Member Info for sparky333

Volume is terrible yet POO has rallied so hard. Defies logic.

The volume offset is huge the last few trading days. Would not be surprised to see some GKP holders move over the Genel soon.

Can’t log in anyone got this issue today ?

Has reversed again and heading to $80.

Volume picks up, up she goes

AS with all these things when one thing collapses another rises from the ashes, Gold is the one to watch and start slowly moving into once the warning signs start to appear. All good at the moment and I can see the DOW hitting 30,000 in the next couple of years.

But as things unravel and the DOW collapses to under 20,000 Gold stocks will fly as Gold hit 2000 and maybe even 3000 if the recession is deep enough.

Cheers

Now come on Genel get your finger out POO is heading for year highs

No signs yet but my bet is UK housing market collapse will trigger a UK recession coupled with Brexit. This will infect the EU and lead to a Global recession/depression as the EU collapses in the next 3-7 years.

and the most shocking thing when the next recession comes, the Central banks have no tools left to the fight it ie interest rates still at historical lows across most of the globe.

The next recession could be worse than the great depression and last a generation. When poverty and unemployment is on its knees like this Great war starts to clean house.

scary stuff.

With oil alo0most back to the high of year, Genel should be pushing 300p as the market is starting to warm to Kurdy oiler as seen by GKP recently.

So I would expect at least a 5% rise today and touching 300p towards to the end of the week.

Obviously news could drive the price significantly higher depending on the type of news.

Incredible to be honest.

3 missles just intercepted again over the capital.

That would be one hell of a drop, any particular reason for that guess when POO surged nearly 5% on Friday.

I am just curious.

Well oil surged and Genel let me down as we should be pushing 300p. With POO certain now to rise to $80 I am going for a good week and 295p

And we get marked down Down 4.5% on 350k Crazy and she will bounce back hard under volume mark my words as I expect a surprise tomorrow the market are pricing all pumps turned the max.

Look at the likes of HVO and FARN just flooded with gamblers the last few days. Not many people invest these days just short term day traders on CFD's and stupid Algo programmes driving share prices then all of a sudden someone realises a stock is undervalued and unloved then boom like Genel. I have been know to lose patience with stocks sell and really regret it afterwards ASOS my greatest mistake back in 2000 the rest is history now and if I had held my 100,000 shares would be worth 6.5M today. just remember Genel has effectively zero debt and churning out the cash not many stocks like that around and I really do believe there will be no gas deal as Genel will be bought out lock stock and barrel but the developers of the Gas fields.

OPEC will raise production but not as much as expected. Demand is outstripping supply and we still have in many countries years of underinvestment in aged fields which I feel we are about to realise, never mind shocks to supply from Libya, Angola, Venezuela, iran etc. The oil overhang is clearing very fast and I would not be surprised to see $100 oil again in the next 18 months.

The drop from 290+ to now has been under very little volume so no cause for concern it is when you drop under good volume. 196K shares today and down 2.5% only 1 day since the end of may have we done more than 1M shares and interesting to note we always seem to rise on good volume and fall under poor volume.

But there are legal requirements to report a significant holding. Unless your golkana trust and wait 6 months. That was the last straw for me and GKP. 10% bought and no holding RNS after 3 weeks is madness.

Why we have not got an RNS statinrgg who picked up the 10% holding. Been 3 weeks now.

That is all Genel is doing at present, she had a significant rerate and now paused for breath. Nothing more nothing less. Another 27M in the bank thank you very much, not long until debt free. Now how many oilers are debt free ???? errm not many.