Member Info for CaptainSwag

was looking at a video this week on market makers and the three stages
accumulation - manipulation - profit taking

i have no idea how accurate it is - but the graphs would support the theory given as being in manipulation stage which comes before the jump up or down....

ragged - sorry to hear that mate. I remember the pain of the drop from 30/40p after lancaster find to 10p....I held on til about 16p and then sold at a loss. i didn't think lightening was supposed to strike twce!

bhoys- I would agree that trice was not the best ceo - schoolboy errors such as not commissioning the pumps and then getting caught out. However i don't know if the criticism of his geology is fair. The data eventually disagreed with the original prediction and CPR. the CPR people in all probability should have done more due diligence for their money...but lets face it they get covered by their disclaimer and prob get more work by agreeing with company involved.

maybe trice can be blamed for seeing what he wanted to see and maybe nurturing an environment where he wasnt challenged - but that is very different from being dishonest.

i would have said more "no one is innocent" from sex pistols..lol

sorry for ukog holders - however it is a POS - old porky billions of dem barrels of oil lenigas and his mates . Wouldnt touch with a barge pole

sentinel - i shall be watching hur like a hawk - buying in big for a trade if the price is right.

well hopefully hur will recocver and they will get their money back and more - spare a thought for those of us who lost 90%!

unfortunately there will be those who sold out at a much lower price and will maybe never recover .....i have recovered some by trading (fingers crossed)

as a well known commentator always says the market is there to take your money - most people lose.

GLA

quincy - in my opnion there is very little chance of a takeover until the new CPR. However we are potentially going to recieve 2 significant pieces of news - forward plan for lancaster and Spirit plan for GWA. the forward plan will probably include an operating update (production and water cut) and could drive the sp either way. it also has to be considered that the recent price action might already have absorbed some if the news is mediocre - how many times does sp drop on rns release? however outstanding news it will fly and vice versa.

GWA has pretty much alread been priced in as a nogo so you would think there would only be upside in the event of them going to proceed.

my perfect scenario would be rns of spirit plan followed shortly afterwards by rns of lancaster - the soon the better as i think there are a couple of drivers in december that probably will hit the price. however i have always suspected forward plan will be released just before xmas. in which case i could see the share price being hit hard again at beginning of december followed by reaction to forward plan rns. spirit may not even come this year.

personally the last week has been great for trading - i haven't timed it perfectly but made some good gains. Quite happy for a rinse and repeat.

hopefully whatever temporary movement over the next month the forward plan will ensure the future of the company and the rerate of the SP in 2021

peak - sentiment can shift hur quickly - though it usually quicker down than up.

the share is volatile at the moment - there will be lead up to forward plan then the rns itself and probably an inevitable drop on any spike. there are a couple of issues coming up in december that could also hit SP - so the timing of the rns will be important.

good money to be made for nimble trading - jury still out on whether it is a long term investment. been great to see the rise and possibly light at the end of the tunnel for lth

gla

well i was wrong thinking an rns had been logged to give the sp increase. Oil price and build up must have been responsible and it just got going.
be interesting to see if it can hold the gains - still think it could take 4 weeks to get forward plan...

but it is great to see hur with a healthier sp

fandg - Today at one point HUR was up almost 50%. I am trying to remember if/when that last happened?..I can only think possibly of the announcement of the find at lancaster? i have seen it lose 50% in a day a couple of times. cant see the energy voice article driving that. the article though interesting didnt give anything that interesting other than it may be a slow burner and one day fulfill trice's expectations

i think rns tomorrow....the questions are good or bad? price up , down or supported

20% rise I would have guessed as build up to RNS....almost 40% and at one time almost 50% rise - my guess is rns. In the past the no reason for the rise came on the day and pretty quickly. it is a new board but even so I think we would have got something

best case scenario is good news from spirit - then we still have an rns with forward plans to come. would be great if good plans going forward and rerate on the way....

great day - sold my trading pot too early - but there was no way i saw this coming.

i am not sure comparing HUR to other oilers is useful. HUR does not always track oil price possibly due to the complexity of the situation. it is probably red or black for the company's future depending on the forward plan. good plan and future for the company could see rerate as could another bad rns.

usual AIM build up to news or leak?....I still think its too early - my money has always been on just before xmas.

what the recent rise has done has made me really excited about the prospect of a long term recovery for HUR - and recoup of LTH losses. if any company dersrved good news it is HUR.

fandg...for what it is worth i agree...just keep plugging way producing oil.......not bad eh?
every day that goes by also makes a little more possible that spirit havent written gwa off.....

the plans will come soon enough......4.5 weeks countdown is on

where are you checking?...looking at the fca short position site - i dont see any difference in the last 3 weeks

?
looks the same to me

i suspect the price is being supported by the expected impending news.

4.5 weeks max and we will know more about the future of Hur.

i would never try to predict oil price. however i agree that if/when covid is over there will be a serious demand for air travel. I am desperate for a holiday. I normally travel a lot and have really suffered this year. greta can swivel as far as i am concerned!

within 5 weeks - as they said update before xmas!

if we are using the HY results then the company value themselves at $380m - though in reality the share price depends on what the market values it at.

Everything will depend on progress plans to be updated by xmas. The SP did hit 3.5p this week as I suggested. I think it will bounce around here for a bit and I suspect will go higher in the lead up.

GLA