Harbour Energy Share Discussion Threads

[begorrah88] 26/4/2017 09:35

He also said '2 weeks' to sorting the financing in September and expected the share price to rise then.

[nav_mike] 26/4/2017 09:31

Yesterday was a pretty key day imho....if confirmation of the 75% wasnt enough to stop the shorters in their tracks, i dont know what will be.

Anyway, nothing to worry about - Tony said the shorters will 'hopefully dissipate over time'.

[begorrah88] 26/4/2017 09:21

You're probably right NAV

Maybe they think there is more dilution coming so don't see a rise in the sp

It does seem that the shorters etc are either extremely brave or they are very confident.

[nav_mike] 26/4/2017 09:02

I still think its just as likely that debt holders who know they will be getting warrants at 42.75p are short selling against these to lock in a 40%+ profit.

Yes they could make more money if they held on and let the price rise, but it would hardly be surprising if many of them didnt have faith in TD and wanted to bank a profit now.

Who knows, perhaps all this was part of the refinancing discussions?

One thing for sure, I would love to know how the 62p base conversion price and 42.75p warrant price were arrived at. It really smacks of debt holders being given free money as an incentive to agree to the refinancing terms

[begorrah88] 26/4/2017 08:53

I think this is a genuine short in play now.

Since TD sounded the clarion call to call all shorters attention to the 62p VWAP and inability to hit timeframes, many new ones have taken a look and fancied they could join the shorting party at PMO.

...and there we go through 62p - next stop the 50p's again?

There doesn't appear to be any market confidence whatsoever in PMO so do they all know something we don't?

[deanroberthunt] 26/4/2017 08:50

there's a reason for that, if you deal with facts not hope

[nav_mike] 26/4/2017 08:46

Basso Capital Management increasing their short, but to be fair its only about 450k shares since they last updated at end March

[begorrah88] 26/4/2017 08:45

TLW up, ENQ up

Just PMO being beaten up again

[begorrah88] 26/4/2017 08:42

2 consecutive sells at 8.19am 65821 shares and then 75192 shares

They were only bought yesterday at 4.29pm - exactly the same 2 trades as buys.

Either someone had instant regrets or, in my opinion, some nonsense trades being put through and then reversed to obscure what is going on with the 'management' of the book & trades.

[begorrah88] 26/4/2017 08:36

Who remembers the halcyon days of the VWAP when there were days when PMO had mildly positive days and there was hope that it would soon be over and the share price could go back up?

Who knew that was going to be the norm from then on?

More clear evidence that positive POO movements have no bearing whatsoever on PMO share price but any weakness today will trigger a raft of AT sells.

[deanroberthunt] 26/4/2017 07:24

Marvin.

some punters on here are akin to a wife so madly in love that she can't see that he's a bad egg.

[deanroberthunt] 26/4/2017 07:22

this glut is here to stay for another 5-7 yrs

[marvin9] 25/4/2017 20:43

Most corrupt price manipulated stock on the market, without comment from governing bodies or more so, from Fat Lazy Tony!

Worse oil stock on the market by far... including penny stocks

[asa8] 25/4/2017 20:33

Whats the point of investing your hard earned money here the private investor doesn't stand a chance

[bakedbean57] 25/4/2017 18:06

Somebody is playing a very good game.

[nav_mike] 25/4/2017 16:14

Forward selling against warrants yet to be issued or something to do with all those swaps/holdings that were announced a while back?

I really am at a loss..not seen this so constantly in all the years I been investing

[begorrah88] 25/4/2017 16:10

It is embarrassing how a major stock can be so 'managed'.

It looks as though AT sells have been linked up to POO movement again [only when it falls obviously] and POO is being driven down regardless of whether there are builds or draws. The only difference is a draw gives a momentary lift before it gets thumped down hard.

You have to wonder who thought 'Ah, I see they've got the bond holders locked in - now is the time to dump 3 mill shares' but they have been proved right again.

Baffling

[nav_mike] 25/4/2017 16:03

Days like this just make you want to give up

To see such constant automated selling on a good news day makes you realise you are playing in a rigged casino