Harbour Energy Share Discussion Threads

[marvinridesagain] 20/11/2018 21:25

Feel like a virgin with this activity. Think I need to sell up and take my mega loss..
It all sounds to corrupt share price manipulation without comment from the FSA? CEO for me.


Do you have a link or book suggestion to read up on such activity?

[rbonnier] 20/11/2018 21:19

The numbers add up when the share price is shorted down to an absurd price say 50p for pmo the shorters reverse their positions and go long the share price recovers to say 100p and theyve doubled their money again .

[marvinridesagain] 20/11/2018 21:18

Bon; they did the same when the share price went to £1.20 then crashed and burned.

Lesson learned for the 2nd time.

[asa8] 20/11/2018 21:16

One other thing Daniel Sturridge is being charged by the FA for passing on confidential information about a transfer and could get a life time ban what’s the difference between that and Pmo it’s obvious that someone has been singing like a canary here

[rbonnier] 20/11/2018 21:15

Hi Nav Mike

They probably paid £1.30 for them this would explain the very rapid collapse in the share price as they aggressively short the price the quicker it drops the more money they make .
They will have known the poo was going to collapse did a deal on the warrants and then pmo plunges 50% in 4 weeks .

[marvinridesagain] 20/11/2018 21:07

So if that's correct Nav, that confirmes share price manipulation 'fixing' and corrupt goings on with PMO are proven?

Bon; that goes to prove my thoughts that research into a stock is worthless; you might as well follow the trend in the increase or decrease in shorts as they now manipulate the share price when ever they want no matter what the assets the companies hold.

If this is the case then its very scary how sewer rats can control the top 250.

Bp is safe because that's considered a blue chip company and a 'no' 'no' go area for corrupt share price corrupt manipulation.

[marvinridesagain] 20/11/2018 20:59

Nice discussion going thanks

[nav_mike] 20/11/2018 20:57

It also begs the question, why didnt the warrant holders just exercise them when whe were in the 130s and pocket the difference?

Presumably they wont have made as much by doing deals with shorters

Something isnt right in this scenario

[nav_mike] 20/11/2018 20:51

So the shorters did a deal with the warrant holders who were actually those that took part in the refinancing?

I only ask because Marshall Wace and AHL partners wouldnt have got the warrants directly

[rbonnier] 20/11/2018 20:47

Yes marvin very legal warrants are usually used as an instrument to short as the warrant holders cant lose .sell a million at a quid buy them back for 430k and youve made 570k for nothing .The only losers are the private investors who bare the brunt .anyone selling their holding now at a loss or leveraged positions closed out at a loss contribute to the shorters 570k profit .

[marvinridesagain] 20/11/2018 20:39

Fart truly has to go, he is a raving nutcase and not stable to run the world. He needs sectioning into a looney bin.

[marvinridesagain] 20/11/2018 20:38

Bonier: That legal?

[leoneobull] 20/11/2018 20:35

Marv. Dow is down 600 pts. Imagine my Glen, enq and but will be down in the morning

[rbonnier] 20/11/2018 20:34

They were never naked shorts all the shorts are covered by the warrants .The shorters have the warrants and are excersing them on the way down.As soon as they run out of warrants the shorting will stop .
Its like matched betting on a huge scale using bookmakers free bets to hedge and make a profit whether the selection wins or loses.

[emilio] 20/11/2018 20:34

STARVING ya Full time idiot go to bed

[fireplace22] 20/11/2018 20:34

Good oil price appraisal by Malcy:



PMO gets a mention.

[marvinridesagain] 20/11/2018 20:16

Jan 2018:


Why Is The Shale Industry Still Not Profitable?
By Nick Cunningham - Jan 29, 2018, 5:00 PM CST
Join Our Community

Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”

Riyadh-based Al Rajhi Capital dug into the financials of a long list of U.S. shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” The average return on asset for U.S. shale companies “is still a measly 0.8 percent,” the financial services company wrote in its report.

Moreover, the widely-publicized efficiency gains could be overstated, at least according to Al Rajhi Capital. The firm said that in the third quarter of 2017, the “average operating cost per barrel has broadly remained the same without any efficiency gains.” Not only that, but the cost of producing a barrel of oil, after factoring in the cost of spending and higher debt levels, has actually been rising quite a bit.

Shale companies often tout their rock-bottom breakeven prices, and they often use a narrowly defined metric that only includes the cost of drilling and production, leaving out all other costs. But because there are a lot of other expenses, only focusing on operating costs can be a bit misleading.

The Al Rajhi Capital report concludes that operating costs have indeed edged down over the past several years. However, a broader measure of the “cash required per barrel,” which includes other costs such as depreciation, interest expense, tax expense, and spending on drilling and exploration, reveals a more damning picture. Al Rajhi finds that this “cash required per barrel” metric has been rising for several consecutive quarters, hitting an average $64 per barrel in the third quarter of 2017. That was a period of time in which WTI traded much lower, which essentially means that the average shale player was not profitable.

[fireplace22] 20/11/2018 20:14

Someone's going to make hay with this latest fallout, unless the fall in poo is reckoned to be a portent of its long term decline (improbable). Catcher alone is probably worth more than the debt?

[marvinridesagain] 20/11/2018 20:08

Miss my point, people on here feel the pain and don't want people stating the obvious or you getting a bet going on how low can it go