Harbour Energy Share Discussion Threads

[the house of brexit] 02/12/2016 08:33

Could not should.

[ny boy] 02/12/2016 08:14

Should retest 62p support

[the house of brexit] 02/12/2016 08:12

I'll look at profit taking at 78p thanks. But in coming weeks, I would expect to see a pound.

[ny boy] 02/12/2016 07:33

Equity markets could see profit taking today as we lead into the crucial Italian Referendum, which could send markets into a tail spin,if a No vote.

[leoneobull] 01/12/2016 21:19

for what its worth the last time poo was at $55 a barrel PMO was around 1.40 (ish)....i have a sneaking feeling PMO will burst through the £1 barrier in a few weeks/month

[ny boy] 01/12/2016 19:28

Good technical close, held well above 62p area, which is the now the new support, 77p is the next resistance area.

[leoneobull] 01/12/2016 17:35

Refinancing could be announced early I wonder?

[moneybags] 01/12/2016 17:20

Hell, Oil, It's the new dot.com this week.

Zoom Zoom, Up the charts

[begorrah88] 01/12/2016 16:23

Yep

I like to picture them having a whip round and emptying their pockets to see if they've got any more money they can throw at it.

[pounddreamer] 01/12/2016 16:11

Begorrah - would that be the King Canute shorting house?

[the house of brexit] 01/12/2016 16:08

ENQ is up nearly 18% today!

Trust me to be on the one that stops at all the villages.

[the house of brexit] 01/12/2016 15:55

Once every one's sat down we'll be able to pull away again.

[bakedbean57] 01/12/2016 15:54

I would agree that the US is the challenge now come on PMO get the package sorted I fancy a warm Xmas.

[begorrah88] 01/12/2016 15:43

I'd be inclined to think that it is one of the US shorting houses that has decided to double down hard on their short. Taken 4p off the share price since 2pm

[bakedbean57] 01/12/2016 15:36

Buys need to push for final hour don't want this tonne let off the hook

[the house of brexit] 01/12/2016 15:15

All aboard for poundland!

[plunger2] 01/12/2016 15:10

It may be worth recalling history when it comes to OPEC cutting.

In late Dec 2008 they agreed to cut 2.2 mil bbls per day.
The price had been collapsing very precipitously to close to $45 pb. But by Jun 2009 (6 mts later) the price was $78 pb.



While it's a smaller cut this time the markets underestimated what even sentiment changing would do for the price.
IMO the shorting of oil stocks (especially highly geared ones) is much greater this time.
The outcome/reversal could be interesting to say the least!

JMHO

[the house of brexit] 01/12/2016 14:49

Train at platform, passengers alighting. Your next station stop - 78p.

[begorrah88] 01/12/2016 14:34

Concerted effort to pull it back down. Maybe a breather before another push on?

[lodgeview] 01/12/2016 14:28

Remember ditch your losers and run your winners. Easier said than done I know.

[bakedbean57] 01/12/2016 14:23

And no reason why not it shouldn't having been bloody dropped in the first place !!

[bakedbean57] 01/12/2016 14:22

I do hope so!

[the house of brexit] 01/12/2016 14:20

Or 78p by tomorrow afternoon??