Harbour Energy Share Discussion Threads

[anony mous] 12/6/2017 11:55

The last bounce off 50p took it to 99pSame again ?

[upwego] 12/6/2017 11:49

Every man and his dog piling in now looks like the financing is sorted now :)

Better get in or miss the boat :)

[upwego] 12/6/2017 11:28

Looking great guns oil bouncing of the lows as well :)

[upwego] 12/6/2017 10:25

Heavy bounce coming hold on to you hats 48p was the bottom timed to perfection!!

[carla1] 12/6/2017 10:16

All aboard..Shorts closing..She gonna blowwwwww

[sirmark] 12/6/2017 10:00

Here we go :)

[begorrah88] 12/6/2017 09:21

Completely agree about POO sub $40 but I don't know about laughing at $60+ especially if the financing isn't finished.

[wallywoo] 12/6/2017 09:12

But it still a gamble on the oil price, whether you believe it or not. I state again an oil price below $40 for an extended period PMO will not survive or at the very least be subject to a hugely discounted rights issue. At $60+ you are laughing.

[sirmark] 12/6/2017 09:05

I feel last week was just to need out the week holders so the money men can get as much stock as they can before they run it back upThis week I feel should get back the mid 60's

[wallywoo] 12/6/2017 09:05

True begorrah, but PMO had hedging in place then at much higher POO. Not so now.

[begorrah88] 12/6/2017 09:03

Looking more encouraging now

[begorrah88] 12/6/2017 09:02

wally

It is the financing, and all the 'technical trading', that has caused the collapse in the share price

POO will do what it does. A year ago+ POO was $42 and the PMO share price was 72p.

POO has risen 10%+ since then and PMO has fallen 32% primarily due to the inability to bring the financing to a close.

[begorrah88] 12/6/2017 08:58

Having said that your call at the time was a lot better than mine!

[wallywoo] 12/6/2017 08:58

oh right sure, there is nothing fundamental at all driving the share price it is all the shorters!

Funny when a share price is on a massive rising streak, everyone thinks it is the fundamentals of the business thats driving it not the longs. Cycology and the stock market! Keep you emotions in check begorrah.

It is when all the 85p buyers lose the faith and sell out is normally the time to buy. Still too much "hope" and disbelief here yet.

[begorrah88] 12/6/2017 08:53

wally

Still disagree with you.

POO is just a handy catalyst that is masking the shorting activity due to the financing.

Yes it has a huge bearing but PMO is falling disproportionately to POO and other similar companies.

If POO was still $52-$55 PMO would still be taken down.

Warrant exercise price 42.75P is that the target for the shorters?

[wallywoo] 12/6/2017 08:48

The stock market is an interesting world. I remember posting this when the share price was 85p or so. No one listened, or paid any attention then. Now at 48p, everyone knows the oil price is critical for PMO to recover - but most are too scared to buy in (when they were bullishly buying in at 85p). "C'est la stock market".



PMO starting to look interest again, but not yet.

[begorrah88] 12/6/2017 08:17

Now the 8.15am sell bots have been turned on and we are 48p bid

Absolutely shameful

[begorrah88] 12/6/2017 08:14

...and there we are red already.

Main sell bots not even turned on yet and PMO had given up.

We can only guess how far they are taking it today

[nav_mike] 12/6/2017 08:08

Jeez....oil markets positive/calm over friday evening / asian trade, but soon as europe opens they start selling it down

Cant see obvious reason for it other than it must suit their trading agenda

[begorrah88] 12/6/2017 08:07

More of the same today by the looks of it.

Bid & Offer being reduced as buying is happening and taking it down without AT trades now.


Plus Brit POO speculators doing the same as they do every day, pushing it down.

[ny boy] 12/6/2017 07:22

NY Boy - 04 May 2017 - 18:11:13 - 27556 of 28375 Premier - Charts and All - PMO
Chart looks bad, final capitulation leg Down, has taken time but closing in on, important sppport @ 48p

[begorrah88] 12/6/2017 06:06

That article sums it up well