Tullow Oil Share Discussion Threads

[paulbiya] 21/1/2016 15:48

Excellent article on OPEC/non-OPECToday 12:33Production. Figures indicate global production has peaked and actually fell in December.http://oilprice.com/Energy/Energy-General/OPEC-At-Peak-Production.html

[jovi1] 21/1/2016 15:46

any seller in this rally so far?
15 min and then celebration of despair

[mr aboii] 21/1/2016 15:26

--- Paulbiya 21 Jan'16 - 15:12 - 24335
Ditto here
(REF: 1£)

[jovi1] 21/1/2016 15:26

we can do with some good news from eia.
the true is everyone expect to be terrible so even not so good can help.
I think we get to the point that some bad news can actually help too a bit like the American hoping for bad news to stop the fed raise the rate, little crazy if you ask me.
I keep adding on this and if oil need to get sub 20 better sooner and sharper that a gentle lol down

[moneybags] 21/1/2016 15:21

large oil figures out in 40 minutes are helping to move things about I see.

Regards , Moneybags

[cat100] 21/1/2016 15:19

Traders pop oil with the US numbers due at about 4 our time

[cat100] 21/1/2016 14:00

ECB's Draghi: Says There Are No Limits To ECB Action Within Mandate. .. YOU KNOW THATS TROUBLE

[nicebut] 21/1/2016 14:00

Hearts,

I`m new to TLW but been watching it since it hit c250 last summer. Been buying over the last few weeks too. Funny how it appears to move with the DOW rather than the PoO- Appears very volitile....What else do I need to know wrt to TLW? Over 10% short is a worry but explains the massive drop...

[hearts1] 21/1/2016 13:50

Hi NB.Yes sold nearly everything prior to OPEC Dec meeting and now am here at 131 and PMO at 23. Still have some PMO at 49p. Took a small trade on Genl at 110 to keep the Kurdistan dream alive lol.Took a 20% loss last year, however given the amount of shares I've been able to buy now I'm quite confident of turning that. That's why I have been spending a lot of time on price of oil, as that's the only real driver now not any company fundementals, as long as the company can survive till end of 2017, which I believe all will.

[warwick69] 21/1/2016 13:29

Just think only 3.5 million trades today what would happen if 112 million needed to be purchased quickly !!!!

[warwick69] 21/1/2016 13:19

What do we need to go above to change the momentum and reverse the black box trading

[warwick69] 21/1/2016 13:15

One positive is this is not falling back when oil sells off maybe just maybe we have found a bottom around the 120 mark

[mr aboii] 21/1/2016 13:08

ROFLMAOYSST: TaDaaa



The firm's low share price and market capitalisation meant that Tullow was potentially
a take-over target.

"As a smaller company, you're always going to be a take-over target," he said but
added that Tullow was not up for sale and warned any bid would also be challenging
as its partnerships in Africa would entail clearances from regional governments.

[ny boy] 21/1/2016 12:31

The market needs a strong rally, that isn't sold into, it will come but everyone is too twitchy to hold for long, fearing more downside at present.

[warwick69] 21/1/2016 11:36

Shorts are still very much in total control they can cover on dips and rests lush more shorts as more buy the relief rallies!!When they have such huge positions mere pi's can't compete We are just cannon fodder to the city big dogsOne day this will turn and it will be hard to get on board but when every rally as NY boy has rightly picked up runs out of steam very quickly same with the oil rallies

[nicebut] 21/1/2016 11:33

Hi Hearts,

How you doing?

Have you bought some of these too?

[hearts1] 21/1/2016 11:24

So according to the EIA non OPEC production in December dropped 650k bopd. Strange how this news has not been communicated when it's more than what Iran will increase this year.After reading a lot on oil price over last year I do have suspicions that EIA communications are politically biased.

[hearts1] 21/1/2016 11:16

Good read.

[nicebut] 21/1/2016 10:45

Indeed some have increased- Odey increased their short on 19th to 3.71% from 3.64%.

[cat100] 21/1/2016 10:33

Some of these short positions have been held since Tullow were over £8 so no pressure on some shorts

[jovi1] 21/1/2016 10:29

Thanks cat

[cat100] 21/1/2016 10:17

hxxp://shorttracker.co.uk/company/GB0001500809/all

[cat100] 21/1/2016 10:17

hxxp://shorttracker.co.uk/company/GB0001500809/all Not 100% but it give a number. Don't forget the dark pools no one but themselves know what is in them

[jovi1] 21/1/2016 10:11

Where can you check how much short is in tlw ?
Thanks

[jovi1] 21/1/2016 10:09

Hi guys

As you decide to start to go long on oil please remember history tell us share bottom before commodity price stop the fall,
In tlw it seems that lately someone is fighting the shorter this make it little more interesting