Member Info for Stupmy

YB, wait for it, wait for it!!

Happy NY all, see you all on the other side (tomorrow)? But more likely a little later for me. Off to the mountains to spend NYE with friends at their place. Hope you're all having a great time already and looking forward to something special this evening.

Frac the hollywood clip is great. I'm not sure it won't pay for itself over it's 20 year lifespan though. It just might do if the price of electricity increases the way it'll have to if we curtail O&G production! It'll pay just fine. And we'll all feel that!

Just looking at the last part of Swazer's chart (Aug 30 to now) it seems to me that a close above 12.7 looks quite exciting. Beautiful double bottom pattern with a logical target (hit 50% of the time; although the efficacy of logical targets on patterns changes over time) of 15.15ish. That doesn't make obvious sense on the chart, but 15.85 or higher does. My own view is that a close above 12.7 gives us a good chance of 17p or more. As I stated previously bed and breakfast rules mean I can't add, but I also have some downside concerns and I hold millions of shares so even without b&b rules I'm not that sure I'd be adding. If we did see a rejection of 12.7 and drop back to 10.15 and b&b timing was OK, I'd be adding a reasonable number of shares on this.

Easy to imagine low volume during this period, but volume seems ok. Also other stocks are being sold so I'm not sure about that Paul. That's not to say I'd be surprised by a fall back, I wouldn't. Could it be speculation re Apache's assets / Kraken?

Rising on moderately good volume this morning. I can't add for bed and breakfasting reasons and also I still worry about a potential dip to 10.15 or lower, but it is looking encouraging this morning. As far as I can see ENQ is not exposed directly to Jocelyn South. Anyone see any news that's relevant?

HBR's transformational deal hasn't done them a lot of good for the moment! It's a funny old world.

Looks like I nailed the top of this little rise to buy my first shares!!

I suspect I'll regret this, but I've started to buy HBR, I still think 235 or even 220 or below is entirely feasible, the current price is difficult to ignore also.

To be fair Pt, 400 dollars profit isn't that much for a diversified company like TLW.

Just received this notification. Bearing in mind that Kosmos have already said they won't make an offer, it seems a bit late arriving!!

Tullow Oil plc has announced that it has received details of a possible takeover offer from Kosmos Energy Ltd. If the offer becomes official, it is expected that you will be given the choice to sell your shares to the new company with no dealing charges.

Kosmos Energy Ltd. has until 9 January 2025 to either announce its intention to make a firm offer, or to confirm it does not intend to make an offer. There can be no certainty an official offer will be made.

To view the announcement, please copy and paste the link below into your web browser:

https://www.londonstockexchange.com/news-article/KOS/statement-re-possible-offer/16809964

I'll not put a time on it as I'm not an options trader, but it looks more likely to me that we will see the SP move to 348 or below and probably 320 or below. I've held this view for quite some time, thought I'd missed the boat by being patient (big rise), but now see it's back on track for further falls.

Persiantrader, by the look of your posting history, you've had an interest in TLW for a while, did you actually ever have stock in HBR? That's a serious question as it looks more like an advert for TLW rather than that you truly sold HBR to buy TLW. Regardless of that, your timing looks to have been impeccable as the SP in TLW (which I also hold) start to rise a little.

Nicely called out Aim, conflicting looks more like 'fantasy' trading from what you've written!

QB it doesn't sound ridiculous to me. Once the price dropped below 220, I started buying. Sadly it moved up quickly so my two buys probably average 235. But newsflow could have this back down or flying up. Medium term it all looks to favour the upside to me. Any decent drop and I'll add

No problem, one way or another we're here for the same reason. It seems likely that the upside is more important than the downside.

Jim, I wasn't even looking at it before the drop. Even if I went back to look for signs before it happened and found them it would more than likely be just wishful thinking. But looking to the future is different and much of what I'm saying is based on price structure during and since the drop. So my interest was in a good company with a massive drop. To me that looks to give the potential of a very good entry price on a company with a good chance of recovery. I don't discount the risk of the price falling back and now that I'm interested and have a rough idea of where 'value' (not accounting value, but charting value) is likely to be, I'd rather buy that value than buy here. I've already taken profit and am now out as I think it will fall back. But I can't see the future. There are some knowledgible people on this board posting information of value and I think they're mostly positive. There are also people who have no clue what they're doing and they are also positive as they follow the knowledge. That in itself gives the market free hand to take your money. If that happens, everyone can say 'well, I didn't see that coming' etc, but the markets are not a game for the weak minded, yet the weak minded fill the markets.

Well, first of all, no-one can see into the future, so I could be miles out. If the price were to close over 68.4 (that's bullish triangle top) I could see a rationale for 77.5. At the moment I'm not seeing 100 (but not saying it's not possible). For me it's now about time, newsflow and liquidity. Any hint of bad news and I think 52-53 becomes much more probable. I think there's plenty of room for that to happen. I should also say, that I'm not wedded to WG. I'm watching for certain things to happen in a number of stocks. If one happens first then I'll start accumulating there. I don't care whether I make money on WG or elsewhere, but I do care about being trapped in negative positions. I still believe there are significant risks here.

"To all longs.

You are not alone! Jamesoxford has joined in to share the pain. After his purchase ar 14.80 🫣 imho"

I could be joining JO very soon. Just dipped my toes in at 14.07. Bit speculative, but maybe it'll work. I think that we need to close today above 14.2 to support any sort of turn around.

'constantly'? Wow, do you dream about me?

Do you think that I should buy a position here, despite the fact I think there's a good chance of further falls, so that according to your logic I have the write to contribute to this board?

I'm assuming you have absolutely no rational method for assessing your entries, as such you sit on losses a lot, shi tt ing yourself, then if you're lucky to get back to 'breakeven' you close out? Is that why you call yourself 'breakingeven'?

You're a star be, a real star.