Harbour Energy Share Discussion Threads

[csmwssk12hu] 02/2/2021 09:22

The technicals, last time it hovered under 20p it hit 27p within a week, the share price is approaching the 20 day ma and direction says it’s about to cross, the rsi is heading up from its trough look at the charts above, whether the Stan and Andy show likes it or not it’s going higher based on all those alone imho dyor

[csmwssk12hu] 02/2/2021 09:17

Why do you think every new shareholder will forward sell there shares? If you were owed £8m and someone offered you £50m of Sony PS5 worth £500 each would you go out and sell them at £80 each and get your £8m back? No. Would you sell at £160 and double your money? No. You would sell them for as much as you could that’s what is happening here, they know they are worth more so they are going to hold them and wait for good news like the rest of us, this will be in ftse 100 and that will supply the buying they need, on that day they will be nearer to 35p and 50p then 8p and 16p imho dyor

[csmwssk12hu] 02/2/2021 09:08

The squeeze has already started PMO has outperformed oil stocks by more than 5% for the last 3 sessions by more than 5% and it is doing it again today, once we have mopped up the excess at low level we will push forward swiftly, you have been informed imho dyor gla #tothemoon #pumppmo pump that oil Pmo

[undervaluedassets] 02/2/2021 08:36

Yes but there is value here.

Trades under net tangible asset value.

So why not a short squeeze here?

Makes sense from both a technical point of view and a fundamental one.

Anyway these short squeeze mobs don't need anything to make sense.

They just need to know that their target is well shorted and then SQUEEZE.

[andypop1] 01/2/2021 23:25

Stanley,
I don't think there is a Reddit plan for PMO, from what I have seen a couple of the patients from the asylum have got hold of the WiFi password, one even posted a rocket on the site!
The inner circle made a killing at #gamestink, well done to them but the foot soldiers are now scrambling for the exit.
Interesting to see whitebox reduced their short slightly on Friday, I will be watching that with interest.
Good luck, night.

[stansmith3] 01/2/2021 22:44

andya share i follow closely is bte...it used to be 50$ before shale killed the oil pricebasically it did a pmo and is now under a buckreddit has just decided shorters drove it down and if gamestock can go to 400, well bte can go back to 50..coordinated retail on mass is clearly something thats been waiting to happen...my money is on the sharks separating them from their moneygamestonk just itching to issue shares.....another reason it's going through the floorwhats the reddit plan for pmo, ride up and sell or unleash pmos true value?

[andypop1] 01/2/2021 22:04

csm,
"How is the LSE board Andy with the #pumppmo, I don’t have it, prefer here"

Desperate and full of unwarranted hope would probably be the best way to describe it, lol.
Good luck.

[csmwssk12hu] 01/2/2021 21:05

It’s very possible

[cromw3ll] 01/2/2021 20:02

To invest here I'm asking myself...

What news would get the shorts terrified and get out here?

And is that news possible?

[stansmith3] 01/2/2021 19:20

well given the product offered by gme is being replaced by direct to consumer models, the uprising is going to fail spectacularly... pmo is now only one nineteenth of the new entity, best of luck with thatthis is just a continuation of the story thats been on here for years, advfn posters know better than the market....how has that worked so far?the only people in the blue bought been 12 and 18everybody else is nursing massive losses500p to 19p..at what point do you realise?and if the board had their way, they would have completed the bp deal and a year down the line would have been doing another refinancing deal...ffs wake up

[csmwssk12hu] 01/2/2021 18:40

#pumppmo yes it’s spreading, the silver is a distraction by the media, GME continues

[stansmith3] 01/2/2021 17:09

agreed,why do you think the price is still 19?it was around this price before the uprising lolwouldnt you have expected this to be below 19 by now, i would fwiw, so interested to see how it plays out, no position and no plans whatsoever, too risky for me

[andypop1] 01/2/2021 16:20

Stanley,
The irony of this hilarious attempt to cause the shorters (creditors) pain is they will hold three times as many shares as current shareholders and stand to make 100% for every 8.6p rise from 8.6p, they must find this quite amusing, I do!
Good luck.

[stansmith3] 01/2/2021 13:49

shorters are usually a bit more capable, i would have thought the pumppmo effort plays right into their handsthe fact that pmo is still around this price amazes me, but then i dont claim to know where the share price is going unlike our resident bull gang

[weemonkey] 01/2/2021 12:11

If I was short here I would be "uncomfortable" shall we say

[weemonkey] 01/2/2021 11:35

I did a search and PMO is popping up all over the place. hardly surprising given events last week with Gamestop

[undervaluedassets] 01/2/2021 11:04

I have added risk/reward is improving.

[undervaluedassets] 01/2/2021 11:03

Prime short squeeze target this stock.

Unloved..
Lots of assets..
And heavily shorted
Institutional shorters have been trimming positions everywhere.

I wonder if the Reddit Uk crowd are watching

[csmwssk12hu] 01/2/2021 01:24

How is the LSE board Andy with the #pumppmo, I don’t have it, prefer here

[csmwssk12hu] 01/2/2021 01:21

Who says they will forward sell? Surely if that was the plan we would already be there? Or do they realise there is more value in holding?

[andypop1] 01/2/2021 00:47

Csm,
When the shorts hit 300% you will know there is next to no overhang!
#pumppmo, good luck.

[csmwssk12hu] 01/2/2021 00:42

The higher it goes the better for everyone then?

[andypop1] 01/2/2021 00:38

csm,
I'm not missing any point, are you?
The higher this goes the better it is for the creditors who will have excess shares over and above those they have forward sold through their short positions.
Your ignorance of this company's situation is astounding, yet you continue pumping it?
I hope there is a massive pump and dump on this stock as a lot of people are sat on huge losses due to the incompetent management but the shorters won't burn in the unlikely event of it happening as they are the creditors who will own three times as many shares as the current holders.
Good luck.
#pumppmo, lol, good luck.

[csmwssk12hu] 01/2/2021 00:06

Why sell something you pay 8p for at 19p when you could sell it for 35p, ooh that squeeze is going to be tight, your missing a serious point, GameStop has caused $20bn in unexpected losses, this leads to closing of positions long and short to plug the gap, as shorted stocks rise more positions close and more turn long to ride the wave, the opposite also happens to positions that were long hence the broader market decline, the key is to be in shorted stocks right now, repeat of 1999 and 2008 imho dyor