Diversified Energy Share Discussion Threads

[bountyhunter] 15/1/2024 13:16

muppets out in force today

[whites123] 15/1/2024 13:15

Anyone thinking DEC has seen the lows is gravely mistaken.

It is going to get really nasty here as the share price continues to plummet.

Down Down Deeper and Down, and Status Quo once said.

[bountyhunter] 15/1/2024 13:15

The 4m buy was at £11.04 way out of shorters dreamland!

[stevensupertrader] 15/1/2024 13:14

You are right ! US closed - apologised. even then DEC will certain to go under £10

[bazboa] 15/1/2024 13:12

US isn't open today lol

[stevensupertrader] 15/1/2024 13:11

Are you in dreamland - definitely under £10 later on even in the next hour before US opens . Shorters will be shorting more seeing the way DEC drops till now

[bountyhunter] 15/1/2024 13:11

Yes and at quite a premium!

[imnotspartacus] 15/1/2024 13:07

Yes £4m trade just gone through at £1104.5

[bountyhunter] 15/1/2024 13:02

The shorters will need to close, they are playing a dangerous game.

[kaos3] 15/1/2024 13:02

on the constant metrics they should be buying shares back. because they can not know tommorows share price so if it makes lot of sense to BB - they should be doing it. BB is not about speculation on fluctuation. it is above that imho. it is about creating value when it makes sense - regardless of the daily fluctuations

but they can not see constant metrics i am afraid .... so they stopped BB - to preserve cash probably

[siddiqur2] 15/1/2024 13:02

Right now it's bleeding and it has stopped today later on it's gonna jump and onwards and upwards from here

[stevensupertrader] 15/1/2024 12:57

On DEC Management is dead certain that more buybacks are worth it but for the past few months all DEC buybacks were throwing good money away , I am damn sure the Management is confused and puzzled and even begins to lose confidence . Definitely under £10 later on . Tell me who the hell wants to add n more now when they know they can buy cheaper later or even tomorrow or next week . Normally with such high juicy yield , everyone would jump on it but not this counter . Smart investors can smell blood 🩸

[bountyhunter] 15/1/2024 12:56

>> Nothing DEC can do to stop this

If DEC resumed buybacks at this level I think the price would soon rise.

[kaos3] 15/1/2024 12:55

yes ... today is probably collecting the cheap shares for the arbitrage purposes and shorts closing + reloading the shorting profit for the move up imho

[bulltradept] 15/1/2024 12:53

Big buy just went through.

[kaos3] 15/1/2024 12:50

yes ... makes my concerns .... dec is trying to preserve cash... if 100 pc sure.... buyback would continue at steady pace

but then again ... prudent management

[stevensupertrader] 15/1/2024 12:48

This is a ‘blood sucking‘ counter.
Every time the Co. stops doing the buyback for a few days , DEC revisits its low or breaking new low . Nothing DEC can do to stop this 😞 😞. AVOiD

[bulltradept] 15/1/2024 12:30

Its surely low vol and coupled with a shorting attack into the pattern, ie. double bottom?

[drk1] 15/1/2024 12:16

Posted this before, but for the doubters, well worth a read, paying particular attention to the comments on PwC (their auditors) and DEC's projected (and actual) well plugging costs. ;-)

[bountyhunter] 15/1/2024 12:14

XD 87.5c 29 February 2024

[siddiqur] 15/1/2024 12:11

When is next divident

[justiceforthemany] 15/1/2024 12:09

This does not reflect well for the NYSE either though. They held a formal ceremony for DEC only a week ago, got them to ring the closing bell etc. share price behaving like it is a rogue company.

[justiceforthemany] 15/1/2024 12:03

30% dividend yield :)

[kaos3] 15/1/2024 12:02

regulators did not react to the congressional letter for too long for it to be really legit