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Sorry I just saw Borismoose ha
HUR is rediculosly undervalued atm
Brent Crude- July Contract !
$39.12 +2.09%
I do think with the MMs bring the spread in 6.7-6.75 as we speak you will see the true buying, as number of the buys this morning are recorded as sells on the system. Next leg higher on the cards.
Thanks, appreciated
"Just remember around 70% of retail investors lose money" and also, 8 out of 10 cats prefer Whiskers ....
We have no idea where there were selling from, as the notification was made yesterday and this covered teh period until Friday. They could have started reducing when the SP was 13/14p. On the same note they could well be the ones block buying at 1m at 6.9p - 5 of them yesterday. Just remember around 70% of retail investors lose money.
Thanks, I’ve tried to get info. from Pelham Capital site but can see nothing? Wanting to get more insight into their logic.
Greenloch, I think you just need to go on their website and read through what is being said.
There are always 2 camps on any share board - some negative and some positive. I am very positive from these levels, however there will be countless other that have bought in a lot higher that just feel like throwing in the towel in.
Good morning, I’ve held Hurricane for some time and therefore very much welcome any positive news and increase in price- I’m learning as I go here so would appreciate advice from those more experienced investors- why when normal convention would say large dumps of a stock would result in a drop of SP commentary has been on a rise post yesterday’s major sell? Thanks in advance.
Maverick, there will be no general update at tomorrow’s AGM, and no Q&A.
The notice indicated no business update, and that questions should be submitted by email, for response by email.
I guess it’s possible there could be an operational update via RNS, but nothing presented by the board at the AGM. It’s nothing more than a formal process that must be done, to vote on resolutions and keep the board at the feeding trough for another year.
A performance update will surely be due soon, but don’t expect the AGM to be that day. Only 2 shareholders are permitted to attend to fulfil the required regulations.
Sorry make the 5 1m buys - there was one after hours too
I see this as forming a higher low and will see a break higher today. Some are concerned about the selling by selling by Pelham, however that simply confirms why the price was in a range last week. We do not know who has been buying, as volumes have been considerably higher for days, so that's a positive. I also think people do not realise that they will be working on increasing production and will have probably tweaked this already to find optimum levels of extraction - that news should come out in the general update/ Q&A tomorrow.
I think we are in a good position to push on today, having consolidated yesterday - those four 1m trades at 6.9p are quite telling, as the MMs must have taken their time filling them.
I think today should be the day you average down here. I like you am in Tlw and have built up a fairly large stake their and think HUR could see a significant percentage gain here. When I was telling people to buy there at 9/10p they laughed - wasn't laughing when I top sliced at 29p and started buying again recently.
Genuinely believe with Brent flirting with $39, OPEC+ meeting, along with our AGM and EIA data out we could see a significant % rise here. Even the charts are signally a solid move upwards now.
My av. in SIPP is 45p so honey i blew my pension as i wasn't diversified... I'm not averaging down (yet), but i might. This may yet rise like a phoenix. It may not. For now, my non-SIPP is mainly TLW...and i prefer to av. down there...simple reason, in a major downturn, big players tend to recover quicker...GLA.