Tullow Oil Share Discussion Threads

[umitw] 12/12/2019 13:08

Top of the channel is 63p is it RSI?

[master rsi] 12/12/2019 13:05

Is that the way we are going to move from now on?

[stupmy] 12/12/2019 12:37

No some of the names ring a bell, but don't remember the details. Was just thinking that once you've made a bad call, tried to average down (another call that will be good or bad), averaged down again (again could be good or bad), it's best to believe that you can't see the future. Once you're comfortable with that it should be easy to drop half if the market is kind to you.

[badger36] 12/12/2019 12:33

Thanks. Fell in love with too many harlots to fall for it again. Recall Bula and all the oil was available via tariq aziz and never mind the gargarash office block in Tripoli to house hundreds of workers?

[stupmy] 12/12/2019 12:24

Badger, when it gets to b/e for you if it does, then sell half. Then you'll have cash available to buy more should it fall and you'll benefit anyway if it rises. Or maybe there's a better stock to trade. Don't get obsessed about 1 stock

[stupmy] 12/12/2019 12:22

How long until we start to see more news headlines about progress on fusion. The answer to everything, everlasting power generation.

[badger36] 12/12/2019 12:22

Lesson learnt many moons ago. Always keep cash in reserve to buy good company stock when it is the victim of a major shake. I own 3 times my original.

[spawny100] 12/12/2019 12:20

Yes I agree. It's all the XR/Thunberg related nonsense but the reality is 85% of global energy is from fossil fuels.

[mbalewala] 12/12/2019 12:18

Oil is beginning to look pretty hated at the minute but the reality is that there's nothing to replace it. Some oilies are near ten-year lows, and we're talking Exxon here, not just smaller players.

[pre] 12/12/2019 12:17

going back even higher this leg?

[teamwork1] 12/12/2019 12:13

THe muppet that what he is.

[robo175] 12/12/2019 12:11

Where is that shister DATAIT, I reckon he has lost a few bob here, you can't believe anything he says as he lies about his trades.

[mbalewala] 12/12/2019 12:11

They were clearly overvalued relative to their peers, so didnt touch till now, but now I think they are good value (pe of ~4?!) and in line with the other UK midcaps. A small tranche, less than 1% of liquid net worth, because I don't know they won't go bust. But their fields should be good for 70kbpd/150m fcf.

What I don't understand is guys on message boards who had 20-50% of their net worth in a single stock! Guys lost 150kon Monday - absolutely insane. Hell, I learned it the hard way early in my investing career!

There was also a lesson in liquidity on Monday, it was a buyers market. I got an order filled below quoted prices, I'd say institutional investors had to dump at any price. I do NOT want to ever be on the illiquid sell side ...

[master rsi] 12/12/2019 12:05

I only can say... OLE, OLE, olee, olee

more than a few happy again today

[stupmy] 12/12/2019 12:04

Master, Whites is not looking into charting, he knows everything he needs to know. Being in profit doesn't appear to be something built into the investing/trading plan he works to. I doubt there is a plan to be fair. By the time he gets to b/e (if that happens), I'm pretty sure the profits from this one will be making profits in another one for me. He's probably not heard of 'opportunity cost'.

As Omar so wisely says, 'he who knows not and knows not that he knows not is a fool, shun him'.

[momentum1] 12/12/2019 12:00

AUCTION.ITS TIME TO FLYYYYYYYYYYY

[master rsi] 12/12/2019 12:00

Money Mad

Would you like to name the person who you are addressing on the shorting business

[stupmy] 12/12/2019 11:59

Master, I think she knows that women want me and men want to be me, I'm just not safe out without a grown up.

[master rsi] 12/12/2019 11:57

That's it 61.80p ( momentum1) trick price gone

[money mad] 12/12/2019 11:54

You were shorting this yesterday lol

[master rsi] 12/12/2019 11:53

Shall I tell "whites" than we will be better than 60p by 12 oclock

I think (he) must be looking at how to buy an smart phone
so (he) can learn fast the tricks of CHARTING.

[master rsi] 12/12/2019 11:50

Stupmy

She must know better than me of your tricks

[stupmy] 12/12/2019 11:48

Master, you've shamed me. I've an old mobile, in fact my wife only trusts me with that when she thinks I'm 'at risk' (everytime I go out without her!).

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

That is it 61p, once the 60p trade was done, here we go

Just the same pattern of the last couple days