Wti Oil Etc Discussion Threads

[chinese investor] 16/11/2016 23:02

Thank You For Top Entertainment !

Professor Omelette (WTI) 22 Dec'10 - 22:04
............I have been topping up quietly today, and have purchased an additional 500,000 at under 11p.
To add to the 2.5m purchased in tranches last week. I hold 3m.

Professor Omelette (WTI) 12 Jan'11 - 11:39
............by the way went in for a further 50,000 this morning.
Now holding just over 3.2m.

[professor pettigrew] 16/11/2016 20:55

Going back a couple of years, looks like leedskier had multitudinous amounts of egg on his face.

All is forgiven though. WTI about to embark on a massive recovery from next week.

[blueball] 16/11/2016 20:09

Buys outnumbered sells by 2 to 1 so lets see what Thursday brings.

[billthebank] 16/11/2016 18:47

Yeah I bought £2ks worth and cannot believe the share price performance with copper at over $5000 /tonne. At present levels we are talking of profits of $17M and at pres c/v is £7M !!!!!!!!!!!!

[breaktwister] 16/11/2016 13:35

Down 30% on two days. I am down 40% since Monday on this. My worst investment ever. I'm going to stop buying breakouts because everytime I do I get stuffed. Lucky I only took a small nibble here.

[blueball] 16/11/2016 09:05

No idea its up 130%..

[billthebank] 16/11/2016 08:52

What is going on there? Will have a look though.Cheers!!!

[blueball] 16/11/2016 08:51

Anyone invested in CAF up 69% today.

[leedskier] 15/11/2016 16:49

Malcolm Stacy over at shareprophets suggests buying WTI to track copper.

[blueball] 15/11/2016 10:21

Thanks for that leeds.

[jack1236] 15/11/2016 09:25

hxxp://www.wsj.com/articles/trumps-victory-isnt-the-only-thing-behind-copper-rally-1479141192

[leedskier] 15/11/2016 09:15

MM have to cover all those shares they borrowed to sell to investors at or above 1p over the last couple of trading sessions ;)

Yesterday buying was 3x, selling.

The technical justification will be because the price of a pound of copper consolidated overnight.

[blueball] 15/11/2016 08:44

Down 15% today any idea why ?

[billthebank] 15/11/2016 07:02

3 months copper eased off to 5700$ so EBITDA eased to $30M!!!!! now. Market cap only £10M!!!!!!!!!!!!!!

[blueball] 14/11/2016 19:39

The bulls are in full control.

[the patient investor] 14/11/2016 13:06

hxxp://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-after-trump-victory/?nameplate_category=Copper%20Investing

"COPPER CAN GO EVEN HIGHER"

In an interview on CNBC, Boris Schlossberg of BK Asset Management said that in the last few months, copper has been predicting this global pick-up in demand. However, he says, “The true boost you see in copper today is very much the idea of infrastructure spend and growth that you saw from the sliver of the Trump program yesterday in his acceptance speech.” Schlossberg predicts that copper can go even higher.


"STABILITY IN CHINA COULD MEAN A RECOVERY FOR THE INDUSTRIAL METAL"

It is important for investors to take note that Trump’s vision combined with a stabilizing economy for China, the world’s biggest copper consumer, could potentially mean that a recovery for the industrial metal is at hand. FocusEconomics states in their recent commodities report, “Prices are expected to slow slightly by the end of this year before increasing strongly next year on strengthening demand.”


The same link again:

hxxp://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-after-trump-victory/?nameplate_category=Copper%20Investing

[the patient investor] 14/11/2016 12:10

copper futures up

bodes well for the afternoon

hxxp://uk.investing.com/commodities/copper-streaming-chart

[the patient investor] 14/11/2016 09:52

agree, i too prefer this slow daily "blue march" in the North direction

nice

[petersmith6] 13/11/2016 18:59

Hopefully a slow walk to 3 to 5 p. Only put 6 grand in as a side bet

[blueball] 11/11/2016 18:25

The bulls are in full control.

[csmwssk12hu] 11/11/2016 12:49

Fun day here

[billthebank] 11/11/2016 12:49

No worries Leedskier I checked them out as I hadnt researched in a while as I exited here when the share price was 10p. I tried to raise some funds yesterday but failed and nbought in at!!! aaarrrggghhhh However I have managed to to get in at 1.05 and if it falls further I will top up again. IMO this is an easy 3 bagger from here when people wkae up

[leedskier] 11/11/2016 12:45

You are correct and I was wrong. I confess it is some time since I checked out the numbers.


This provides details.

[leedskier] 11/11/2016 12:38

Copper briefly surpassed $6,000 a ton and headed for the biggest weekly rally ever as the metal became the focus for traders speculating on Donald Trump’s pledge to pour money into U.S. infrastructure.

Copper rose as much as 7.6 percent to $6,025.50, the biggest intraday increase since 2009. Prices were at $5,936 as of 11 a.m. in London. For the week, the metal is up 19 percent, the most in records stretching back to 1986.

Bloomberg

[billthebank] 11/11/2016 11:59

I think it is 17K tonnes with the scope to increase to 20k tonnes if we invest $1.2M which if the price of copper tests $6000/tonne and the company can sell forward the next years production then why not? Although the share price has catapulted today I have re entered and hoping to see this quickly rise to 3/5p We will see.