Share tips thread

[Oakey]

Charlie1986 said:

Is this a d time to buy some Oil shares to be put away for some time? If so what are the best shares. This is money that I can afford to put away as surely Oil price will rise from its current price?

Just call up your broker and tell them you want to buy X barrels of Oil

[Charlie1986]

Oakey said:

Just call up your broker and tell them you want to buy X barrels of Oil

tried too! But he suggested I send money to him in Nigeria through western union so I am doing that then hopefully he will send the information. He did guarantee a lifetime of happiness and wealth

[Oakey]

When you say buy shares in 'Oil', do you mean the commodity as opposed to Oil companies like Shell, etc?

[Charlie1986]

Oakey said:

When you say buy shares in 'Oil', do you mean the commodity as opposed to Oil companies like Shell, etc?

I will be a blunt as I can be,

To me Oil shares are Shell or RDS etc. I've only started recently due to a wage increase and nice little MOD Pension means I can put away so much each month in either a Fund which I am doing with HL and also have some money to buy some shares my self and let them fester what I currently doing with Tesco and Old Mutal.

im not in to make millions just something to return something when ever I decide to cash in when my daughter needs something in life.

[Oakey]

Charlie1986 said:

I will be a blunt as I can be,

To me Oil shares are Shell or RDS etc. I've only started recently due to a wage increase and nice little MOD Pension means I can put away so much each month in either a Fund which I am doing with HL and also have some money to buy some shares my self and let them fester what I currently doing with Tesco and Old Mutal.

im not in to make millions just something to return something when ever I decide to cash in when my daughter needs something in life.

Just checking, I do recall a post on here once form someone wanting to buy oil by the barrel

Check out R8Steve's post in the NP&E forum in the oil thread

[Charlie1986]

Oakey said:

Just checking, I do recall a post on here once form someone wanting to buy oil by the barrel

Check out R8Steve's post in the NP&E forum in the oil thread

Thanks

[walm]

Charlie1986 said:

To me Oil shares are Shell or RDS etc.

Well I would go for Shell but DEFINITELY not RDS.

[DonkeyApple]

Maybe worth waiting until some kind of floor is in for oil. The Saudi strategy is going to crap. The main hurdle for the blue chip oil majors is whether they maintain dividend. You don't really want to be investing for the medium or long term until that little detail has been clarified.

Also, if Noble folds then it is likely to trigger a monumental rout in commodity stocks.

The short answer is that there is a fortune waiting to be made when the rally comes in but absolutely no credible upside in trying to guess when. As always the smart money is to wait until the turn is in and not piss away money gambling on when it might appear.

[GE90]

Hi All

A newbie here, but I would be grateful for any thoughts on the share dealing service to use please. Shares only at the moment!

I am looking at IG Trading and Hargreaves and Lansdowne, as I will not be doing many trades, and do not therefore want to pay an account fee. They both only charge an inactivity fee after 2 years.

Any help would be appreciated. Looking for a straight forward website, and clear/easy to use app.

Many thanks

[twinturboz]

DonkeyApple said:

The short answer is that there is a fortune waiting to be made when the rally comes in but absolutely no credible upside in trying to guess when. As always the smart money is to wait until the turn is in and not piss away money gambling on when it might appear.

But they're saying today was a bottom in oil .

Actually when I heard the $10 call figured sentiment was as bearish as it was going to get, time will tell if today was indeed the bottom, don't think so.

[g4ry13]

If you want to invest oil you could also use an ETF.

[traxx]

DonkeyApple said:

Also, if Noble folds then it is likely to trigger a monumental rout in commodity stocks.

Whatever you think of the basic businesses, the Noble and Glencore positions look similar to the end of Enron when it was facing the endless credit downgrades
Each downgrade resulting in increased collateral requirements which in turn make the credit position worse and draw down the final credit lines

[DonkeyApple]

traxx said:

DonkeyApple said:

Also, if Noble folds then it is likely to trigger a monumental rout in commodity stocks.

Whatever you think of the basic businesses, the Noble and Glencore positions look similar to the end of Enron when it was facing the endless credit downgrades
Each downgrade resulting in increased collateral requirements which in turn make the credit position worse and draw down the final credit lines

That's the exact issue. Combined with the counter party risk aspect of their clients getting closer to defaulting.

[DonkeyApple]

twinturboz said:

DonkeyApple said:

The short answer is that there is a fortune waiting to be made when the rally comes in but absolutely no credible upside in trying to guess when. As always the smart money is to wait until the turn is in and not piss away money gambling on when it might appear.

But they're saying today was a bottom in oil .

Actually when I heard the $10 call figured sentiment was as bearish as it was going to get, time will tell if today was indeed the bottom, don't think so.

The key is to only believe the bottom once it is proven. There will be so much upside to oil when it turns that it is mental to try and guess the bottom. Storage is the lowest it's been for decades. Supply elasticity reduces every day as operators starve the maintenance of their wells to stay alive. OPEC states are going to start having coups, something will kick off in the ME and there will be a supply shock leading to a strong price reaction.

I can't see a single argument for playing oil on the long side until the short side volatility algos move on to another target and there is more clarity over whether Saudi is going blink or die.

[twinturboz]

DonkeyApple said:

The key is to only believe the bottom once it is proven. There will be so much upside to oil when it turns that it is mental to try and guess the bottom. Storage is the lowest it's been for decades. Supply elasticity reduces every day as operators starve the maintenance of their wells to stay alive. OPEC states are going to start having coups, something will kick off in the ME and there will be a supply shock leading to a strong price reaction.

I can't see a single argument for playing oil on the long side until the short side volatility algos move on to another target and there is more clarity over whether Saudi is going blink or die.

Agree 100%, what's also been great is the correlation between oil and the Spx, it's always been there but recently seems to be even more so, one of these days oil will hold a rally, no doubt most will try and short it, but that day I wouldn't want to be short the markets.

g4ry13 said:

If you want to invest oil you could also use an ETF.

XLE is probably the best etf to play a rebound in oil.

Edited by twinturboz on Wednesday 13th January 14:04

[twinturboz]

Gpro game over !

[red_slr]

Why is that - very popular product?

[twinturboz]

red_slr said:

Why is that - very popular product?

Not last quarter it wasn't or the quarter before that , down 25% after hours. Pre announced even weaker results then they guided and cutting workforce by 7%.

They wanted you to think this is a content company, only way anyone long gets money back is a buyout now.

[shopper150]

twinturboz said:

Not last quarter it wasn't or the quarter before that , down 25% after hours. Pre announced even weaker results then they guided and cutting workforce by 7%.

They wanted you to think this is a content company, only way anyone long gets money back is a buyout now.

I can't really see anyone wanting to buy GoPro.

What do you guys think about the market action today? Dow down triple digits. Oil dipped below $30.
Is this the bottom for the stock market?
I don't think it's the bottom for oil.

[walm]

twinturboz said:

Gpro game over !

Well I don't like to say it but... I may have called that one!