Tullow Oil Share Discussion Threads

[tidy 2] 07/4/2020 09:06

Short still have over 85m to buy back here. Theyve started but only 2.35m buy back managed so far as of yesterday.

[whites123] 07/4/2020 09:06

"My gunt was telling me to buy tlw when it was 9p, but how much money can you throw in this company, already losing alot of money. If I bought I would have sold it now recover all my money. For most people we got long way to go. Let's hope we get there."



Teamwork, I am certain many of us understand your sentiment.
I was unable to purchase more as every single penny of available capital was used.
I could have sold some assets, maybe a car or two, but that was a road I was reluctant to go down.
I to could have made all my losses back and some.
Every 100,000 shares could have been bought for as little as £9,000
I remember my first 100,000 shares cost me over £150,000

But, I sit back and consider that I still have the same amount of shares.
My mindset is still that TLW will be sitting at £1.00 PLUS very soon and with ease.
We are in unprecedented times, where Oil bounces in excess of 10% per day.
Where bluechip companies have lost in excess of 50% of their value.
But more importantly where thousands upon thousands are dying because of a condition that we cannot see.

My other holding (PMO) requires an average of just 45p to break even.
Considering the short squeeze that will go on there (over 20% is short sold) then my strategy is to wait for that to fall into profit, which it should do with TLW at an share price behind it, and when I feel the time is right liquidate and transfer into TLW.

You've been around the block as have I..... :-)
The "In out in out shake it all about" posters here think they are untouchable and gurus, whilst they play with their £10 per point spread bets.

Investors such as us understand that research is key.

My research tells me that TLW is worth $BILLIONS, not $Millions..
For that reason I know it will come good.
And I think you do as well.... :-)

[spacedust] 07/4/2020 09:05

Short term charts says 50p at some point this month.

[anslow] 07/4/2020 09:05

Agreed gap up coming

[iamgreat1] 07/4/2020 09:01

Big jump coming

[cool hand kev] 07/4/2020 08:59

How slow is the automatic trading system it took 27 minutes to execute a sell trade on Aviva and still waiting 18 minutes later for my buy to be executed here. WTF

[turvart] 07/4/2020 08:57

LOL! poor shorters! my heart bleeds!

[spacedust] 07/4/2020 08:57

Evraz 60p to 650p
Glen 60p 300p plus
Taylor 4p to 300p plus
Barrat 38p to 1000p plus
Itv 20p to 400p

Above all happened in a perios of 3yrs

Tlw 6p to 300p perhaps....
..by 2022

[anslow] 07/4/2020 08:56

They will eventually get them back at around 60-70p

[subsurface] 07/4/2020 08:55

How much can you throw at this company given the performance of the last few years.my sentiments too ,so we have to wait it out,time will tell.

[tidy 2] 07/4/2020 08:54

Shorts only managed to buy back 2.35m shares yesterday they have started closing making them pay.

[turvart] 07/4/2020 08:54

Why can't they get the shares back? not even if they buy in smaller tranches?

[anslow] 07/4/2020 08:51

Shorts can't get the shares back, the squeeze is on

[turvart] 07/4/2020 08:50

I hope so anslow! will certainly help being on 80% of wages lol!

[anslow] 07/4/2020 08:49

One way ticket to 45p coming up this week

[turvart] 07/4/2020 08:48

teamwork1,

Well that last RNS seems very positive so I can't see why not!

[teamwork1] 07/4/2020 08:46

My gunt was telling me to buy tlw when it was 9p, but how much money can you throw in this company, already losing alot of money. If I bought I would have sold it now recover all my money. For most people we got long way to go. Let's hope we get there.

[whatsthepoint] 07/4/2020 08:43

Yes just got a nice £150 a point get nice spread bet on on one of these futile silly shakes but very kind of MM to help.

[turvart] 07/4/2020 08:43

Oh I have a question for anyone to answer, I heard someone going on about DMA boys running around yesterday, what are DMA boys?

[turvart] 07/4/2020 08:41

The abbot, LOL!

[spirito] 07/4/2020 08:37

desperate bid to keep a lid on this- it ain't gonna work

[bearnecessities] 07/4/2020 08:37

Hoping we get a couple of tree shakes so I can add this morning. Got the trigger set on my limit order.

[maverick081267] 07/4/2020 08:36

Are we going to overtake poo today?

[turvart] 07/4/2020 08:30

I just bought a few at 27.5p keep me occupied while i'm furloughed lol!