Tullow Oil Share Discussion Threads

[sbb1x] 17/3/2020 07:59

A few million share buy orders getting filled and watch this rise. Many people were trying to guess the bottom but as it kept going lower it created a waterfall effect taking the price down even lower, looking for 18s short term

[carla1] 17/3/2020 07:52

Oil currently 4 % up

[carla1] 17/3/2020 07:50

Sure is but play the swings..2 good days ahead minimum..Its tanked to much

[sbb1x] 17/3/2020 07:50

Mr 12 % will double up at these prices another 168m shares.Shorters need 140 - 150m shares to close. I'm gonna get the popcorn and watch this rise

[milliecusto] 17/3/2020 07:31

Demand destruction is happening right now, no planes, little movement on Europe, Asia, America with transport, oil,story is footed medium term

[control1] 17/3/2020 07:14

Is that a porn movie...?

[carla1] 17/3/2020 07:05

A massive short squeeze will see this multi bag along with institutions and out mr12 % accumulating...The fun for the next few days is long..All aboard

[gregpeck7] 17/3/2020 07:03

Did you guys see the bottom yesterday? I think so and wish holders well... never thought you would see 7p tullow.

[carla1] 17/3/2020 07:03

Oil in positive territory..the swings are massive ...Expecting a very large blue day here.. Bought yesterday and buying more on the bell..Trade the swings.. 18p short term target..Gifts like yesterday are crazy

[kirk 6] 17/3/2020 06:33

Looks good for today nice gap up likely on most stocks. Markets recovered hard overnight as China gets nearly completely back to normal

[leoneobull] 17/3/2020 05:27

"The best cure for low oil prices is low oil prices, always has been and always will". Maybe SA and Russia also had demand destruction in mind I.e. Make POO cheap as chips, mitigate massive drop in demand....when recovery kicks in, back to negotiating table ....oil soars, shale in decline etc.

[leoneobull] 17/3/2020 05:24

From LSE..1- Encouraging numbers coming out of China & Korea and measures taken by rest will yield positive results.2- Russia & Saudi Barbaria's economy is heavily reliant on oil, they will have to come to some sort of agreement.3- Every downturn is followed by growth and every sector of economy will need huge amounts of oil to facilitate that growth.

[leoneobull] 17/3/2020 05:13

JPMorgan Asset ManagementMon 22:11Its challenges have not deterred all investors. Last week JPMorgan Asset Management disclosed it had built a stake of more than 5 per cent in the company, according to regulatory filings. Tullow declined to comment on the stake.https://www.ft.com/content/5da86a66-654b-11ea-b3f3-fe4680ea68b5 Nice resume: "They're pretty well-hedged for the short term. They can weather price falls easily," said David Round, an analyst at BMO Capital Markets. But he added: "The question is how long this goes [on] for."Tullow is hedged for a pretty long time I would say.

[sbb1x] 17/3/2020 04:56

Dow up 800 points. Brent just under 31$The swings are massive

[benny shares] 16/3/2020 23:43

Looking like 6p at start up, no one's washed out, just a mild rinse

[sentimentrules] 16/3/2020 22:08

No ramp? I was expecting that . How exciting

[the canadian mounted] 16/3/2020 22:04

As expected a response, borrrring !

[sentimentrules] 16/3/2020 21:47

Truly mounted 🔜🔚

[the canadian mounted] 16/3/2020 21:28

SR and his different nicknames has been posting on quite a few stocks today
Her purpose? To show people what a complete waste of space she is

[mcsean2164] 16/3/2020 21:08

Hi Leon,

My thoughts have been, Dorothy wants nothing to do with McDade and is clearing the path for success. However, bringing the write down to $2billion seemed excessively pessimistic. A CEO needs to be optimistic to a degree.

Fwiw, I think she's playing by the book to establish a baseline. If tullow completes rbl and is still a going concern in two weeks, I'd find it very hard not to buy more...

Tough times for holders but life is more than just money.

Gl
S