Harbour Energy Share Discussion Threads

[dealer1972] 02/2/2018 15:39

I believe there's a gap at 79.3p that needs filling! Could get filled today given this volatility! ;)

[american idiot] 02/2/2018 15:28

Well, I certainly wouldn't base a trading decision around one director purchasing 60000 shares @ 83p. It's probably a few weeks wages to him.

Not short at all here. Just waiting for a better entry level to start trading PMO again.

[mercer95] 02/2/2018 15:24

And what’s Carillion got to do with Premier, it makes no sense

[mercer95] 02/2/2018 15:11

I’ve always used them as an indicator & it’s the second one this week,I’m glad the market is selling off so it can recover & push on

[mercer95] 02/2/2018 14:58

The chairman’s not worried,Roy Franklin bought 60,000 shares on Wednesday at 83p according to interactive investor

[american idiot] 02/2/2018 14:57

Its the usual late January pullback banking profits from over the Xmas rally period. Think we have a bit more downside to come perhaps still.

Perfectly healthy of course but if you are trading on margin then it can get a little scary.

I've took a battering on IQE, also have losses on CNA and BOO at present. Not so happy at the moment. All a bit of a struggle.

Thankfully, no losses on PMO. Watching and waiting patiently to see how the potential H&S pattern on Brent plays out.

If the pattern does play out then the initial Brent target would be around $66. What this would mean for PMO I have no idea, however on the balance of probabilities (knowing PMO) it'll mean the shareprice will fall.

78p still my initial target.

[american idiot] 02/2/2018 14:42

A break below $68.03 for Brent is going to be the catalyst for furthur falls.

Brent currently trading at $68.62. Down $1.02 on the day.

[steve73] 02/2/2018 14:23

I'd make a guess that the CBH's had got wind of a rumour that an early offer was possible so the price was "artificially" lifted either by them or for them. Once the deal got done the price has settled back into the steady rising channel.

If we'd read it correctly it was perhaps a good trading opportunity. I sold a few of mine this week and put some of them into OPHR - where I managed to get almost the bottom of the recent dip... and others into ENQ where I missed!! But I was much too heavily loaded here (over 50%) so I needed to offload a few... pity I was a couple of weeks too late though..

[bakedbean57] 02/2/2018 13:41

I've always been long just been here far to much time now and still waiting for a fair share price to materialise, I dislike the practice of shorting and think it's parasitic to be honest. Takes away from a true market.

[mercer95] 02/2/2018 13:32

Are you long or short bakedbean?

[bakedbean57] 02/2/2018 13:25

So Brent future back at $69.86 and yet we languish around the 84p mark anyone else waking up to the fact we PI's are getting continuously shafted here but don't worry we are told be jam for breakfast tomorrow. Where's the II holdings updates we've had none at my last count none... one frustrated long term investor who's getting fed up of this bullsh!t next week mentality. We get hammered on the drops and no traction on the retrace all while the BOTS happily play every decker else but the PI is getting paid we are doing the paying!

[mercer95] 02/2/2018 13:13

Many fears are born out of fatigue & loneliness, today is for the weak willed & the peanut collectors, the tide will wash in next week,hunters will always hunt, we enjoy it.

[mercer95] 02/2/2018 12:55

The price today is of no importance, next week will be better.

[bakedbean57] 02/2/2018 12:50

Where's the blue day ?

[marvin9] 02/2/2018 12:39

Opps posted twice

[marvin9] 02/2/2018 12:39

Is that a quote from puppet Durrant?

And I can see the Similarities between a coiled rattle snake and Durrant.

[mercer95] 02/2/2018 12:25

A good trader has spent many years studying the terrain, the market, at first lost as in a jungle but Level II becomes the compass, the magic book, plots the swamps & the high grounds where the fruit is rich, he learns that peanuts are for the monkeys in the trees, a good trader becomes the hunter,not the prey,he learns when to lie still like a coiled rattle snake, happy to wait,enjoy the wait or when to swoop down on its prey, a good trader is relentless, like water crashing down,certain the catcher wave is coming.

[marvin9] 02/2/2018 12:18

Lol welcome to the rope a dope world of PMO Mercer.

Pillock lol

How have you survived so long as a trader lol.

[american idiot] 02/2/2018 11:39

Mercer...I like your ethos.

However, as a trader, watch out closely for that Head n Shoulders pattern on Brent. If the pattern plays out then PMO's shareprice will take a bath...along with every oiler out there.

Best of Luck.

[bakedbean57] 02/2/2018 11:26

Erosion and corrosion of the SP!