Harbour Energy Share Discussion Threads

[mpclag] 01/12/2016 08:37

this makes the refinancing process easier than a walk in the park!

[leoneobull] 01/12/2016 08:34

Beg ask Crispin odey how his tlw short going opened about 1.60 now 3.00

[begorrah88] 01/12/2016 08:26

Shorters are not known for taking a hit and walking away. The usual route is to throw more money at it and drag it back under control so I don't think we are out of the woods yet.

[steve73] 01/12/2016 08:22

Good volume yesterday... more than 25MM shares traded for a 20% rise.

I'd have expected this to have been caused by at least a few shorts closing, but nothing as yet declared. Perhaps they're all too busy bandaging their wrists..?

[deanroberthunt] 01/12/2016 08:12

Manics, it was a typo, and I wasn't short, don't have an account whereby I can short individual stocks, for clarity

[ny boy] 01/12/2016 08:05

Two nos to watch

62p resistance

77p resistance,

the latter would be the highest short term likely target, it won't go higher than that

[manics] 01/12/2016 08:04

Fair play dean. Nobody could quite work out why you were short, but now we have clarity that you've been operating with a view that PMO have a $23bn debt. Makes a little more sense now.

I won't spoil it for you though.

edit: adg spoiled it for you :(

[adg] 01/12/2016 08:03

$2.3bn not $23bn
And actually that's not true about oil price / covenants
Try again

[deanroberthunt] 01/12/2016 07:59

Firstly, I wish to apologise to the goat shaggers, well done, they managed to take time away from their favourite pet to come to a deal...whether they abide by the deal is another thing....they usually renege on them, mostly, if not always.

Secondly, well done the longers, nice 20%....however, this act doesn't remove any issues that persist with PMO, namely $3bn of debt, and with the average Oil price for 12 months still below covenant test levels and that required to be cashflow positive.

but, well done and good luck

[withoutt] 01/12/2016 07:57

Chelly still short, or BBQ to a crisp. Gla

[leoneobull] 30/11/2016 22:55

Here is one that the employees of pmo would like the shorters to watch https://youtu.be/ZceUwCfQpvYEconmatters the oil short squeeze could go on for days apparently Sleep well

[leoneobull] 30/11/2016 22:35

Sounds familiar for poor pmo shorts???Some of the riskiest energy stocks - indebted producers of costly oil from shale rock - surged Wednesday after oil jumped 9 percent on news of an OPEC production cut.The move by the global crude cartel gave a new lease on life to the U.S. shale firms by prompting higher prices and opening the door for frackers to reclaim market share.Shares of Whiting Petroleum, North Dakota's largest oil producer, soared 30 percent. More than a quarter of its float was bet short, or positioned for an incorrect wager that the shares were going to decline, according to FactSet

[leoneobull] 30/11/2016 22:33

I really feel for the shorts herehttp://www.cnbc.com/2016/11/30/fracking-stocks-opec-just-injected-life-into-companies.html

[asa8] 30/11/2016 20:49

Its now time for Mr Durrant to deliver or step down 2 times this year there has been dodgy speculation about PMO which was untrue if it happens again the company should take legal action onwards and upwards.

[leoneobull] 30/11/2016 19:48

Dean licking wounds?!

[leoneobull] 30/11/2016 19:41

NY BOY REMINDS ME OF JANUARY FEBRUARY 2016 and short calls on pmo tlw. Interesting calls just completely wrong like November 2016. Will buy you a pint and you can explain

[ny_boy] 30/11/2016 19:24

More illiterate drivel.

[ny boy] 30/11/2016 19:21

fake ny boy you want to be but can't, get over it

I always say what I am going to do, I said there could be a 20%+ upside dead cat bounce go sell into, this has happened, I will take my profits tomorrow if the market allows me to. I'm not bothered about holding longer as I have already planned my exit from the trade, I careless if it goes higher, there is always another opportunity, the market is open M-Fri,bar holidays, I keep cash on deposit for other planned trades.

[ny_boy] 30/11/2016 19:11

He's starvin

[asa8] 30/11/2016 19:02

WHERE is that idiot marvin

[ny_boy] 30/11/2016 18:24

That was my twin, talking sh1te as usual

[ny boy] 30/11/2016 18:17

About time the bulls bought to bump the price up, reached initial target of 20% profit, tomorrow pls keep buying I sell into any decent rise to give me the return I anticipated, then leave some for the next man, I bet big, so a 20%+ return is rewarding as only 0.5% on deposit, I sell before weekend as there is a major news event coming out of Italy Sunday, i don't like surprises on Monday mornings.

I keep most of my equities in blue chip stocks for the 4-5% divi, the rest in cash to play for set % returns, trade without emotion, know entry & exits.

Next resistance here 62p & 77p