price performance today, if you look back over the last year the share price of both companies move in a remarkably similar fashion. Both companies are reporting strong demand for the remainder of this year and into next so I expect the share price of both companies to continue their upward progress in the short term. HSBC today raised its target price of the company to 165 pence from 130 pence, every little helps !!

Oil, it’s not all bad, Wizz and EZJ are well down today and IAG isn’t !!

Not sure I agree with your assessment, IAG break even for the day, Frasers Sports well up. Advance bookings at EZJ are still strong which would indicate people are happy to spend their money well into 2023.

I don’t get it. Buys outweigh sells, yet the share price is down over three per cent. It looks like we are being dragged down by Wizz.

For what it’s worth here is the latest update from one of those silly forecasting websites.

EZJ closed up 0.05 percent on Monday, November 21, 2022, on 83 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Curious five pence rise in the last minute of the day yesterday.

Worser ? Not come across that one myself, must mean something to the poster.

The £4m buy was the uncrossing trade and means nothing.