Long GENEL today

Trendfriend,
I have a loan oh 14k£ and I have 14k£ cash.
Not sure if I shall pay off loan or buy GENEL.
Just holding back. Read few articles oil could b range bound 40~65$.
Ta
G

Can only tell you what i would do in that situation Paitech...
I would pay of me loan..

In any case these markets are scary atm..
Takes a brave to go long right now in any case..

I think Genel has not bottomed out yet jmho..

From fools...

I've recently bought back into Genel but too soon and my average price c. 420p. I like Genel because potential to be a long term hold since can outperform oil price - low OPEX/CAPEX and gas to Turkey. Good balance sheet and can survive any storm thanks to domestic sales for which they are paid. With KRG 'committed' to regular export payments from Sept, the shares look oversold at an all time low of 343p. Haywood said he is expecting current sales to be paid in full but market assuming a token peanut. I suspect something in the middle.

boards.fool.co.uk/when-to-buy-13254722.aspx

uk.advfn.com/p.php?pid=chartscreenshotsh...7MWcMzw=&symbol=L^BP .

Getting there.....
this is making its way to the target

280p (ish) if it hits the falling support trendline this week...

Regards,
Trendfriend.

Bought some genel at 290p. First tranche...will addd more when it goes below...

Happy with my 10k£ purchase at 290p....now need finding a right price to sell....