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It would be nice in 7 years time Bp hit £20 but for over 20 years it’s been range bound between £4 and £5 I wouldn’t bet too much on that. 2030 could more likely be the year the world is exiting a long recession.
Planit the average oil price in 2012 was $111 and then the average oil price in 2016 was $43. The US is about to make a deal which may be perceived as a good thing but now they have to create a load of money. History repeats itself. I would expect a 20 percent drop in the markets over the next few weeks.
Yes if the US don’t get their ack together we will have a bad recession oil prices will drop and a company like Tlw will be perfect for shorts to be opened. Then we could be back down to covid prices all over again
In order to have a short squeeze you need a high number of investors shorting the stock. Back in nov 2020 Tlw was been shorted 8 percent of market cap and there was a short squeeze which saw the share price go roughly from 30p to 60p as investors stop losses kicked in and forced them to buy back shares at a higher priced causing a snowball effect. At the moment Tlw is been shorted 1.9 percent with a all time low of around 1.3percent. So a short squeeze is Technically not going to happen.