Member Info for TimmyG

I wish I had more cash to buy at this price. I distinctly remember hitting 49.5p on the way up and being ecstatic. Of course 60 was really lovely but nothing goes up in a straight line. I am holding and I am sure this will rebound with oil. It is inevitable. I've sold low and missed the bounce and had to buy back in much higher before so am happy to stay put. If none of the other oilers were struggling then I would be very worries but they are all in the same boat. Hold tight and GLA

All the oil companies I monitor are down over the past month after making some really good gains. Tullow has outstripped them all on gains and has dropped back a little with all of them. Too much over thinking and muppetry going on with some on here, especially Mr Happy the gifted musician who changes his tune all the time. Look at any company which is on the up, there is always a re-trace with profit taking etc on the way up. Tullow is in great hands with Rahul, it’s making money and has its debt under control. In 6 months time this share price will be an absolute steal. I’m holding and truthfully haven’t felt more comfortable with that in a year. Keep the faith.

I make it 56.26, quite a drop at the end however if Poo continues to rise I am expecting these to jump on opening Monday morning. I felt very fortunate to get back in after panic selling half yesterday. I waited patiently and got back in first thing and got a few more shares to boot. Phew, lucky! I resolve to be more steadfast. This is looking brilliant to have held as well as it has today, we are the only oiler on my long list to finish blue :0)

Ahhh Slift , welcome home! So much has happened since you’ve been gone. Mainly the SP rocketing! Nice to have you back, just like the prodigal son I a, sure you will be welcomed back with open arms!

I did the same but haven’t got back in yet. Still have half of my share portfolio here. Was thinking I needed to diversify as I had all my eggs in one basket which I know is not wise. Feel really stupid now, should have practiced what I preached. Personally I’m now holding for silver!

Oil price is back up to the same price as it was at 10am when we were 59.4p. Let's see how we recover this afternoon if it continues to rise. Don't get caught out on a quick bounce back...

Oil rising again. A rise back up to 58p is far more likely than a plummet to 52p. When it shoots back it will happen as quickly as it fell. Seen it so often with this share. Day traders making money and MM's storing up some cheap shares for the inevitable poo rise. Hold fast, hold for gold!

They are having a good go today! Talk about a tree shake, it feels like a few branches came off! This will be bounce, the oil drop doesn't justify this in my opinion.

True..ish. I think it may reflect more how many day traders jump on this share to make a quick buck. The majority of share holders are long term holders who hold but the 15-20% or so day traders make a huge difference. If everyone held on to their shares we could wait until it gets really high and then I'll tell you all when I am selling :0)

HalilKD, where did you come from?!?! The shorter factory? They are pumping them out now!

Happy did you close your share at 56.44 or are you still 'hold for mould'? Could have been the perfect and hopefully the last time to exit with profit. Seen these kind of drops and rebounds in a day so often with Tullow. My commiserations to those who panicked and sold, live and learn, they want your shares! This is a new season for Tullow.

Whats your break even Jubilee, genuinely want to celebrate with you when we sail past that figure. All the very best, hate seeing anyone underwater in Tullow.

I don’t agree with Happy on his analysis but nothing goes up in a straight line, this will dip at some point and he may make a few quid before the bounce. We are all taking an educated risk and have a conviction to hold, sell or short based on our research. At least Happy is doing his. I’m guessing even those who are expecting to hold very long term have a point where they will want to sell. The tone of this group has been superb of late, the info shared really helpful and I for one am ‘happy’ to see balanced comments from people who have been clear about their strategy. Happy has been very clear he is shorting. I think it’s the wrong call but I won’t gloat if he continues to make a loss on his short, he is upfront and much more honest than those who sell up and then start to subtly de-ramp in the hope to buy back in cheaper.

How can you tell that at this stage? (Ftse 100 opening up over 1%)?

As I’ve said often on this board don’t be caught out by any drops this week. The MM’s will try and take drop the SP to take out some Stop Losses and let their shorter mates out while the price jumps immediately back up and higher leaving the small fry to wonder what just happened to their shares! Our shares are in demand and the time is coming where this Sp could go up 10p in a day when it gets over £1 don’t get rid of them cheaply!! GLA, hold for gold! :0)

It’s so good to hear those who suffered from the horrible drop starting to get back into profit. Genuinely delighted for you. It must have been a very torrid time. Fair play for sinking more cash in and having the faith it would bounce back. I still think Tullow is undervalued. Holding and happy knowing I have a really decent buffer for the inevitable bumps along the way. GLA

Some games going on today. So many factors to see this tick up and potentially jump up. Brent up, entrance to the FTSE250 tomorrow and a potentially massive oil discovery. Not a time to be slicing and dicing its hold for gold time. It's a good time to be holding a chunk of Tullow shares! GLA

Delighted with the markets response today. There was a time in the last year where Tullows SP could drop nearly 20% on updates. If this finishes in the blue today with the drop in oil price it’s a huge sign that Tullow is stabilising answer becoming more and more attractive to investors.

This is actually quite a negative article saying the SP rise is over extended. I disagree, plenty more tread on Rahuls tyres!

Will the Ftse 250 news make a difference SP wise tomorrow? I haven’t been in a share that’s moved up before?