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Don't be silly. I'm deep under water as a LTH. I don't short any of my investments, and don't actually know how to. iWeb don't offer it AFAIK. I should possibly have shorted most of my AIM "investments" although eventually I think the majority will come good. Apart from UKOG. They are screwed.
So, as a LTH I suppose I should be "rar rar rampy rampy". But you see, I'm not a day trader. I'm not here for the 5% daily profit. I'll learn more through realism-based discussion with the small number of people on this board who actually know how to appraise a company. My realistic view on the current risks doesn't make me a deramper, or shorter. It puts me in the same camp as any other sensible long term investor. I'll look at the balanced view.
Topcat81, ONLY if the company survives. HUR must clear that hurdle. Once done, the finance risks that are driving the SP (and by driving I don't mean just up - perhaps depressing is a better word) will largely disappear and oil price becomes fundamental because we will hopefully have a clear plan for production.
Sign, PlantedBHA. No. This isn't that hard to grasp. What that quote says, and I totally agree, is that oil will be the primary driver of the SP once the fundamentals needed to secure HUR's future are sorted. The primary driver right now of the SP is the potential upside from successfully refinancing and a better CPR. Oil price does help because it improves the potentail upside, but it's secondary not primary. The thing driving the SP is currently the question of company survival. Get that out of the way and then it's oil price all the way baby! But not yet, not yet.
You must struggle with percentages..
@botbot, It's a water company. This seems to be the main thing it produces. Hence the SP.
Damn. I thought Hurricane was a Diamond company, and drilling for the Diamonds......
I mean, why else would oil prices increase 40% and the HURR stock drop.
On the move and 10p easily achievable.
Takeover with Brent at these levels has got to be on the cards
Premier oil gain %50 in 2 weeks but hur holders not very patience
So the oil price is a primary driver then
You just said it ...
Lol
Thanks for that supporting quote, TopCat81. Nice to have some backup. As the quote says, the CPR and funding plan are the current PRIMARY drivers of the share price. Once the future of HUR is assured, then oil price is likely to become one of or the PRIMARY driver.
Apologies Eurofil. While I was whipping you for your shoddy work I forgot to tell you what my expectations were. That is most unfair of me. Let me put it this way.
BOOM. TO THE MOON. GME x 1000%. ROCKETSHIPS.
And a bag of chips.
Don't stand there gawping boy. Get on it!
No! At least if you're are going to take the time to reply (which I appreciate) do yourself a favour and actually read what I said.
I said, in capitals so you couldn't miss it (well that didn't happen did it!), that it wasn't the PRIMARY driver. That's very different to saying there is no bearing - your words, not mine.
@eurofil, shut it. As a LTH I'm very unhappy with your ramping efforts. Get back to work and ramp better.
Ricardo dry your eyes mate boo hoo
Ricardo
Be serious man... the oil price has no bearing on the share price of an oil company ??
Really... now that’s just daft ...
STOP! YES, STOP!
STOP trying to correlate the oil price with the share price. I (and others more knowledgable than I) have already told you ten times that the oil price is not the PRIMARY driver of the SP. Rising oil price nice thing to have blah blah CBs dilution risk blah blah well drill cost blah blah refinancing blah blah. Seek and ye shall find.
And HUR is stuck at 3.5p.
I have no hopes getting my money back now.