sen + 11 December 11, 2018 On 10/1/2018 at 9:36 PM, sen said: Can't last forever, price of oil depends on how quickly people shift to electric cars, it's not going to happen before 2019, my guess is that we'll see $100 brent before the end of the year! Well it's not 2019 yet but my guess is looking very off now! Quote Share this post Link to post Share on other sites
Osama + 248 December 11, 2018 1 minute ago, sen said: Well it's not 2019 yet but my guess is looking very off now! "told ya"! But most of the observers out there fell a victim to the bullish-mania. But you see it was not natural. Quote Share this post Link to post Share on other sites
sen + 11 December 11, 2018 (edited) Hi Osama, I still think it is overdone. US inventories are out of the danger zone and cuts on the way. My money is on a rise in oil price into the New Year. My guess seems way off though, $100 oil would have enabled me to sell some of my TLW stock but it looks like a long way off now! Edited December 11, 2018 by sen 1 Quote Share this post Link to post Share on other sites
Osama + 248 December 11, 2018 13 minutes ago, sen said: Hi Osama, I still think it is overdone. US inventories are out of the danger zone and cuts on the way. My money is on a rise in oil price into the New Year. My guess seems way off though, $100 oil would have enabled me to sell some of my TLW stock but it looks like a long way off now! I agree. However, in my own humble view, we still have more bearish factors. Let us put it another way....there are more reasons for oil to go down (trade war, OPEC+ deal's implementation, stronger dollar) than to go up. Yes...we might see prices edge up and even settle there but once again brraking the $70 (Brent) and $60 (WTI) levels are very difficult but not at all impossible. 2 Quote Share this post Link to post Share on other sites
Auson + 123 AD December 11, 2018 47 minutes ago, sen said: Hi Osama, I still think it is overdone. US inventories are out of the danger zone and cuts on the way. My money is on a rise in oil price into the New Year. My guess seems way off though, $100 oil would have enabled me to sell some of my TLW stock but it looks like a long way off now! Sen, Osama I'm still bullish, China's imports have increased the ending of the trade war will cause Oil to fly. Sen have you looked at PMO ? Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 December 12, 2018 On 12/12/2018 at 12:40 AM, Auson said: Sen, Osama I'm still bullish, China's imports have increased the ending of the trade war will cause Oil to fly. Sen have you looked at PMO ? What ending of the trade war? Don't take the bait there, my friend. Quote Share this post Link to post Share on other sites
Auson + 123 AD December 12, 2018 6 minutes ago, Dan Warnick said: What ending of the trade war? Don't take the bait there, my friend. I didn't take the bait in the first place. The trade war is phoney. Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 December 12, 2018 1 hour ago, Auson said: I didn't take the bait in the first place. The trade war is phoney. Do tell, please. How is the trade war phony? Quote Share this post Link to post Share on other sites
Auson + 123 AD December 12, 2018 2 hours ago, Dan Warnick said: Do tell, please. How is the trade war phony? Have you read The Art of The Deal ? Quote Share this post Link to post Share on other sites
sen + 11 December 13, 2018 On 12/11/2018 at 5:40 PM, Auson said: Sen, Osama I'm still bullish, China's imports have increased the ending of the trade war will cause Oil to fly. Sen have you looked at PMO ? Hi Auson, I'm in TLW, probably similar. Did PMO dilute in the last few years too? Quote Share this post Link to post Share on other sites
Auson + 123 AD December 13, 2018 13 minutes ago, sen said: Hi Auson, I'm in TLW, probably similar. Did PMO dilute in the last few years too? Sen, Yes with the worlds longest and most convoluted refinancing. Then it joined the FTSE250 I was in TLW during the rights issue. 1 Quote Share this post Link to post Share on other sites
Osama + 248 December 13, 2018 7 hours ago, Auson said: I didn't take the bait in the first place. The trade war is phoney. Well....how? All those billions of dollars..phoney? Personally, I consider it one of the most serious and worrisome developments the consequences of which can go for a long time to come! Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 December 13, 2018 11 hours ago, Auson said: Have you read The Art of The Deal ? Go on.... Quote Share this post Link to post Share on other sites
Auson + 123 AD December 13, 2018 2 hours ago, Dan Warnick said: Go on.... Its Trumps negotiating strategy.. meaning he is always looking for a deal. Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 December 13, 2018 51 minutes ago, Auson said: Its Trumps negotiating strategy.. meaning he is always looking for a deal. Ok. I'll go along with that. To everyone else, it's a trade war; To President Trump it's a negotiating strategy. Yep. 1 Quote Share this post Link to post Share on other sites