Hardy Oil & Gas Share Discussion Threads

[tempramental] 27/10/2009 11:31

support at 230p?

[gdasinv2] 27/10/2009 11:28

300% from 515p...i.e 512/2 = 256/2 = 123/2 = 64p almost target price

[smarm] 27/10/2009 11:23

Andy - ....buy a copy of RB's book to see how he trades. He uses sound fundamentals and pays passing common sense to the charts.

S

[nicksig] 27/10/2009 11:23

How can you have a 300% drop? 100% = 0p!

[gdasinv2] 27/10/2009 11:23

300% drop on the card now. Institution already sold 30%

[maak128] 27/10/2009 11:20

i make this now 60% drop since freaky friday.........

[uggly buggly] 27/10/2009 11:16

Uggs wouldn't buy this over £2 LOL

[rgolding1978] 27/10/2009 11:09

mallorca, bet you've lost a fortune over here.

[abcd1234] 27/10/2009 11:08

"We would expect Reliance to be able to use data from this first well in the planning of the next one (which could now be in late 2009, allowing for a suitable period of analysis). In our opinion, the seismic evidence remains positive with respect to the hydrocarbon potential of D9, as does the read-across from D6."

[gdasinv2] 27/10/2009 10:57

Filter me if you want????

I am from India...I know what is happening for HDY? They have almost no cash and PY3 shutdown...sell them all...until they get a loan from SBI, which they are planning MAR 2010 when RIL is planning to dig the next well around D9 in Oct-Nov2010. So uncertain...

[keelingr] 27/10/2009 10:50

mallorca - have you not noticed that this is continually dropping? rose-tinted glasses springs to mind!

[mallorca 9] 27/10/2009 10:21

Its a Co he seemed to like Andy.
He'll be back in once he is sure its on the way up.

I see that selling seems to be drying up.

What an opportunity this is.
What point to buy in / more at though ?

[andy] 27/10/2009 10:09

mallorca 9,

Yes I'm waiting for his comments with interest too.

I suspect he will mention the stop loss, not sure if he will jump back in though, I suspect he will have moved on, as traders do.

[sidarthur2] 27/10/2009 09:59

naked trader?? 20/20 hindsight!!

wotta wally!!!

[mallorca 9] 27/10/2009 09:47

Cheers Andy,

I will be interested to see his update tomorrow on his trading diary.

I'm expecting to read that he sold out at his stop loss last week.
More interesting though will be whether he has bought back in with a new target.

[rajstar] 27/10/2009 09:43

you should not trust any one. Right now this is like catching a falling knife. any retrace back up is to suck buyers in before the fall down again.

[binladin] 27/10/2009 09:41

cash call soon at 100p......just wait and see if you can trust indians...

[andy] 27/10/2009 09:41

mallorca 9,

You can follow the NT here;

[sos100] 27/10/2009 09:40

binladin - 27 Oct'09 - 09:15 - 855 of 860


i dont have a postion. but i have done the research and the shares are over valued, considering it has squandered 50m and could do the same again or even reliance might pullout of d9.

you spent most of friday saying its undervalued now its overvalued.....and you say you have no position here!!!

[andy] 27/10/2009 09:39

mallorca 9,

You hit the nail on the hread, RB is a TRADER, and therefore, possibly doesn't do the same DD as an INVESTOR!

He usdes charts and TA, and looks for trends, and does it very sucessfully too, IMO.

I bet his target is lower now!

[cockney sparrow] 27/10/2009 09:37

Tipsters are never 100% right.