Bahamas Petroleum Share Discussion Threads

[globalspecialist] 11/3/2020 18:01

It feels like the market is about to TANK big times. Let’s see - will we are a 2500 move down today??

[globalspecialist] 11/3/2020 17:47

Idiot. The incremental news is going to be very negative and we have only started the selling. We are now selling the DOWN TO 20,000 and then go to sell it to 18,000 if Europe goes into a continents quarantine. That is why it is so easy to make money out of you muppets.

Sell everything before you go bankrupt and but it back at Dow 15k or lower which will be the end target. Idiot.

[novice2006] 11/3/2020 17:03

I sold half my shares after 4pm today (not.much compared to some of you I know but it's all relative), it was marked as a buy, the closing price went higher at the end too. So something could be up, large buy order which will be reported late or maybe news tomorrow, who knows.

[globalspecialist] 11/3/2020 16:57

Everyone had many chances to acknowledge that they needed to sell as we went to Dow 22,000 before the real move down.

They mocked and as you know your Messiah returns the favour with interest. So enjoy everyone as your portfolios crash.

When you mock the Messiah and as I am always right when you get burnt 🥵 I will be there to cheer - losers and muppets need to learn manners.

[dynamohum] 11/3/2020 16:57

Starting to think like Whoppers and Lintons is not to be advised . . . . . Get out take the money and look for all the amazing companies who have been crushed by these events . . . . .
Even Monty Python couldn’t resurrect a dead parrot . . . .

IMHO

[globalspecialist] 11/3/2020 16:53

Simon Linley makes a valid comment. 👏👏👏😀

[globalspecialist] 11/3/2020 16:50

Smooth - 90% out really is like being all out. I only have 10% left. Just over a 1M shares so inconsequential.

My bear point is on the market mainly. I thought that BPC was not really exposed to the markets until the oil price collapse which now makes this a very risky project.

Given the rudeness here in the face of my civil and helpful comments I am just rubbing it in Re. Losses on muppets portfolios and not BPC. 👏👏👏👏8079;

[bigsi2] 11/3/2020 16:48

Not sure about wipeout ...they at least have cash in bank and sufficient working capital after tapping up shareholders- surely they will initially suggest H2 drill and keep banging on about conversations with super majors.(I'm sure by now Shell receptionists are getting tired of BPC board calling them for a chat)then it all depends if they get licence extension I for 2021...See you back here in 10months for OpenOffer 2.0

[dynamohum] 11/3/2020 16:32

DynamoHum - 09 Mar 2020 - 09:21:51 - 39041 of 39279 BPC Ltd - BPC
Should stabilise @around 3p . . . . right shoulder then fully formed . . . After that, Wwipeout 😰

IMHO of course

[bunz3] 11/3/2020 16:21

and more large share buys again

[bunz3] 11/3/2020 16:16

nice sized share buys showing again ,buyers look to be picking up shares before end of trading

[dynamohum] 11/3/2020 16:13

Keep buying suckers . . .

[dynamohum] 11/3/2020 16:12

From Oil & Gas today

The total capital and operational expenditure of exploration and production companies (E&Ps) is now likely to be cut by $100 billion in 2020 and another $150 billion in 2021 if oil prices remain on a $30 level, a Rystad Energy impact analysis revealed – a development that will heavily impact service company revenues, driving some out of the market.

Russia’s decision to walk away from the suggested OPEC+ deal is sending shivers down the spine of the service industry, which had already been troubled by the new coronavirus. After Saudi Arabia started to flood the market, oil prices were sent down to $31 per barrel of Brent and are currently trading at $35 per barrel.

[bunz3] 11/3/2020 16:06

has been a interesting days trading ,some nice buys seen today

[smoothtrader] 11/3/2020 15:55

Really.. So u 90 percent sold out and now only got small holding?Didnt u say that your were all out of BPC, few days ago? Mmmmm?

[globalspecialist] 11/3/2020 15:36

I am not short BPC - I have sold 90% of my holding and have a small long position in it which for me is inconsequential.

I think you do need to look at your portfolios (obviously better if you did it at 29,5000 when I told you) but still you can save yourselves a lot of money.

We haev been waiting fro 3 years to short the market and it was only due to cosmetic policies of the US administration that the market went up - as such the downtrend will be very violent now especially given that we now have the excuse.

Markets price is news as it hits - the incremental news now is only going to worsen. I think we will have another dead cat bounce around 22,000 but at the moment I cannot see us stopping shorting until we are in the 20k-21k level. As such if you have a sizeable portfolio you can save yourselves a lot of money by not going short but going into cash. Might seem too late given you guys mostly didnot listen but it is always good to stop a loss when you can.

[globalspecialist] 11/3/2020 15:31

INTERESTING TO SEE HOW I AM ALWAYS RIGHT

Bunz thanks for the style - sorry I have plagiarized it as I love it

[globalspecialist] 11/3/2020 15:13

Interesting to see that muppets had never heard of nor do they understand the mechanism and reasoning behind a dead cat bounce

Also interesting to see that DOW will close down over 2,000 points today

Furthermore it is interesting to see Dow hitting 22,000 this week as the Messiah said weeks ago

but most interesting to see is if DOW goes to 18,000 as Messiah will update us

hahahhahahahhahahah

[globalspecialist] 11/3/2020 15:07

Also very interesting to see Muppets trying to make head or tails of markets ahhahahhaha
hahhaahahahaha
hahahahahahahahahahahaha

[globalspecialist] 11/3/2020 15:06

Yes - very interesting - it has gone through the roof - hahahhahahahha
hhahahahahhahah
hahahhahahha
hahahhahahahha

[globalspecialist] 11/3/2020 14:54

PROBABLY MORE THAN 2000 POINTS DOWN TODAY AFTER ITALIAN NUMBERS AND THE spread is confirmed in the US. We will see Dow in the 22,000s today before a March to 18,000 but I will confirm the level we sell below 22,000 later.

Remember before moving lower than 22,000 we will be constructing a dead cat bounce to book our profits and take more of the mugs money so be aware and donot get sucked in.

[globalspecialist] 11/3/2020 14:52

DOW DOWN A 1000 POINTS - OOPS - REMINDER OF A LESSON BY A MASTER:

You should have cashed out two weeks ago with the Messiah but it is hard I know once you are in. I only managed to get my brother to cash out last Friday.

We are Going down for a while. Why? The incremental news from now is going to be negative still. There will be more cases of this, more deaths, more quarantine with resultant impact on trade and much much more bad news. We have smelt fear and blood and we will keep selling.

The reasons market donot go down in a straight line is that as pros we want to maximise profits so the way it works is as follows:

1) We short the market and wait for bad news
2)When bad news hits we sell more and accelerate the downturn
3) usually after 10-13% down we start covering our shorts booking our profits - this results in the price moving up and a dead cat bounce. As we cover some muppets and genuinely we also call this “suckers”; rally start buying as well thinking the selling is overdone. That creates a stronger superficial bounce and more liquidity for us and then we short into that fake buying by suckers and retail and wait for bad news again

4) we then sell again as the downturn worsens and we repeat this as we can make more money out of the volatility. You muppets cannot even trade BPC right so forget about trying this as we will invariably clean you out.

As such with more bad news we will go down. I think we want to evaluate at another 10% down in the Dow from here but at the moment there is no floor. Donot be fooled by a bounce over the next few days. It is the dead cat bounce. Short term we will go below Dow 22,000 which was our original target and then we will see how bad the situation is.

By the way these are not predictions. Just what I have been doing with largest global investment banks for the last 30 years. For the time being the TREND IS DOWN.

SEE YOU ALL AT DOW 22,000

[globalspecialist] 11/3/2020 14:49

TWO IDIOTS