Harbour Energy Share Discussion Threads

[begorrah88] 07/6/2017 12:18

Worst performing oiler yet again

As I've been saying - POO isn't the problem here

The problem is TD sold out the shareholders with the poor finance package and he can't even get that through. Invited shorters from around the globe to smash his company share price and then granted them extension after extension.

[begorrah88] 07/6/2017 12:01

I think it is less about the warrants and more about genuine shorters thinking the risk/reward on PMO going belly up is just too tempting for them especially as they have control of the order book.

TD has continually and consistently failed to meet dates for over a year now so they have history on their side and we are consigned to hoping that he gets one right for a change.

Based on all known history of TD that is an extreme long shot

The fact that neither he or any other director is buying any stock at all [other than their freebies] is a pretty massive clue as to the risk in PMO

[nav_mike] 07/6/2017 11:20

Trouble with my previous statement that PMO is falling with other oilers, is that when they (TLW & ENQ) bounce 5%, good old PMO barely manages 1%

If they are still forward selling the warrants, they can still bank a 20% profit for less than 2 months 'work'

All we can do is pray that the actual issue of the warrants will indeed allow a lot of the shorts to close....if they indeed actually want to

[begorrah88] 07/6/2017 09:30

Some people would want to establish why their broker is zooming them.

We see buys, like that one just now for 82875 shares, go through at full ask [54p]. Why did that buyers broker not put that on the book at 53.75p? just like the DMA boys do with virtually every sell.

It would have got taken at 53.75p so the buyer would have had a better price but very, very few do.We see it all the time.

It isn't because it was an automated trade done via online as then it would have been an 'AT' trade and not an 'O' trade.

I'd be changing broker if mine was zooming me like that.

[begorrah88] 07/6/2017 08:44

Unfortunately that is spot on Mike

All research,fundamentals and tools used by everyone to make investment decisions are now redundant and we are all trapped by hedge funds sentiment.

I'd expect a small spike up before they walk down again as they have nearly killed off any support and they'll want to lure some more in yet on a false rise.

Still - momentary respite with 53.75p back on the bid....for now!

[nav_mike] 07/6/2017 08:34

There just seem to be a lot of hedge funds whose sole purpose at the moment, is to sell down oil and oilers

PMO TLW and ENQ all getting hammered day in, day out

We will turn when these funds decide there is more money to be made to the upside.

[begorrah88] 07/6/2017 08:30

...and now the bid is being taken down even without any AT sells

53.5p just got removed and then 53.25p removed

now 53p

[begorrah88] 07/6/2017 08:08

Didn't take long did it?

53.25p bid again and any benefit of a 70 cents gain on POO since we closed yesterday gone along with any benefit of a 4 million buy late reported yesterday.

Are they trying to kill this quickly - seems there is no support or defence at all for PMO

What does the market know that TD is keeping from the shareholders?

We've all been sold down the river to keep the creditors sweet - was that part of the agreement for TD to get a payrise?

[oilretire] 07/6/2017 08:08

Which developments are struggling?

[leoneobull] 07/6/2017 06:59

Very frustrating. We have been here before though. When poo is weak....Enq 30p tlw 177p pmo 53.5

[marvin9] 07/6/2017 06:52

RALF! Where are you with you one liner?

Where is the other dope Puppet Durrant?

EMPLOYYYYYYYYYYYYYYYYY THE MONKEEEEEEEEEEYYYYYYYYYYYYYYY

[bigsi2] 06/6/2017 21:39

API exceeds estimates WTI Crude -4.62m, Gasoline +4.08m, Distillates +1.75m, Cushing -1.56m.

[marvin9] 06/6/2017 21:10

45P VERY SOON AT THIS RATE

[glenkaz] 06/6/2017 20:36

More to drop IMO I will get my losses back here why I buy in! I'm waiting to pounce and that ain't yet!

[fireplace22] 06/6/2017 17:43

The 0.5M trade knocked a penny off the sp, I'd have thought that if the 4M were a sell we'd be below 50p now?

[anony mous] 06/6/2017 16:45

28252Agree, same here.

[begorrah88] 06/6/2017 16:38

4 million buy or sell from earlier?

Shorters getting some stock back and share price taken down to meet the buy?

Who knows

All we do know is the share price continues to fall each day and all PI's investments are lower than they were at the start of the day

[begorrah88] 06/6/2017 15:52

Same every day Mike

They have a process that wins every time. Support has evaporated as it knows it is pointless.

Still 7 more weeks of this absolute minimum unless the vote loses before then in which case it will be curtains and an awful lot of shorters will be dancing a jig.

Not sure if Directors are able to buy at the current time [can't see any reason why not] but none of them are coming near it so there is a massive clue in that of what is coming.

[begorrah88] 06/6/2017 15:45

Now 53p bid FFS!

[begorrah88] 06/6/2017 15:42

There's todays' penny drop

Seldom a day missed to walk the share price down

POO not really moved so all still about PMO

Shorters raising a glass to TD for the extended opportunity