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Premier Oil - Can it go as far (or further) than Cairn ?? (PMO)     

pjstanton - 21 Jan 2004 13:43

What a chart, further to go, or not
Comments please

draw?epic=PMO

skinny - 18 Apr 2016 16:40 - 355 of 543

63391182.jpg

jimmy b - 18 Apr 2016 17:04 - 356 of 543

You got hammered on every thing at the end of last year ,i pointed this out and you stayed away with your tail between your legs ,i'm surprised you have the neck to come back .

mentor - 18 Apr 2016 18:09 - 357 of 543

jimmy b

You got it alright - Manuel ( cynic- other nickname by some posters) and you pushing each other

Your other half will not like posting this video.
--------------

show me your money,
I mean where are all those trades I made so badly for you?

As you are very interested why I stay away from here, here are the main reasons

I did stay away from here, there was a place were I got Level 2 for free for 2 month, instead of the £39 pounds I was paying, and nice people I met, still posting there but not so often.

By the way is not like here that you can edit your post, so stays with all the mistakes that one can do if posting fast and not checking spelling like I do.

I said many times, that you mate - cynic - was buying my stocks, so from time to time I do not post my good ones.

there is only 1 stock ( bought twice ) I still hold ( well below ) price I paid, but as I have not sold I have not lost any money, and more I almost hold the stock for free as the share price was ready for the bounce ( cat bounce ) got 600K @ 0.585 and sold less that 3 weeks later at 1.40p ( was much higher the day before 1.725p ) ( bought t+20 sold closing t+8.

XXXX 18 Dec'15 - 10:20 - 4162 of 4574
Has the bottom being reached?

the last few trades give the indication of that, on reaching the low of the day 0.525p the MMs are moving prices a bit more slow and the buys being large and at around middle price

Bought not long ago 600.000K just above middle price 0.585p
Paying full offer now 0.60p, and the MMs are moving into the bid since 3 v 1

looking good, the bounce back, even if is a " Cat bounce is due"
-----------
XXXX CHA- 7 Jan '16
re - Disappointing day
That is most likely the start of the next cycle and is not up
Yesterday was the main point on reaching very high but finishing unchange

sold (close T +20 bargain ) the 600K @ 1.40p for a £4830 gain or 136%


further more, during this time oils were my pick, I already said here not long ago

PMO- bought 6 january at 37p, were suspended as it went to 19p but sold 10 march at 49.325. ( had to pay for the stock, most times I close )
had bought some more as it was raising 26 february at 39.9563p sold same day 10 march at 49.10p
bought on the 15 march at 43.70p and again 31 march at 43.1875 and sold 12 April 52.3125 and 13 april at 53.275p ( both closing bargains, meaning I had not paid for the stock.

Twice bought ENQ for a 7 and 10% but the last one less than a month ago got close to 50%.

twice bought CPX during that time 2.90p sold 3.55p ( 29 January ) and bought 2.93 sold 3.45

TLW made 21p on the stock, first time ever dealing on the stock bought 19 feb sold 3 march

many more with less % gains OPHR, BHRD,FCRM and GENL the worse just a couple p

-------------
hope you are feeling better, or I will have to change my capital tax numbers

mentor - 18 Apr 2016 22:39 - 358 of 543

OPEC Failure Turns Premier Oil Into Even Better Bargain!-By Motley Fool | Mon, 18th April 2016 - 15:19

"Oil Price Slumps As OPEC Talks Fail!" screamed the headlines this morning, and I feared the worst for my investment in Premier Oil (LSE:PMO) as I rushed to check the prices.

And you know what? Nothing much has actually happened. Brent Crude is still selling above $40 per barrel, and at $41.20 as I write it's really only lost the $3 to $4 it picked up in optimistic anticipation of a successful outcome at the oil-heads pow-wow. And, the truth is, very few of us expected any production-capping breakthrough anyway, not with Iran only just having been allowed to start selling again and not even having sent a delegate.

Down... a little

And the share prices? Premier is down 6% to 49.2p, but it's still 22% up since 7 April. And shares in Tullow Oil (LSE:TLW) have only lost a very modest 1.4% to 210p. Since the start of the year, Premier is up 14% and Tullow is up 25%. In my book, this is not a time to be crying.

Clearly Premier Oil's massive debts of more than $2.2bn mean it really does need to see oil prices rising. But the thing is, it doesn't really need big rises and it doesn't need them all that fast. Premier's lenders are still being very flexible and have extended its covenants to mid-2017. On top of that, abut a third of Premier's 2016 production still hedged at above $70, and its cash position is remaining pretty stable. Premier has pared its costs to the bone by ditching some non-core assets, and at the same time its acquisition of E.ON's North Sea assets for $120m, which are immediately cash generative, seems like a masterpiece of bottom picking to me.

mentor - 18 Apr 2016 23:42 - 359 of 543

an again ABCD and the change of direction at time of PMO retracement V oil price ( 8 February to 20 March )

p.php?pid=chartscreenshot&u=AMVTxGdOMSuC

...........p.php?pid=staticchart&s=NYM%5EBZ%5CM16&t

VICTIM - 19 Apr 2016 07:24 - 360 of 543

Blah Blah Blah Blah Blah Blah .

HARRYCAT - 19 Apr 2016 08:31 - 361 of 543



Oil holding steady at $43 pb. I thought I had missed the boat to sell my PMO stake, but it seems not, for the moment!

robinhood - 21 Apr 2016 11:31 - 362 of 543

Hi (De)-mentor.
Funny that crude up PMO up (see my post of 15/4)-actually a no brainer as it is as simple as ABCD

mentor - 21 Apr 2016 12:06 - 363 of 543

Are you another stupid c#nt like - jimmy?
Read and talk about ABCD not the future

ABCD and the change of direction at time of PMO retracement V oil price ( 8 February to 20 March ) and the sell also happen till the end of April

during that time PMO had a retracement while oil kept rising, that was the point, not rubbish about what is doing now and mixing apples with pears

p.php?pid=chartscreenshot&u=AMVTxGdOMSuCbearish-ABCD.gif

VICTIM - 21 Apr 2016 12:15 - 364 of 543

Classy man .

mentor - 21 Apr 2016 12:16 - 365 of 543

As far as I concern I have been the first and only one trading the stock several times at a profit, wile the rest saying it will not survive.

cynic - 21 Apr 2016 12:17 - 366 of 543

robin - i knew your comment would cue almost instant abuse! ........ so predictable!!

mentor - 21 Apr 2016 12:24 - 367 of 543

"The pot calling the kettle black" ........................ Pot_Kettle_Black_Web.jpg

miss meddling could not stay away "nosey neighbours at MAM"


cynic - 18 Apr 2016 15:45 - 349 of 366
your unwarranted abuse of all and sundry is legendary (in your own lunchtime)
as you say, enough ..... so fuck off!

cynic - 21 Apr 2016 13:17 - 368 of 543

PMO - really rocking today and +10% on what i think is massive volume - 12.5m traded so far

however, we saw something similar with TLW a few days ago, and the volume was just that with no apparent sub-plot

in fact, TLW is up a handy 5% today and again on strong volume - 9.8m traded so far

mentor - 21 Apr 2016 13:30 - 369 of 543

If you are talking b@llocks

You will get a kick on the left testicle


Unless you are a sophisticated Lady


And someone then will call you B!tch

cynic - 21 Apr 2016 16:37 - 370 of 543

at the close ......

PMO and TLW
interesting ....... both have traded huge volumes, 21m and 20.5m respectively and both are also nicely up, 6.5% and a more modest 2% respectively

cynic - 22 Apr 2016 10:40 - 371 of 543

it would be easy to get sucked into chasing this one as it's up another 6% today, but with no news

mentor - 22 Apr 2016 13:32 - 372 of 543

Where is "robin"?
has the cat eat it?
it looks like the one liner, has got stuffed with it own words, for not seeing further away than its TAIL.

"Today Market report
Stocks in London were falling to noon as a slip in crude prices."


Oil prices falling and PMO well up 62p +4p, you theory is not working it seems.

robinhood - 15 Apr 2016 14:22 - 323 of 371
Do not think ABCD has got much to do with it reckon CPPB more relevant i.e. crude price per barrel
lol

"robinhood - 21 Apr 2016 11:31 - 362 of 371
Funny that crude up PMO up (see my post of 15/4)"

I am digging the grave for you, and I make sure I put plenty of dirt on top so you can rotten properly.

Funny how can I take the P!ss out of you for not being experience enough to spot when the abnormal is happening >>> ABCD and today.

Caught with the trousers down and nothing to show.
That is the difference between MEN and BOYS.

My LOL is capital letters >>>> robinhood laugh.gif

jimmy b - 22 Apr 2016 13:35 - 373 of 543

mentor just get on with it you have done ok here unlike a lot of your other picks ,you don't seem to like anyone else's view so just post away to your self .Good Luck.

blackdown - 22 Apr 2016 14:54 - 374 of 543

Mentor aka Proselenes and a few other names. Always right (at least in his/her mind). Needs to get out more.
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