Tullow Oil Share Discussion Threads

[kevjones2] 30/9/2016 14:31

Every time deramper/shorter azalea posts the share price rises! Lol.

[nicebut] 30/9/2016 14:27

Are we actually going to have the short squeeze that` I`ve been hoping for, for 4 months? :)

[suffersnofools] 30/9/2016 13:52

Certainly a close above 250p would be very encouraging.

[brucie5] 30/9/2016 13:43

Well I got back in here this morning. Notwithstanding the poo and TLW's debt, the chart here looks remarkably like a secular recovery. £3 would be my immediate target. £4 my strategic objective!

[the destroyer] 30/9/2016 13:40

Could move sharply now 240p broke and shorts need covering.....

[suffersnofools] 30/9/2016 13:25

azalea - happy to wait 4 years for an share price of £14.

[eipgam] 30/9/2016 13:24

It has been pointed out to me that the original RNS regarding the damage at TEN displayed some doubt as to the insurance cover. I didn't spot it, or read it that way, but the recent two RNS's would have been superfluous had there not been any doubt in this regard.

So, now that the doubt over the validity of the claims has been erased, only the doubt over the amount claimed remains. Perhaps when that is concluded, and possibly in conjunction with helpful OPEC news, then the shorters will see no reason to hang around.

I've been shying away from directly investing in UK shares for a year or so, preferring to pick OIECS in other territories, so I am not as up to speed as I used to be. I still hold here and whilst I agree that the shares are extremely unlikely to re-attain past highs, they are worth more than the current share price

PS the effect of the Brexit vote on sterling investments in the rest of the world has surprised me. With hindsight, it was obvious as is the fact that hindsight only works after the event!

[azalea] 30/9/2016 12:09

mcsean2164
DB is very likely to have to be bailed out by German investors, if not the government. which will not please taxpaying voters. £14 share price for TLW? Unlikely this decade.

[nicebut] 30/9/2016 08:35

15.16% down from whatever it was yesterday

[wookie77] 30/9/2016 07:17

I got nervous when I saw the title!!!

[wookie77] 30/9/2016 07:16

wow great news! come on shorts! Get the picture! 280p commeth

[the destroyer] 30/9/2016 07:15

Great RNS re: Business Interruption claim

[flyingbull] 29/9/2016 20:04

The monthly oil stock challenge is on! A test for your oil stock picking ability. Deadline for entries is this Sunday 2 October 2016.

[mcsean2164] 29/9/2016 17:06

Just been looking at DB independently. Their purchase here is about £200 million, a drop in the ocean when it comes to $14billion but still a step in the right direction. Who knows, if we get back to £14, DB could sell up and get £2billion to pay their fraud fines....

OT, are DB undervalued, time will tell.

[scemer] 29/9/2016 13:33

It will stick they all need the money

[mcsean2164] 29/9/2016 13:06

I agree, whatever the shorters reasons (hedging etc.) it can't be too nice being short if you are losing millions unless of course you POO contracts are long etc. but still if this cracks £3, surely the shorters will want to reconsider? Which means...

Put it this way 4 years ago TLW was over £15 and it looks like they are going to emerge from their current woes with TEN etc., if POO hits $65 where will this be in a years time?

[gregpeck7] 29/9/2016 13:01

I don't hold, Panr is my stock atm.. But you cannot ignore almost 1/5 of the company on short.. And thrbiprc move will have sent the heeeby jeeebies through them.. Could easily see 400p here now.

[suffersnofools] 29/9/2016 11:08

nicebut - It's not that it's not a factor, it's just really not a major one.

[nicebut] 29/9/2016 10:54

I wouldn`t count myself as a newbie- But I`m always willing to learn however.

It`s definitely a factor in my trading decisions. I find it interesting and often the `market` has a group view on something- Not 100% sure what- perhaps debt and PoO- but 15.62% is remarkable- which is why I remark on it...I`m just looking for correlations and patterns. I think they have it wrong- but I`m very aware they might be right!

Certainly makes or adds to the volatility- which can be great too.

GLA

[suffersnofools] 29/9/2016 10:01

Yawn. That old chestnut is always picked up by newbies. Some shorts may close as POO climbs but others hold for differing reasons as I mentioned.

I'm long TLW as I believe the debt and finance issues will be resolved, but short interest isn't a factor in my decision.

[gregpeck7] 29/9/2016 09:57

Because this is the third most shorted stock on lse and it's always good to see them make a wrong call.. As has been said they have to buy back.. Looks like they are about to get a shafting on PANR as well...

[mcsean2164] 29/9/2016 09:54

Why? Because if the shorters decide to buy back this share will fly!

[suffersnofools] 29/9/2016 09:50

Why the obsession with shorters here? They will often be hedges against other related positions.

Worry about the oil price and the company executing on its strategy - much more relevant to the share price performance.