Tullow Oil Share Discussion Threads

[mariopeter] 02/11/2017 08:33

If the price is 1.80-1.81 and you put a large buy order on at 1.75 the market will drift towards 1.75. It does not fill but if you keep doing that below the market price you restrict growth in the stock. Until a real down day and you close your short. Should a good day come along they keep manipulating the price. They only get burnt if the price moves significantly north and that is when big investors arrive. They ain't arriving here yet as we have big debts and Kenya is a little unstable at the moment. The increasing oil price will however kill them eventually and this will act like it was on an elastic when it happens.


I stand to be corrected but I do not have level 2 to confirm my thoughts.

The long term chart looks like a tulip chart. Prefer to be on the early side of those like Bitcoin now.

[nicebut] 01/11/2017 20:16

And clearly being shorted. Though dropped a bit on the 30th i.e. when it went down to 180

Fund % short change Date changed
AHL Partners LLP 0.76% 0.07% 27 Oct 2017
Capital Fund Management SA 0.79% -0.10% 30 Oct 2017
Key Group Holdings (Cayman), Ltd. 0.97% -0.03% 30 Oct 2017
Marshall Wace LLP 2.45% 0.13% 27 Oct 2017
ODEY ASSET MANAGEMENT LLP 1.48% -0.17% 8 Sep 2017
Oxford Asset Management 0.70% 0.01% 13 Sep 2017
Total 7.15%

[leoneobull] 01/11/2017 20:11

Brent down tonight

[mcsean2164] 01/11/2017 19:23

Does anyone know why we're not tracking the oil price?

[ayesha4] 01/11/2017 18:34

Should be bloody £3 - wtf is £2?

[uzzymaz] 01/11/2017 18:22

£2 very soon i hear.

[mcsean2164] 01/11/2017 16:43

Spr 57 million barrels below 2009 peak. Approximately 67 days worth in reserves... Imagine trump would be happy to release another 70+ million barrels during his term, easy money for greasing the pole.

In saying that, can't imagine the us would be too happy if it dropped too far below 600million barrels. 21 million released so far this year and general inventory dropping... That's bullish to me!

[ayesha4] 01/11/2017 15:28

180 would be the easiest 10k id bloody lost. Ridiculous.

[billionaire1] 01/11/2017 15:22

back down to 180 hope not but there seems to be a jink on this

[spirito] 01/11/2017 14:28

what's that burning smell

[mercer95] 01/11/2017 14:15

EIA numbers out soon, speculation of a sharp decline in oil & gas inventories, I can feel a short squeeze coming

[nicebut] 01/11/2017 12:39

See Shorts have increased a tad here...

NY, what about PFC too?

[ny boy] 01/11/2017 12:30

Looks like the start of a powerful move to 280p, early days but the sector is a strong buy, most oil stocks going up nicely, PMO breaking out, UKOG,TRIN,EME & CASP coming up behind

[eipgam] 01/11/2017 11:25

Shell asset sale gone through

[mariopeter] 01/11/2017 09:57

Watch out for the mergers and acquisitions in the oil sector.

[mcsean2164] 01/11/2017 09:46

I'd say it's more to do with the price of oil, it's unbelievable we're still at these levels.

Brent has gone up by $5 in October but Tullow is still below it's September peak.

Everything re oil price is happening as I predicted last summer based on upcoming aramco IPO and Tullow share price has barely moved even with a positive ITLOS ruling.

It feels a bit like even if you're right, with Tullow you're wrong! Hopefully these will get a proper re-rating soon!

[gregpeck7] 01/11/2017 09:25

This is now 4 percent up. A lot based on the Anadarko update imo. That material was price sensitive and Tullow should have released it.

[frazboy] 01/11/2017 09:23

i'm fairly sure the company guided TEN at 50,000 bopd, I'm not sure about Jubilee.

[leoneobull] 01/11/2017 08:58

GregP. - it isn't uncommon that an operator or a partner releases production updates and the partners dont feel it necessary to update mkt b4 their own Trading Updates unless materially different from what was expected

[porschepanamera] 01/11/2017 08:57

Halifax will not let me sell 10000? Has to be negotiated?

[onehanded] 01/11/2017 08:43

big break out is on the cards.

[gregpeck7] 01/11/2017 08:42

Oil heading for 62!

[mariopeter] 01/11/2017 08:07

Big volume and looks like good news coming next week. Good find.