Harbour Energy Share Discussion Threads

[marvinridesagain] 20/11/2018 20:06

Thats my point; PMO are in the sewer rat shorter's pockets.

As usual thanks asa8 for your efforts.

[leoneobull] 20/11/2018 20:06

Marv. With the Dow down 500 and poo down 7% anybody long on oil, myself included is going to suffer. What I say when the markets are closed won't make a blind bit of difference on a ftse 250

[asa8] 20/11/2018 20:02

That’s what Rebecca said Leon honestly spoke to her for about ten minutes they know a about the shorting scum but don’t want to act I think the games up for private investors here

[marvinridesagain] 20/11/2018 20:02

Thankyou, peeps are suffering on here and don't really want a bet on how low she can go and inflict more pain; but can see your point and well done for selling out above £1.20.

For once I broke my golden rule and held rather than acted upon my stop loss; lesson learned, got sucked into the hype and for once assumed Jabba had learned by his mistakes and improved lol.

[leoneobull] 20/11/2018 20:00

Just being realistic with the Dow down 500. Ok, marv, perhaps 102p then?

[leoneobull] 20/11/2018 19:48

Ok so sweepstakes on tomorrow's open. 71.5 to 72p I would guess

[nav_mike] 20/11/2018 19:47

RBonnier

To be honest ive been thinking about it for a while, seeing as most of the figures you have quoted have been fairly closely linked to the 42p warrant price.

63p is 1.5x warrant price, and the 85p from which PMO was supposedly to bounce hard (hahaha!) is about 2x

You may have heard things concerning this, or you maybe just riding the coat tails of a position thats gone stupendously in your favour.

Either way, if PMO does sink to the levels you are guessing at, it will be damning indictment of the shorting scum that have infested PMO for the last few years.

Ironic that if true, another component of the debt refinancing will have been used against the company. Bravo Mr.Durrant!

[fireplace22] 20/11/2018 19:47

They (Saudis) tried smashing the price a few years ago and wiped out half of their cash reserves. A lesson hard learned. Fracking now stronger than ever. They need to cut and hope the frackers are approaching their peak.

[hoper2] 20/11/2018 19:45

Marvin - that's exactly what they did a few years ago. It didn't work then and unless they flooded the market for about 5-years - destroying their own economies in the process - it won't work now. Better to limit production and get a better return.

[leoneobull] 20/11/2018 19:43

Asa. They share the pain? Hardly.

[marvinridesagain] 20/11/2018 19:32

Oil picking up again, touch wood.


Will say it again. The Arabs should flood the market with oil and crash the oil price to $30 and then we can all watch as every last one of the Fracking mines go bust due to debt. Hardly any are breaking even as we speak so its only a matter of time before they start to go bust anyway.

[rbonnier] 20/11/2018 19:23

At last congratulations to Nav Mike he has got it .Now you know why it will be smashed a lot further down .I will be looking at a very big purchase at around 52p !

[nav_mike] 20/11/2018 19:19

I wonder what part (if any) the outstanding warrants have had to play in this collapse?

I realise that there are only c55m left, but in terms of actual shares, published shorts have increased by far less than that, and weve all seen the damage theyve done.

I dont profess to understand the mechanics of it all, but surely knowing that you can lay your grubby hands on stock at 42p, could assist in the shorting of shares down from £1+ ?

[lodgeview] 20/11/2018 19:13

Why not just set a price per barrel at 1p ffs!!?

[rbonnier] 20/11/2018 19:03

Total collapse is now looking a racing certainty .

[deanroberthunt] 20/11/2018 18:58

Talk of back to $40....at this rate of decline 6th Dec is alifetime away

[asa8] 20/11/2018 18:55

Might as well take this to 5p I have spoke to investor relations this afternoon a about the carnage here they say there share are pain I’ve told them you can’t keep burying your heads in the sands you need to come out and be pro active bloody useless I’ve nearly sold out 3 times in the last week won’t make the same mistake tomorrow

[rbonnier] 20/11/2018 18:53

63p by Friday then the Algos will crash this to 45 .Brown Trouser Time for anyone on leverage !!

[leoneobull] 20/11/2018 18:51

Mike. I don't like trump but on manipulation of poo he has played a blinder. Whether he had a large short is another question

[leoneobull] 20/11/2018 18:50

https://www.bloomberg.com/opinion/articles/2018-11-20/america-s-cia-won-t-let-donald-trump-shield-mbs-over-khashoggi

[nav_mike] 20/11/2018 18:43

The conspiracy theorist in me thinks this is all one big hedge fund stitch up to crash the oil price under the watchful eye of DT

I still dont figure how this can be good for the US shale industry, given the fields they discover tend to be shorter life, and thus they constantly need new cash to generate new finds

[deanroberthunt] 20/11/2018 18:32

You'll be lucky it'll open well below that