Member Info for The-Hat

Oil situation is good for everyone except oilers. Lower operation costs. People with more cash in their pocket. WTI is back at over $20 yesterday was a dip to contract deliveries.

Snowman
Hence why I said yet!

Thw problem is with WTI. Land locked areas such as Cushing Oklahoma have no option to take delivery and store it or sell before it arrives. With Brent its more mobile mainly distributed by ships, so if you can't take delivery you just send the ship to some where thane. That why Brent isn't suffering the same fate yet. But when all ships and all storage is full and the production doesnt match demand then Brent could end up the same.

Futures Buyers. Due to take delivery tomorrow. No storage, so can't take delivery. Needed to get rid today no choice.

Are the old Novartis Vac plants in speak in Liverpool still there?. They manufactured Bird flu and Swine flu vaccine there during those pandemics.

Well if thats the case, then a vaccine may not work either. The fundamentals of a vaccine are to provoke the body to produce the antibodies so you have immunity.

If you cant trust a betting company, then why pay attention to what they do???

I don't think they meant every thank is only 65% full. A theoretical percentage of the tank may be reserved for national strategic oil reserve. Their crude thanks so won't really have a best before date as some refined products sort of do.

FDA is always an if...FDA approval is never in the bag.

FDA approaval is always an if.

Seadoc 1 in 1000th a month eh... should only take 70+ years then to clear the back log then.

Only 3400 all I could manage for now only took 7hrs..I'll keep trying.

FaceFace,

Trying to buy all day no luck, wouldnt we all prefer a low entry price, not that bothered, buying for long term.

My post was not aimed specifically at TEK rather Pharma in general. An area I have spent 20 years working on pharma projects. Seen all types of failures, including where €400m facility designed/constructed/validated only to see product fail at final hurdle. Experience tells me even when all signs are good things can go wrong. Just dont count chickens thats all. If it was easy we would all be millionaires, well ye might be I am mist certasinly not.

Nothing is the bag until FDA says so. Things can fail FDA approval at every stage and right up until th very last minute. Never count your chickens when it comes to Pharma, so many things can go wrong.

I have been trying to buy small chunks of these since this morning, no joy.

Surely Tullow has contracted sales and not everything is on the spot market? Sales could also be local, if your buying realtively small quantitiies won't make sense to paying to have 10kt parcels shipped.

Jet market on the uk is down 75%. I would think globally its around the same.

I agree, Mexico is only a distraction, cuts are coming wheter they care to admit or not. Planned cuts are good for market sentiment.

The underlying problem I see that cheap oil is goood for a quick recovery on a global level more so for the US Trump will want a middle ground in the interim as will the EU I would imagine. Somewhere around 35-40 a barrel is the lesser of two evils especialy in an election year for Trump. Jobs=votes.