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The only problem is once oil goes above $50 the US producers will come back in so what price for TLW corresponds to $50? That is the value at which the TLW sp is likely to settle in the near term and possibly beyond 
TLW is obviously totally correlated to the price of oil based on recent evidence but don't despair - "Goldman, like most analysts, sees a dip in output from U.S. shale producers as the key to higher oil prices. A ramp up in shale oil output over the past year has reduced U.S. imports and offset production cuts by OPEC producers and Russia to leave oil prices wallowing near their lowest point since November.The dip in oil prices has been accompanied by falls in oil stocks that has created opportunities to buy in some of Europe's strongest names, claims Goldman."We ... see the sell off as an attractive buying opportunity in our favored stocks, including Total and Lundin, whilst we have also started to see investor interest in higher beta stocks that have sold off such as Tullow," wrote the bank."
RNS out Colin Bird as bought some shares in JLP. Come on Leon its your turn now.
I can confirm QFI are currently in talks with marine operators regarding using Msar2.
TARGET PRICE - Finncap target price is actually 28p, not 20p.
They are quick to release RNS's when the share price rises for no reason, but now dead silence from the BOD when the share price is tanking for no reason. Come on BOD. Do your job and create some shareholder value for long time holders
Bought HUR at 56p do people think the price will recover and what to?
#HNR PATENT APPROVAL #HNR Patent Approval massive boom 😇😉💥🔥⚡ï¸ðŸ˜€[link] … …⚡ï¸ðŸ”¥ðŸ’¥ðŸ˜‰ðŸ˜‡
McDonald's Corporation (NYSE:MCD) just put in a major top. Not only is trading above a 27 P/E, historically insane, but McDonald's Corp opened higher today and sold hard on volume. The jump this morning came after Cowen upgraded the fast food company and placed a $180 price target. Let's think about this for a second. In October 2016, McDonald's Corp traded at $110.00. Today it hit a high of $155.28. That is a whopping percentage gain of 41% in 8 months.
Think about that, after a 41% gain, now an analyst upgrades it? That is some sort of wacky joke. This is how tops are created. The reversal signals institutions are selling into the upgrade volume. I have a downside target on McDonald's Corporation at $134.25. This would be about a 50% retrace of the 8 month up move. Hold on and enjoy the ride. I am loving the short trade.
Gareth Soloway
InTheMoneyStocks