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I thought we were destined for 50p plus, after the RNS? This is typical Tullow sp reaction, decent RNS, sp drops. I think the only thing that'll have a positive effect on the sp, will be black and white, end of year financial results, but then again......
I subscribe to wall street investments and read there last statement and t saying it's share price is 19.57% undervalued. If there saying that, then I definitely believe there's some manipulation going on, as they usually wouldn't give Tullow the time of day. JMAX do you think 44p is a fair price for Tullow?
This shares performed abysmal in the last 4 to 6 weeks, with no justification. The Rns was good, poo at an all time high, debt refinancef and projects in the pipeline. I'm very suspicious, a typical wall street tactic of walking the price down for a takeover, hopefully not, but makes sense
This is what I've notice, big jumps in poo, small increase in tullow sp, little drops in poo, big drops in tullow sp, firmly in the hands of day traders , shorters and MM, until last week, I thought Tullow sp held well. I think its going to take time and it'll reward those that's patient with a £1 plus sp; buy it will take time. If your in a rush to make a quick buck, look at gamestop, look at those trends and buy the Dips, sell at 40% up, its slowly making its way down to $156, good entry point.
A good end to the week, above 51p, I'd of took 50p all day long. I've been looking at the correlation with poo and the sp and I've been impressed, usually a couple of pence drop in poo equals a 2 to 3 pence drop in the sp, with no recovery, shorters/daytraders taking advantage, this has held out really well. Have a great weekend all, and let's look forward to next week
I'm really confused with this share, another positive update and we've dropped, although all oilies have took a hit. Last time we had a positive RNS, we dropped massively, what will it take for the sp to go up? A little drop in the price of poo and we drop, 3 or 4%. I'm long term, but just following it and watching the sp behave the way it has, is annoying to say the least