Diversified Energy Share Discussion Threads

[putinaire] 26/9/2024 13:02

Look where shorts reduce a bit?

What a mislead

Short reductions

Director buy

What a set up at double bottom

This f●●ker will be shorts >10% at share price <800

[putinaire] 26/9/2024 12:58

I don't do patterns etc but to me, looks like the range is firming weekly H&S

If so, I cant see a soft exit sub 800

Will be trapping bad news or something catching holders with a smacked down open

[putinaire] 26/9/2024 12:56

Not intentional of course lol

[putinaire] 26/9/2024 12:55

No. What a spot for a Directir buy though 😂

[bulltradept] 26/9/2024 12:27

Is the double bottom in on the daily?

[putinaire] 26/9/2024 10:06

You lot need to research director buys at X moments, much more, broadly

[putinaire] 26/9/2024 10:05

Ffs
You've just been set up. Today was slaughter call on RNS

And it wont be long

[bountyhunter] 26/9/2024 07:03

Another Director buying..

Diversified Energy Company PLC (LSE: DEC) announces that that Martin Thomas, Non-Executive Vice Chair of the Company's Board of Directors (the "Board") recently transacted in ordinary shares of 20p each in the Company ("Ordinary Shares"), as set forth below.



Mr. Thomas acquired through the market 1,035 Ordinary Shares at an average price of 822.98 pence per Ordinary Share on September 25, 2024. Following this purchase, Mr. Thomas is now interested in 113,850 Ordinary Shares, representing approximately 0.232% of the Company's issued share capital.

[action] 25/9/2024 16:05

New low of year. From 1600p to 800p

[stevensupertrader] 25/9/2024 14:00

SP. Is falling fast another record Low - this is a money pit counter .
Only fools rushed in to buy !!!!!
Time and Time again I informed and repeated myself this dead horse counter .Luckily I got out completely over £10 even sustaining or taking a big hit . Now I am over the moon 🌝

[justiceforthemany] 25/9/2024 07:55

Volume is super low.
10% dividend.

[justiceforthemany] 25/9/2024 06:34

x4 director buys
No freebies either and decent amount

[bountyhunter] 25/9/2024 06:24

Directors are buying..

Members of the Board transacting in Ordinary Shares included:

• Rusty Hutson, Jr, CEO and Executive Director

• Bradley G. Gray, CFO and President

• Sandra M. Stash, Independent Non-Executive Director

• David J. Turner, Jr., Independent Non-Executive Director



Details of the Board member and PDMR transactions in Ordinary Shares and the resulting positions in the Ordinary Shares of the Company are as follows:



Name

Activity

Date

Activity

Type

Number

of shares

Trading Venue

Average

Price

Rusty Hutson, Jr

9/24/2024

Buy

7,500

NYSE

$11.280

Bradley G. Gray

9/24/2024

Buy

3,000

NYSE

$11.232

Sandra M. Stash

9/24/2024

Buy

1,040

NYSE

$11.253

David J. Turner, Jr.

9/24/2024

Buy

4,400

NYSE

$11.277



Following the transactions, the total interest and per cent of the Company's total issued share capital ("ISC") of the aforesaid Board members and PDMRs may be found in the table below:



Name

Total Shareholdings

% of ISC

Rusty Hutson, Jr

1,234,134

2.516%

Bradley G. Gray

29,923

0.338%

Sandra M. Stash

4,092

0.008%

David J. Turner, Jr.

33,087

0.067%

[bountyhunter] 24/9/2024 20:14

Yes, for future reference shorts reduced to 8.76%

[justiceforthemany] 24/9/2024 20:02

FTSE small cap.
US short % has been reduced by half a percent.

[lab305] 24/9/2024 09:59

It's not still in the ftse is it ? Certainly not in the 250 anyway. A few more months like the last few and the AIM will be an achievement!

[scepticalinvestor] 24/9/2024 06:45

Most shorted ftse stock.Expect a 50% further fall

[johnhemming] 24/9/2024 06:37

The issue for DEC is that they have not hedged the more recent purchases because they expected a La Nina winter (which looks most likely at the moment) and that will push up gas prices more generally (on a strip basis).

The rig count has dropped by 1 from 97 to 96 as well.

[leoneobull] 24/9/2024 04:52

Nat gas up to 2.86 or so. I know DEC hedged largely, but it's important to keep up the future price curve.

[bountyhunter] 23/9/2024 17:07

..and the HH gas price is still heading upwards as might be expected from this time of year.

[justiceforthemany] 23/9/2024 16:34

Short position down by around 1%.

[bountyhunter] 21/9/2024 15:29

I had to look up quadruple witching having only heard of the triple kind.
The explanation of both does suggest that high late volumes on the third Friday in September could well occur due to simultaneous expiration of stock index futures, stock index options, stock options, and single stock futures derivatives contracts.

[bountyhunter] 21/9/2024 12:16

That could be it, was it the witching hour? ;)

[skinny] 21/9/2024 09:36

The volume possibly down to quadruple witching.