Member Info for Tornadotony

First top up.

Yes it was a joke about a sea of gargantuan opportunity.

We shall soon find out as LSE can remove the post. I made it rather easy for them.

Will it back fill to 109p for all the trucks to back up and everybody gets cheap synairgen shares on Monday. Stop ramping the shares as many people will want a bargain tomorrow before the RNS drops and they miss out on the huge rise to follow. We really need to be negative for the rest of the day to get really CHEAP shares tomorrow. If your buying a hundred thousand shares at 5p discount that is a free holiday (one future day) to Barbados.

USA SP 500 at an average of 83 PE apparently with Tesla at 1544 PE. We are approaching what could be a blow off top with bitcoin also at 40,000. Be careful out there is all that I am saying. No harm in doing a top slice and having ammo on any retreat. If your buying look at the buy side volume and if its low it is for a reason and it has nothing to do with Pensana, but a possible dangerous market situation. Gold drop and interest rate move up in USA was shot across the bow on Friday. All the best.

(Holds no position on Pensana at the present time and this is not a deramp, but a radar screen of what is going on when Europe and USA are in major lockdown territory and little makes sense on company valuations and what people can afford as they emerge from the pandemic. Pensana at risk of a collateral retreat if that makes any sense).

Tony

Thanks for sharing this info.

I suspect we could still get an RNS this week.

Tony

Hi CD

I hope your right about gold. Having a lot of family in USA I confirm its really bad over there. Tony

So for Si typo.

I wonder if the FED and USA Government may need to follow the Japanese model. USA citizens may get some immediate help, but it might be linked by a proportion of USA citizens buying the extra bonds rather than International sources. The USA public may have access to 75 year mortgage products and a lot of debt with long duration but to maintain control they need to own their own debt once it is above 120% of GDP rates. This route could be engineered for low inflation for decades. The pressure for this route to be followed is perhaps defined by the percentage unemployed, the percentage with no savings and limited prospects, the percentage depleted by unfilled healthcare needs and are walking wounded, the percentage that work in state enterprises that are poorly financed and can not increase pay, the percentage working in zombie companies making no real profit and have limited or no prospects for growth. There is a successful, wealthy, innovative group that drive things forward. As to whether such a group can drive an inflationary widespread future, I am not so sure. Whether this group opts out of equities into land, gold or bitcoin or something else they convert wealth into and witness a massive equity correction for them to recirculate the wealth back in again remains to be seen. I wish I knew how this will unfold, but somebody may challenge the FED and say let the market reset, lets have the relationship based upon company earnings that are real once again and operate in away for the other 80% to improve their lot as the inflationary route usually leaves a massive depression and recession to follow it. Si will it be a case of Wall Street may having to follow Main Street with their tantrums being ignored with Janet at that Treasury.

Tiger16 Let me put it this way, a lot of people averaged down to be in the 140's in their stock pool. Some had the foresight to take some off as a top slice at 163p area. They may get a bit nervous after Monday as the chart is showing a big move is possible and if it spikes they will miss a chance to rebuy what they sold at a lower price. This group will push the price up when they buy. Another group of holders may however have overextended their positions and feel they have to de-risk if the price drops and in essence are seeking to manage a current loss and their fear is genuine especially if their partner discovers what they have been up to over the weekend. We also have a third group who are well resourced and have enough funds to keep adding more aggressively as the price gives a juicier bargain. If you know how many investors are in each group and what the weighting they have on their investment then you will know what will happen on Monday morning. As for Monday at 16:30 I fancy a higher close in the SP.

Convergence of support and resistance lines into a triangle is now at 147p to be struck on Thursday. If we get an RNS could now be on Wednesday or Thursday next week.

As I was massively overweight on Shanta, I did top slice at 18.6p. I may not have been the only person who did it. Hope Shanta now picks up. Now under half million shares.

$55 Brent is happy days for Tullow.

When gold was under $1600 an ounce and the company was on reduced shift work because of Covid-19 and somehow its value is currently less. Hardly goes up on big gold prices, but hammered down hard on small pull backs. Company has £22M in the bank and its increasing.

meets rather than meats!

The original advancing support line from 4 December converges with the December breakout on Thursday or Friday of next week. The convergence of resistance and support lines meats up around 152p. Bollinger bands should tighten near this point. If we get news it would fit perfectly with the chart set up for a move on more news. Of course reading charts is by knows means perfect and one should not gamble on it. I however share what I can see. The 4 hourly mean average has support at 146p.

The company is probably securing hedged oil positions so that it moves above £50 a barrel for this year. They may have got some hedged at $54 for 2022. I suspect the company will be able to move bonds repayment to 2026 and pass the RBL and liquidity issues. It will be last chance saloon for Tullow is what bankers may have to say to them. The higher oil price we are getting could pay for Ghana Jubilee oil well drilling. The reduced production possibly allows for time to improve gas off take in 2022. The company will need a 90,000 production at some point at say $55. A $1.8B revenue year would ensure $300M repayment within 12 months. Overall Tullow is hold for 2022 next year.

The Chart is hinting an RNS on Weds to Friday next week.

The company issues an RN between 13-17th January every year. We need to give them up to 10 days. The delay on info probably has a lot to do with management availability over the Christmas period. I would not read anything negative or positive into it. The only time an RNS arrived earlier in the past 5 years concerned a Director dealing.

Blimey the data difference in the suspected Covid-19 cohorts suggest that the Pfizer vaccine may only give 12% efficacy improvement over placebo. If the PCR numbers are included the efficacy only improves to around 19% at best. Lets hope the AstraZeneca efficacy is a lot better.