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Oil shorts soar according to this link. May explain some volatility tonight.
https://www.rigzone.com/news/wire/oil_shorts_soar-30-sep-2019-159923-article/
Saying that I don't believe any media at the moment as it changes with the wind and all just assumptions.
Saudi and OPEC need to bring in some further cuts early just to stop the rot. There is just too much negativity and speculation around oil dropping this last quarter and into 2020, due to a glut, so the media say. And Trump the count needs to progress the deal with China at his next meeting in October. We could then see 70 oil again, but not before I don't think.
Saudi have to admit that they f*** this one up. They could have turned all this to their advantage with the oil price.
Now there is much uncertainty once again and oil struggling to hold any gains.
Dodger, 2% gain looks much better than where oil tanking again tonight. Heading for 58's now looks like. SP sure to drop if this continues, so good escape.
Only positive, is shale will be getting hit at these prices now.
Oil is most definitely out of favour with Investment.
Disappointing that oil could not hold. Where it goes from here is pure guesswork. Need another catalyst for oil, but nothing looks round the corner.
Grippa, you now picking on someone else after being proved the lies you said about me, now you're trying to pin someone else.
Just let people be who they are. I would think most people like to get a balanced view of positive statements and negative statements, that's what makes an unbiased BB.
As he said why don't you just filter him if you only want him to write things that you want him to say.
The BB is for everyone to express their own thoughts and opinions without people like you ganging up on others, making up lies about them and trying to get the board against them.
I bet you were the school bully. LOL.
Now after last time your spelling wasn't too good it's called the "FILTER" look it up in the dictionary what it is used for.
Surprisingly PMO held well today, despite the drop in oil. For it to go green is a result.
Oil dropped at close, if we can hold 60's and not go into 59's then maybe this SP could bounce from here.
Because Grippa is a control freak and if no one agrees with him or his opinion then he has a hissy fit.
I think he sits all day at his computer just waiting for that one comment to have a bite on.
Why don't you say something constructive gripper instead of just picking away at people, trying to be the big man.
why don't you at least say some things to ramp it up instead of just picking it others that are just being truthful in what they think. You are a numpty. LOL
Anyone getting that sinking feeling.
Still cannot believe oil is this low after all that's happened in last week or two and not getting any rest bite.
Well if Saudi say oil is going to shoot up if there's a little war with Iran then let's get it on Saudi, don't delay before oil back in mid 50's.
OPEC really should have agreed to cuts in the last meeting, waiting until December was a risk. Anyway the pressure is starting to come again on opec and opec plus to start seriously looking at their strategy as soon as.
So anyone that does not agree with you Grippa you call not bright, yet you are the one that struggles with your spelling.
The way you keep ramping away and calling anyone that has another view, you would think you are in here working for PMO. Are you ? LOL
See anyone can make accusations like you do to others.
Even after I proved all you said about me yesterday was lies and proved I am invested heavily here, you still call me a fool, yet I bet you only got twopence to invest in here, who's the fool. ! Or as you called me, the knobh*ead .
Now carry on, ramp away old chap !!!!!!
Dodger, agree, what will I tell mine, £350k just in today, might be £15k to £20k down on Monday, but will try and remain positive about that, as will have the BB police alias Grippa, having a go at me for being negative in the face of adversity LOL
Anyway, its nipping back up, it was rising to 62.74 earlier before close, so these things change on a "whim" . Managed to bring my target price back down today, so a result.
good luck Dodger...... back to 61.97 as I type, so maybe will be okay by Monday.
Grippa,
Firstly, I have reported the post, you cannot simply make a statement about something as serious as "Zama dead in the water "and state I said it when categorically I did not, as that is a serious accusation and you are trying to bring negative attention to myself, which is defamatory. (you are accusing me of insider info, which is not true)
I admit I am often negative on here, as I get very frustrated with the share price not being valued as what it should be.
I have been a LTH for around 5 years and been out of it only a few times, in all that time, actually twice been out recently for only a few days, as frightened I am out too long and miss the ride up, but try and pick a few % up, if i feel the SP will drop down. I only sold up last time on 25th, which if you take the time to read posts, you will see I sold out. I always tell people when sold and when back in, so its not rocket science to know my trades. (only been out around 6 times for a short time in 5 years)
Also as they are large trades in £15k to £25k tranches, of around £200k to £500k at times, they are not hard to spot if you choose to. I have to do it this way, as they increase the spread too much if i buy or sell in larger tranches.
Grippa, you say I have said TD has done a good job, I have never ever said that, always said the same thing and same stance on TD since 5 years ago. Show me post where I have been positive about him.
I am invested in the company in spite of TD, as I happen to think it is undervalued and think oil can get up, but there are worrying global events happening.
Lastly, it does show that the fact you think I am working for an institution that your instincts and analysis of people is a little rusty. I have invested via SIPP , Cash Funds & ISA's in PMO all in separate accounts with Hargreaves. I pay £70 a month to rent sharepad to analyse trades etc..., and last month paid £11.95 a trade with Hargreaves, which shows I do not trade regularly or else I would have had a lower rate each month. (20 trades)
Lastly, where does it say I have to be positive about everything on here, the SP is still where it was years ago, what have I got to be too positive about so far. When the SP rises, you will notice I am not on here much as happy knowing my investment is rising. When your investment is dropping by up to £35k to £50k a day at times, nothing to to be too positive about.
I admit I can have a moan when things are not going up ........ I just get frustrated and it is my way of dealing with it.....
p.s. just one one of my PMO holdings in attached link, you will see there are only 1 of 2 pages in last 12 months, hardly a sign of trading. Does that satisfy you and others or are you just going to call factual documents lies. Hope this can be the end of the accusations.
https://www.dropbox.com/s/wphbev579rjgqr8/Part%20Holdings.jpg?dl=0
Apologies to other posters for having to read through this on a Friday night, but I feel I have to defend
Grippa, you lying pr*ick..show me any post where I have said that Zama is dead in the water. Maybe you should spend some time looking at the facts instead of spouting lies about posters.
Just because someone is telling anything as they see it, they are a ramper or deramper.
SHOW ME THE POST WHERE I SAID ZAMA IS DEAD IN WATER....... I want to see it ! They are all in history for you to see.
If not then you are a lying pri*k and spreading crap about people which does not do your credibility much good.
If you want any information from me...
1st, tell me when you think I was out and deramping and when I was in and ramping. After that I will show you my holdings and see where you are clearly an idiot in your observations.
When you guys talking about TR hope you not meaning myself i.e. TR61...
If so, where is your facts and figures. ?
Been a LTH for last 4 to 5 years......couple of times sold out and re bought, what are you trying to say ?
My views have been straight and honest ...whether I am holding or not.
p.s. just bought £350k worth today, have a check on Level 2 .....
anyway for someone with only 22 posts on Darkfung, who the fu*k are you to judge anyone !
Must be getting tired of Trump, who is a complete thorn in their side trying to get oil up.
Trump, never mind his "art of the deal" he should read Dale Carnegie "how to win friends and influence people."
You always one of 1st with the news, well done mate. Takes time sometimes for news to filter through, so we know how messy it can get or not, so getting news quick helps to make decisions. :)
Cant believe i put £25k and further £15k before this went down. Thats the luck of the draw with this.
Cheers anyway.
FFS, they all act like children..... incredible, that these baffoons run their countries.
Unusual that Trump has not responded, must be having his usual morning Macdonalds , the fat count. LOL
Thats why this stock market is f**ked at the moment, as got to wait for all these countries that Trump the count has fallen out with, to be friends again, then maybe it will get more stable........ or maybe not with the Orange baffoon.
Yes Dodger, shame to see anyone lose their savings. Trouble is the hype on these forums gets some people thinking they will make a fortune, so they end up gambling with more than they should. (me included here in PMO)
If it goes t*ts up, you will find hard to get much back or wait years to see any return.
I remember seeing someone put £250,000 last thing on the friday, when they thought government would help Carillion out, only for it to go bust over the weekend. They clearly though would be a quick return.
£250k lost in 48 hours.
Same with this PMO, am sitting wondering, as you end up not wishing to have to buy back in much higher than you sold, as puts the target figure further out again.
As its a Friday will see what happens later here, suspect some wont want to be in over weekend and may drop later, but WTFDIK
You just seen how quick this oil can drop......and in fairness how quick it can rise.
Agree pure gamble, while we are in middle of waiting for next bit of news. Also Trump & China meeting around Oct 10th, but still not sure anything will happen. China may want to see how far this impeachment goes, although doubt he will be taken from office.
Put in £25k, to start.....would like to put alot more in, just not sure if this will end up dropping again to 70's.
And me ........ not sure where it all going...oil can just bounce or can sink..........
All just luck of the draw, no skill as no-one can predict which way this goes from week to week.
Saved myself another good amount coming out and waiting though ....... may get a few to start building again...........