Harbour Energy Share Discussion Threads

[fitton] 18/10/2018 10:51

onebd1

I have thought about your comments yesterday and wondered if you consider there is any truth in in the following.
Trading in PMO at this moment in time is not based on company fundamentals. The share price is being deliberately manipulated and forced lower by using small multiple trades to try to influence the AT trading system.The likely outcome of this action is to force the share price to a level that will give the professional traders, hedge funds etc a much greater profit than may be possible by trading on company fundamentals alone.
Or regardless of the improving outlook of PMO the share price is tracking the oil price? or neither

[edjge2] 18/10/2018 08:34

Playground stuff going a bit rampant here spoils a good thread and I think PMO will run again in due course.

[nav_mike] 18/10/2018 08:19

Declared shorts are gradually increasing....Marshall Wace are the ones who seem most keen to do so.

New name on list - AHL Partners LLP. Probably lurking below 0.5% previously

[deanroberthunt] 18/10/2018 06:16

I'm still available...

[steve73] 18/10/2018 02:30

Looks like marge has been recycled as butter...!

[chopyead] 17/10/2018 18:36

RBarker; so if I said you had a big nose; your gonna sue me?

[chopyead] 17/10/2018 18:26

Many thanks onedb1, nice lesson

[onedb1] 17/10/2018 17:29

Temporarily they are doing just that . Remember stocks are also used as proxies for strategies and usually are traded in a basket . Look I hope nobody takes this the wrong way but just google "crude oil seasonality ' follow the inventory patterns . Cycles may look backwards but they do have a tremendous repeatability . Pmo mean reverted a bit to hit 146ish . But if you drew a simple trend line from 2011 connecting the tops on a weekly or better monthly chart what do you see ? Magic ? TA measures sentiment it's not backwards thinking . Seasonality , Market cycle , sector rotation , factor rotation even credit rotation, these are all important .

[alfiex] 17/10/2018 17:28

Tullow is the same chopy, like you say just like us privates but we cant play

[rbonnier] 17/10/2018 17:14

Moron adg ?? just 3p away now from my 118 call hope youre enjoing the ride i am at you losing your money .Dont try and fight me im your worst nightmare .and before anyone says anything im not the one here thats started the personal bb attack.Id keep the bb bullying to yourself if i was you adg didnt you know you can be sued for bb bullying .You are blue and and your details can be passed to my lawyers should action be taken against you .You know who i am so you will know i have the money to sue you .Youve been warned any further personal public bb attacks i will be instructing my lawyers to start proceedings against you .Keep the personal offensive stuff off here .Thankyou .

[bgwesley] 17/10/2018 16:39

Charts are backward looking - humans are hard-wired to see patterns in everything. Sometimes they work... sometimes they don't.

[nav_mike] 17/10/2018 16:21

onedb1

Thanks for the insight - genuinely interesting.

Given that PMO is throwing off cash over say $70 Brent, are you saying these correlations and cycles are powerful enough to trump the underlying fundamentals?

[onedb1] 17/10/2018 16:14

Just one thing look at my call at 127 /128 and reasoning . That should tell you something . Am actually a full time trader with institutional background . I appreciate bbs are open to all but rarely there are a few real traders . The idea that correlations don't matter i won't comment but I will kindly suggest never to say that out in an Hedge Fund interview lol . My entire model is based on correlations , rotations , cycles etc

[adg] 17/10/2018 16:09

utter moron
take a look at yerself son

[onedb1] 17/10/2018 16:08

No worries Fitton . I won't bang on about my views . You trade your way ;-) me mine

[duckdown] 17/10/2018 15:55

US inventories up another 6 million bbls. Where is the tightening supply?

[fitton] 17/10/2018 15:28

oneb1
Sorry but not everyone is trading based on correlations and charts.I thank you for your informed input and will take a view.I guess if it was as simple as following trends etc we might all be millionaires.As I am very interested in your opinion, where is the share price going from here?

[onedb1] 17/10/2018 15:11

Look at PMO's beta . It always over reacts it's the stocks implied volatility . Or see it the way you want . It's pretty clear you just didn't read nor did look at correlations I kindly suggested . Have a nice day. I gave away some good points to no avail . Silly me .

[fitton] 17/10/2018 15:05

I'm definately not fooled.£44m wiped of the value 3.6m shares traded, down 4.4%.4.4% of the share capital is 35m shares.Which ever way you look at it the figures don't stack up.Some including me would say manipulation others not.The only losers are the private investors.