Tullow Oil Share Discussion Threads

[master rsi] 11/12/2019 12:46

whites123
re - Chart

We have notice of you have no IDEA of charts and I am "Not here to argue or suggest" you know all the rest as well.

Like the ... dead CAT bounce

[master rsi] 11/12/2019 12:31

re - umitw
An you post the chart please M RSI ?

I had to do the chart for you, because I was using the high and low of the day to calculate the 50% retrace 49.92 and 45.52p

but I did manage, so far did not go all the way down to 50% that normally is a good point to bounce back

[ny boy] 11/12/2019 12:26

I have been accumulating down to 42p, tucked away, did the same this year for (AOR) added in 40’s now 98/104p, just starting its move to 400p broker target.another one to tuck firmly away, long term. Dyor as usual

[whites123] 11/12/2019 12:24

Not here to argue or suggest others way of trading / dealing is wrong, or right, but really????

Was the news Monday not clear enough to show that charts are only good for historic events. Charts cannot, will never ever chart a stock line.

IMO, Look at the potential newsflow. Look at historic news events. Consider best case and worst case. Use figures available and determine what you believe to be value. Either invest, or stay away..
But to suggest a line is telling you what is going to happen next is akin to witchcraft and tea leaves.

A stock which has been so decimated by news is going to respond to further news and no one knows when that may be due or whether it will be received favourably or negatively.

[umitw] 11/12/2019 12:18

An you post the chart please M RSI ?

[master rsi] 11/12/2019 12:10

A retracement to 47.75p
or yet further but not expected 47.22p

would do the trick to bounce back, on the Intraday movement

[mrthomas] 11/12/2019 12:04

have sold out after buying in yesterday will buy again if goes down but a 7% gain in less than one day and CASH IS KING in the current times we in

[wodahsnoom] 11/12/2019 12:04

overdone , by David Whitehouse

"Takeover target?

Tullow says it is now open to receiving offers to buy the company

Was anyone on the conference call? My understanding was that Dorothy gave the stock answer when asked about possible t/o

[xxnjr] 11/12/2019 11:49

Only because MBS had a firing squad ready for any local mercantile families who didn't buy on 1st day of trading.

[mariopeter] 11/12/2019 11:26

Aramco's shares gain 10% before temporary overnight suspension on the Riyadh stock market.

[umitw] 11/12/2019 11:26

By 1pm it will be trading approx at 50p

[theapplefreak] 11/12/2019 11:25

I need to walk away for a while. My sell button looks to attractive right now.

[wodahsnoom] 11/12/2019 11:23

What do you mean by the nature of oil - Guyana is not classified as an asset

[teamwork1] 11/12/2019 11:22

I've lost a lot of money on here, too scard to jump in.

[bookbroker] 11/12/2019 11:19

Might have to join the lemmings!

[bookbroker] 11/12/2019 11:18

They will most likely have to re-value fixed assets as a result of what they know regarding nature of oil, and the reduced production, that makes their debt look even more tenuous. Clearly a day trading stock now, looks like some big dough being made on this board!

[ratpat999] 11/12/2019 11:15

You will have your 4K hit back soon 👍

[mariopeter] 11/12/2019 11:14

Yes see malchys blog re discovery of light oil and viability of heavy.

[whites123] 11/12/2019 11:13

Reduced.... To below 5%
Easy enough to work out how many they sold.

[supertag] 11/12/2019 11:11

Looks like they are selling, not buying!

[cielos] 11/12/2019 11:08

RNS today
M&G
from 5.86% to below 5%
Date on which the threshold was 09/12/2019

edit

[morningswimmer] 11/12/2019 11:08

What a nice graph, touch and go comes to mind. Didn't expect much movement until presence and type of oil at Carapa was known but I don't mind a higher starting point before news. Now we just need a discovery of light oil. If light oil is discovered I wonder if it can be combined later with the heavier oil to make the heavy oil wells more viable.

[andysand] 11/12/2019 11:07

Well, my guess is 53p at the close after a lot of pushing and shoving at 50p. But might hand around 50p for longer than I would like. We will see. Either way, 80p is the target.

[nw99] 11/12/2019 11:03

Stake building