Tullow Oil Share Discussion Threads

[kevjones2] 19/10/2016 21:28

Suffersnofools provided a link (and the copied and pasted first paragraph of my post) above.

[p_dharmendra] 19/10/2016 19:02

Agree with "Kev"What does short exactly mean?Many types of shorting evil/clever skill. Is there any reference website where I can find out in details??

[kevjones2] 19/10/2016 18:52

"
PI perception of shorts is mostly b0llox. All this loads of shorts ready to drive the price higher is just nonsense, in the same category as tree shakes and evil market-makers. Going short is expensive - much more so than being long, even if the share price is flat, you have the cost of carry, dividend to pay (if there is a divi natch) and you often have to wait for the market to turn."

Absolutely. There are also different types of shorting of which I have very little knowledge. Suffice to say the percentages we see does not necessarily mean the 'shorter' wants the share price to drop. I'm not sure how it works.

I like to know what the percentage of shorters are but this obsession with 'burning' them etc is nonsense.

[suffersnofools] 19/10/2016 16:47

eipgam - the fees are good, it aids liquidity and a fund has a long time horizon.

PI perception of shorts is mostly b0llox. All this loads of shorts ready to drive the price higher is just nonsense, in the same category as tree shakes and evil market-makers. Going short is expensive - much more so than being long, even if the share price is flat, you have the cost of carry, dividend to pay (if there is a divi natch) and you often have to wait for the market to turn.

I'm long TLW and think Odey and his mates are wrong, but this is a very geared investment on POO - a simple race between Tullow's bopd multiplied by poo versus debt interest and ability to cover. They need execute on their strategy with little margin for error. I'm here because I believe that when this is de-risked it's a £20 stock, and as has been pointed put by others, the majors will need to replenish their reserves later in the cycle.

hxxps://www.quora.com/How-do-short-traders-better-our-economy

[obmuj] 19/10/2016 16:34

Good to be back MB. US API down 3.9m. Looking good.

[eipgam] 19/10/2016 16:26

Phillis... I can never understand why a holder would loan shares to a company that is trying it's damnedest to destroy the value/price of the asset. The loan fee can't be that high?

[moneybags] 19/10/2016 16:12

Welcome back obmuj , On this goodly afternoon

From one posh blue name to another.......





alexgc...........Yup, But turn them ever so slowly for a nice roasting

Brent hit 53 dollars in the past hour

[alexgc] 19/10/2016 16:10

best we turn the shorters, they are starting to look a bit burnt on this side

[obmuj] 19/10/2016 15:59

Well, haven't posted for ages as been in the doldrums for past few years (well since 2008 actually) but I am so excited that my first BUY oil trade in 2 years is TLW and.....wait for it.......I'm actually £10 up in my SIPP. Still can't sell though as it would cost me £12.50 in dealer charges. lol.
I am "so" excited............nearly!
Is this the beginning of back to £15.....well, in next 10 years anyway.

[phillis] 19/10/2016 15:59

epi
my theory is that DB are major stocklemders

[moneybags] 19/10/2016 15:32

To be honest, I would much prefer it if you shorters would not close your positions until it get's to 3 pounds ++ !!!!!

Regards , MoneyRubbingItInBags

[harry rags] 19/10/2016 15:20

Deutsche Bank

[thales1] 19/10/2016 15:04

Please could someone enlighten me on DB?

[eipgam] 19/10/2016 11:42

And another from DB... and their beneficial ownership appears to have risen. Suffernofools and anyone else: what do you make of that?

[tattooed93] 19/10/2016 10:50

Deutsche Bank AG filling up size 10 boots

4. Full name of shareholder(s)
(if different from 3.):iv

Deutsche Bank AG, London Branch



5. Date of the transaction and date on
which the threshold is crossed or
reached: v

14/10/2016

6. Date on which issuer notified:

18/10/2016

7. Threshold(s) that is/are crossed or
reached: vi, vii

Above 6%, 7%

[sawadee3] 19/10/2016 08:04

Happiest days of our lives chaps :-)

[larva] 18/10/2016 18:31

one day some one will bid in the morning.

Dragon?

[sh1984] 18/10/2016 14:04

Tullow Chiefs getting in bed with the Kenyan President - looks very promising.... for a good deal that is !!

www.africaintelligence.com/AEM/oil/2016/10/18/president-kenyatta-still-in-honeymoon-mode-with-tullow-oil,108185893-ART

[nicebut] 18/10/2016 12:49

I guess if any of the 7.291m and 10.891m are being used for shorting purposes as seems quite likely then indeed they are being recalled. Offsets DBs sells if the hedges are buying back too.

[suffersnofools] 18/10/2016 12:23

Seems clear to me. DB in their current precarious position are selling everything that isn't nailed down. This includes stocks they have lent out to shorters.

[eipgam] 18/10/2016 12:14

Hi NB

Ticketyboo, thanks... the falling pound has easily compensated for losses elsewhere ;-) Anyway, back to TLW

in DB RNS of 7/10 they say they have right to recall 7.291m shares
in DB RNS of today, they say they have right to recall 10.891m shares

Ooops! Maybe I have it totally wrong and they are lending out more shares. Any clarification will be gratefully accepted...

[nicebut] 18/10/2016 11:47

Hi Mag,

How you doing?

Aren`t DB just making a bit of profit? How do you know they are calling stock in...

Shorts steady at 14.11%- no one reported a change since 12th.

[eipgam] 18/10/2016 11:41

The latest 2 RNSs from DB are a bit confusing. It looks as if they are selling and calling in the stock they have loaned out. Does anybody else have a clearer idea?

[albo] 18/10/2016 11:19

TLW showing great strength. Even as DB offload many shares this keeps ticking up!!!