Tullow Oil Share Discussion Threads

[mercer95] 26/2/2016 13:37

Plenty of gains still to be had with Tullow, I'm holding, make them pay.

[cestnous] 26/2/2016 13:36

..............but you could lose it all on the 72nd trade.

[grsl] 26/2/2016 13:22

If you start with £1000 and compound the gains you only need to do 73 trades taking 10% profit in each trade to reach £1 million. Easy 10% to be made here, this seems to be in a trading channel at the moment, but plenty of upside ahead as I don't think many see us ending the year at $30 oil price. This is a good trading share and recognised by many as soon as we get to 162 today plenty will be piling in.

[grsl] 26/2/2016 13:05

Also have you seen the movements in some of the oil tiddlers recently the money will be back here soon for another bounce.

[grsl] 26/2/2016 13:03

Just basing this on Friday 12th Feb could have bought that morning about 152, about 2.30pm this was up to 163 that's where I bought then sold on the 18th for 188.....let's wait and see

[bakedbean57] 26/2/2016 12:52

I can't cross anything else to see this break and hold 160 today!

[kevjones2] 26/2/2016 11:46

GRSL, hard to dispute such a well thought out prediction.

[leoneobull] 26/2/2016 11:28

THANKS HUB ON III

OPEC meeting in March will have some shorts covering as POO looks like it could challenge $40 levels. Hardly party time but it's meaningful if it puts in a 50% recovery off lows which is what $40pb amounts to.

Mario EU QE lined up in March too if reports are to be believed. The early wobble of 2016 seems to have settled but it's looking like more of a change of the guard as traditional bluechips get sold on weakness (banks etc) and Commodity players begin recovery adding weight back into FTSE100.

Glencore alone can add a chunk back into the FTSE100 nevermind BP, SHELL and ANGLO etc

Shorts over 5% amount to around 9.25% at present. My guess is that level will drop to around 3% by end of March/April.

Glencore's recovery from 65p to 127p today has taken under 4 weeks.

Tullow from 150p back to 240p+ may take a little longer but a break of 200p will have any remaining shorters pretty worried.

Surprised M&A whispers are silent at present as any signs of recover or oil stability normally opens the doors to acquisitions. Window of opportunity is closing if POO is set to break $50pb in second half.

Should be a very busy next 2 to 3 months. Question is... do the shorters really think there is more lows coming in POO and Tullow? If not... then closing out after OPEC formally agree FREEZE deal may be prudent.

HUB

[leonidas] 26/2/2016 11:22

I hope so...................I'll take 167p for to day.

[grsl] 26/2/2016 11:13

Yes 167 finish easy

[bakedbean57] 26/2/2016 11:05

I hope so be the first day I've not had a rant :)

[leonidas] 26/2/2016 11:01

Will we break the 160p and stay above it by 4.30PM>>>>>>>>>>>>>>>>>>

[mr aboii] 26/2/2016 10:18

I protest!
NY Boii told me that the share price is going to be 100p
and I am still waiting to top up on his promises.
Was he lying to me, the innocent GoldiLocks then?
I want my granmaaaaa.....

EDIT: Why does he look like a Wolf nowadays, oh, well, it must be a coincidence then

[grsl] 26/2/2016 10:04

Brent going for it.....above $36 now

[hearts1] 26/2/2016 10:00

Most are just waiting for Brent to hold gains and push on. At moment it's been in the $32-36 range, hopefully it can test $40 before meeting in March.Short term for TLW is debt outcome in March and update on turret issue.

[leonidas] 26/2/2016 09:21

Bought some more and my average from 179 is now 170 bought them outright and waiting for oil to go up to 60 dollar before selling,it may take a while but at 60 dollar the share price could well be above the 325 to 350,any view??

[puzzler2] 26/2/2016 09:15

Topped up with a few more today

[leonidas] 26/2/2016 09:02

The board is a bit quiet this morning....................and we are up it seem to me that the board only wake up when we are on the red.................

[bakedbean57] 26/2/2016 08:22

Nearly a 1p spread on lvl2 ?

[leonidas] 26/2/2016 08:11

blue...............but will they stay blue by the end of the day,lets hope so this time.............

[paulbiya] 26/2/2016 07:42

There are, though, those who reckon that behind the steely rhetoric, producers have softened their stance considerably and that a recovery will come faster. Pavel Molchanov, the senior vice president and energy analyst at Raymond James, told CNBC oil could be as high as $60 by the end of the year."We are not talking about $100 - it's not going back to $100 - but certainly something in the $50 to $60 range. Maybe north of $60 looks like a good bet over the next nine to 12 months," he said.Source the week

[paulbiya] 26/2/2016 07:37

Nothing changed since December when oil was more like 44 us pre OPEC meeting. Imagine what an agreement will do to tlw sp

[puzzler2] 26/2/2016 07:33

The increasing frequency of these oil meetings is imo indicative of something breaking soon.

[ny boy] 26/2/2016 05:41

First this needs to get back above 150p (now resistance) and stay above this level for a week or so.