Tullow Oil Share Discussion Threads

[smartie6] 18/3/2020 09:43

Sbb1x, reveal your position.

[sbb1x] 18/3/2020 09:42

Brent 28Wti 26And saudi are selling at 10$ discount. Could see a big uprising in Saudi Arabia or blown to pieces by the Americans if they dont turn the taps off

[ammu12] 18/3/2020 09:38

Problem is the demand which has gone down.Once things starts to get better oil will rise.Don't know when will that happen though.

[sharekitchen1974] 18/3/2020 09:31

I dont care what all the doomsayers are saying i will be buying the dips very shortly, Saudi processing is $15 so oil won't stay here for long and media will turn on Corona soon, watch the bounce of a lifetime

[sbb1x] 18/3/2020 09:29

Saudi Arabia controls the world economy at this time

[sharekitchen1974] 18/3/2020 09:27

First gap on the chart on the way back up to be filled is 19-24p.

[eodfire] 18/3/2020 09:26

Will be interesting when the shorters start to make a run for the door. The problem is they can be persistent. Leeches don't like to let go when sucking blood.

[sharekitchen1974] 18/3/2020 09:19

They have hedged 60% production @$57 and if they scale back exploration activities, production costs @$11 they will survive, close those shorts boys, Tullow is surviving

[sbb1x] 18/3/2020 09:10

Crowded trade boys 300m shares lol

[sbb1x] 18/3/2020 09:03

Up she goes... crowded trade for shorts down here lol

[mcsean2164] 18/3/2020 09:00

Thanks sbb1,

I'm totally ignorant on the significance of UT trades, so all help appreciated.

[sbb1x] 18/3/2020 08:58

Close your shorts boys 300m shares is a big fat number.I would call it a crowded trade lol

[sbb1x] 18/3/2020 08:45

Shorters cant find anymore shares to close at this level , got to move ut up boys 150m168mWow 300m good luck boys lol

[icac] 18/3/2020 08:38

SBB, remember tullow MC is now £150m versus £2billion in debt.. the most important thing you need to understand is what tullow sell which is oil. And oil now is not big demand due to covid19. Then you need to put in the equation that covid19 will last another 6-9months . How can tullow survive?? Just hold or sell, don't buy more.

[sentimentrules] 18/3/2020 08:35

Reckon Brent can go under 20 this year.

They need things like crude at near for nothing prices to aid next economic drive in a few months

[mariopeter] 18/3/2020 08:34

Dorothy (Miss Ellie ...Ewing oil) will have to use charm to save this Company.

Yanks just have to cap their production to save their banks imho.

[smartie6] 18/3/2020 08:33

Sbb1x, how much are you underwater? This constant ramping on what appears now to be a bust company is very worrying. If anyone follows you in then you’re breaking them too.

[charlesjames1] 18/3/2020 08:32

HL is atrocious today. I'm sat watching L2 and they are quoting way over the odds to buy. Upwards of 8.8p when i'm sat watching at 8.3p.

[icac] 18/3/2020 08:30

When a business is in deep waters with its debts and the product they sell is not in big demand and are selling at undervalued price, what do you think will happen??

[sbb1x] 18/3/2020 08:27

Hope you all bought the dip.300 million shares need to be bought.

[sbb1x] 18/3/2020 08:15

That is why trump will speak with Saudi Arabia

[sbb1x] 18/3/2020 08:14

You mean your bosses are working against them with shorts.

[sbb1x] 18/3/2020 08:13

The ut trade yesterday was a good sign, shorters will want to bank the profit and move on and go long on many bargains around.Shorters need 150 million shares.Mr 12% will double up 168 million shares.Could see a cheap low ball takeover offer of 30sThis will retest 9 today

[icac] 18/3/2020 08:10

This is not a personal agenda because I worked for them in the past, I know it simply would not survive and get pst this coronavirus pandemic situation which would last for months and months.. 8p start not looking good ..