To Hold or Sell: Tullow Oil

Arcade Fire said:
Are you basing your recommendation to hold or sell on what the chart looks like? Christ. I hope you don't trade with your own money.

Process called charting can indeed be used as the basis for trading, can get very complex with candlesticks etc.
 
Er, how can I word this, I'll try my best.

Is "Tullow Oil" a fuel company?

If they are, and they have depots (wet or bunker) in the South West of England, Wales, West England or Midlands area, then it may be worth waiting until the beginning of August before you make any move.

Reason I say this is that there's a VERY large oil fuel company that is been bought OR sold throughout August 2007 which may have some impact on the shares.
 
~J~ said:
Er, how can I word this, I'll try my best.

Is "Tullow Oil" a fuel company?

If they are, and they have depots (wet or bunker) in the South West of England, Wales, West England or Midlands area, then it may be worth waiting until the beginning of August before you make any move.

Reason I say this is that there's a VERY large oil fuel company that is been bought OR sold throughout August 2007 which may have some impact on the shares.

Tullow Oil are primarily an exploration company.
 
SpeedFreak said:
because it is the a likely place for me to come across somebody else holding the shares with 15k+ members.
But no offence to the members of this forum, but most of them don't know what they're talking about when it comes to Tullow (or stocks in general) and can only advise you based on guesses, wanting to sound clever, or whatever. Would you take stock tips off a stranger in the street?

I am not going to suggest anything because I don't know much about Tullow's business, financials, where it explores/ drills, what estimates it has for reserves, how much debt it is carrying, its P/E, PEG, dividend yeild, gearing, turnover/profit, board of directors, director stock dealings, the anticipated state of the oil market over the next few years (and not just the price), how other companies are faring with exploration (as it may affect Tullow), the state of the market Tullow is listed on, the forward P/E for the next few years, the bid/ offer spread on the stock if you sold now, the current size of the free float & % that the MMs are currently sitting on, you know all the basic things you should take into account when deciding what to do with this stock, and 99.9999% of members on here don't know either so should not be advising you, and you certainly should not be listening to them.

Do your own research IMO.
 
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>:|sh4d0w|:< said:
Process called charting can indeed be used as the basis for trading, can get very complex with candlesticks etc.
Yup, charters (or technical analysts as they like to call themselves) can regale you with all kinds of intricate, detailed and utterly wrong techniques for making money on the stock market. ;)
Bes said:
But no offence to the members of this forum, but most of them don't know what they're talking about when it comes to Tullow (or stocks in general) and can only advise you based on guesses, wanting to sound clever, or whatever. Would you take stock tips off a stranger in the street?
Best advice so far.
 
Friendly word of advice for the people replying here....

Remember that giving financial/investment advice if you are not qualified to do so is a criminal offence punishable with fines and/or a prison sentence.

If you are not qualified and an investor loses money on the back of your advice and can prove that had they not taken your advice they would not have lost, then you can be held liable to reimburse the investor for the amount they lost.
 
don't worry guys, it was just a simple question. I was curious to see what the concensus would be with regards to greed versus get out while we're ahead.

It's more a question of whether we should be thankful for our luck and cash in, or wait on it for a few more months, knowing that we are not going to lose anything really unless something very strange happens.
 
I wonder what the OP was thinking in 2009.

z
 
:o My bad, I blame the beer :p ;)



Nope, cust services for Lloyds.

Anyway, I'd keep them, if they start to fall a substantial amount then sell.
I presume you never read the paper or watch the news? It's always mentioned.

I'd put it up there with not knowing what downing street was... (Sorry)
 
Friendly word of advice for the people replying here....

Remember that giving financial/investment advice if you are not qualified to do so is a criminal offence punishable with fines and/or a prison sentence.

If you are not qualified and an investor loses money on the back of your advice and can prove that had they not taken your advice they would not have lost, then you can be held liable to reimburse the investor for the amount they lost.

um..seriously?
 
looks to me like you should have sold them a year ago.

maybe he did this thread is from 2007 :p and they are actually higher now than the time you say he should have sold them :P

Friendly word of advice for the people replying here....

Remember that giving financial/investment advice if you are not qualified to do so is a criminal offence punishable with fines and/or a prison sentence.

If you are not qualified and an investor loses money on the back of your advice and can prove that had they not taken your advice they would not have lost, then you can be held liable to reimburse the investor for the amount they lost.
Surely thats only if you pretend to be qualified ? you can't expect anyone to take for example what dave down the pub says as gospel and if you tried to take him to court or whatever you would surely get laughed at?
 
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Friendly word of advice for the people replying here....

Remember that giving financial/investment advice if you are not qualified to do so is a criminal offence punishable with fines and/or a prison sentence.

If you are not qualified and an investor loses money on the back of your advice and can prove that had they not taken your advice they would not have lost, then you can be held liable to reimburse the investor for the amount they lost.

Not sure iif this is true but if you are stupid enough to TELL someone a certain stock, indices, commodity will definitely rise/fall then you deserve the punishment.

Anyone who trades off the words of someone on a forum is equally an idiot.
 
Surely that is only if you claim to be qualified though. :confused:
tell you what jono meet me down the pub.
I'll give you some dodgy financial advice after you ply me with drinks something like "stick it all on black".
we head to the casino together
if you win give me 50% of the winnings with you keeping the intial bet money ofcourse.
if you lose take me to court :D

You've got nothing to lose!
 
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