Hurricane Energy Share Discussion Threads

[dave999dave999] 25/11/2020 10:18

it's still a coin flip in my mind. but i'm in and not far enough to worry about having to get out unscathed.. a lesson will be learnt the hard way or i have some £££ i didn't have before

[ngms27] 25/11/2020 10:03

But what if only 1 of those 100 eyes is on the money like I was re the water issue?

The BoD haven't shared any plans or production data for the past two months, doesn't that bother anyone?

[lending900] 25/11/2020 10:02

Fair enough, I have such a small position its not even worth the effort to be honest, I have 15 years Investment banking experience - always fun though when you see double digit growth in 2 days..

GL all

[bocase] 25/11/2020 09:56

The other useful function of a bulletin board is that it gives you a hundred pairs of eyes. Someone will have spotted an article or analyst's report etc and post a link on here.

Just ignore or filter the idiots. They soon let us know who they are.

[encarter] 25/11/2020 09:50

Can sell 1000000 at 5p. Bodes well.

[encarter] 25/11/2020 09:47

Advfn threads are not the place for useful information. What useful information could you possibly find on a BB? I'm here for the optimism.

[dave999dave999] 25/11/2020 09:47

Lending900 yes there is some useful content here. it gets a bit diluted occasionally by when there is some action, lots of people turn up making wild predictions. but in general you will find some sense in many posts, you might not agree with it but most of it is well meaning

Dave

[telbap] 25/11/2020 09:40

Had a nose round all the usual suspects and it would seem a general warmer feeling to the oil sector, plus all the aforementioned reasons which has bumped us more than others, .....oh hold on we have been canes from 50p to 2p? that might have a little more to do with the higher bounce.

[lending900] 25/11/2020 09:37

Well I bought into the stock 2 days ago, just a small position as I am managing a small % of my SIPP now after taking out of employer pension.
So I am long at 3.74 with costs
There seems to be support at 4.7/4.8level on a technical basis - there is no technical basis for it to hit 10p unit, 2/3months away IMO
But just wondered if these threads were full of pointless people or it does actually have some useful information

[dave999dave999] 25/11/2020 09:28

21390
yeah does that been doing that for 5 years... :)
you wait and wait and wait then buy at the RIGHT price and it then falls off a cliff then it builds and falls and builds and falls and falls, until you modify your thinking to "if i can just get out of this with no loss i'll be happy"

then you average down and it doesn't really help but you do it anyway

slow drift into mental illness

and then you hang around on here all day

welcome to the club, jump in the water is lovely

Dave

[lending900] 25/11/2020 09:16

What is the reason for it to hit 10p by xmas? technical/fundamental?

[encarter] 25/11/2020 09:03

No reason why we can't reach 10p by Xmas.

[tomboyb] 25/11/2020 08:54

Decent sized buys in -

Brent hitting $50 per barrel should add more interest -

[encarter] 25/11/2020 08:49

Don't panic it looks like MMs were just taking out some stop losses before the next rise.

[wildsheroo] 25/11/2020 08:40

What a drop just when I bought this morning... story of my life.

[m5] 25/11/2020 08:36

Test will come here on any decent retrace and we will see the real appetite for the shares.

[ghhghh] 25/11/2020 08:35

I've argued before that CBs in a weak negotiating position as a result of low oil price ie they have to sanction remedial works in order to have a chance of achieving any sort of decent recovery.

Hence the increase in oil price is two edged for HUR equity. It raises the possibility that CB's might refuse to sanction remedial works and go into wind up mode, hoping for say 60% recovery. I think unlikely but clearly boosts CB negotiating position.

Flip side is higher oil price makes HUR much more viable and easier to attract investment/takeover etc.

Interesting times as we wait for next update....

[telbap] 25/11/2020 08:23

There appears to be a regular 200k buyer today, early doors but.....hhhmmm

[telbap] 25/11/2020 08:21

Nope he lost upto his SL of 99p and closed out. No chips from the chippy for Mr. JMP tonight.

[cervelo] 25/11/2020 08:13

justtrying124 Nov '20 - 16:11 - 21305 of 21378
0 0 1
New short opened now

How long is this one going to be open? A couple of hours for a few thousand loss?

[telbap] 25/11/2020 08:13

@bocase....21374.....LOL!

[eyeofthetiger] 25/11/2020 08:12

You are too conservative John. This has dropped from 50p a year ago. I can see this going on a major bull run as one of the best oil recovery tickers across the market.

[johncraven] 25/11/2020 08:06

So what explains the rise ? Are you kidding this has been down in the gutter for ages. It should be 10-15p it's risen as it's fallen far too much Shares can go up as well as down all the time you know.Fully expecting this to get back above 6p today