Member Info for shatter

Will surely drop before anymore news

This may drop somewhat before any news. Bad news , hold onto your hats.

I see he was a holder of Hardy back in Oct 09 and lost £1188.00

Out of this one on the 22 Oct 09. Needed funds elsewhere. Recently started to think that i had made a mistake but it seems luck was on my side this time. Hopefully settle in the next couple of weeks.. G.l

This has dropped over 60% in the last two months, not 20% and may drop a lot further.

Bit of a rough ride with this one at the moment. News is some way off also.

Not gloating , nor deramping, but still feel that this will slowly slide to the £1.50 mark in the not to distant future. Unfortunately Hardy have very few projects on the go and there is going to be little or no news for a while. Reminds me very much of Encore Oil, cash rich but with few projects which the market gives any value to.

The bottom has been called by quite a few , but as you say hopefully it is there or thereabouts now. The markets are certainly readjusting at the moment and i wish all those still in, good luck. This has a lot of ground to make up..

British Bulls ! Recently they had CFM as a buy...I wouldn't put to much store in them.. This is not going to rise until the near completion of the next hole. If it is a duster god help the shareholders.

With the present market conditions i would not be surprised to see this at the £1.50 level in the not to distant future. Only my opinion. The whole market is taking quite a battering at the moment..g.l.

This is a purely speculative share which previously rose on the promise of the last well. If the next well isn't viable where does that leave the sp ? The share price reflects the fact that Hardy have few other possible ventures and 'eggs in one basket' , has been mentioned. Certainly at this price or lower it is worth a small punt. g.l.

A lot of people have lost a lot of money over the last few days in this and virtually every other share. Very uncertain times at the moment. One sunny day doesn't make a summer.. There is an upside for those that still have cash and can average down their share portfolio but it must be looking grim for those with no spare cash, having some very large percentages to make up. g.l all

Holding up remarkably well considering..

I looked at this on Friday but no i didn't buy . I mentioned 270p may be looming after talking to my broker and Walter has been giving me a hard time because i didn't agree with him. Hardy doesn't have a great deal of other projects on the go to warrant its high share price and from its current sp that is how the market sees it . Encore oil is something similar. It is a 50 million pound company with a recent 40 million cash windfall to its name but it is stagnant because like Hardy the market deems it to have very few exciting projects on its books. If the next hole is successful, happy days , but it is a long way off and not guaranteed. The management stating that they are confident of success with the next hole begs to question, why did they drill this hole if they did not think it was going to be successful ? Its partner is a major diversified player compared to Hardy hence it hardly took any hit to its share price. g.l

I quote you,"it wasn`t forseeable that the Dow Jones turns by 3.30pm GMT time and nosedives. Giving the start signal of the long awaited market retreat. Now I hope you (as myself:) have taken profit last week with 90% of you current winners. " If it wasn't forseeable how did you know to sell? Do you even have any shares Walter MITTY.Mitty is a meek, mild man with a vivid fantasy life: a wartime pilot, an emergency-room surgeon, and a devil-may-care share dealer. The character's name has come into more general use to refer to an ineffectual dreamer. Speak in the morning. Good night and sweet dreams, whatever they may be..

Yeah, when a share is dropping keep buying on the way down, eh ! Why not wait until it stops dropping and then buy ? Your opinions change with the wind. When the sp rises it was i told you so but when it drops its a case of spouting more rubbish.You have now stated that you will hold HDY through thick and thin ? What sort of an idiot spouts that ? That is really flexible , not . You spout that the main indices started a downward trend from Friday ,then why have you been telling everyone to buy? Oh you are funny..I bet your hindsight is the best in the business..Don't get insulted, but is your job devoted to spreading ignorance? You are another one who always sells at the right time , always sells for a profit and never buys a falling share. Well two out of three ain't bad. Good luck and i hope you didn't sucker to many into buying with your ramping..Now, Grasp your ears firmly and remove your head from your ass.

STAY ON THE SIDELINES? This morning you were advocating buying 500 shares at a time on the drop. i have never heard such rubbish spouted on a forum before.

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("Shatter" ...is your true name shorter? Good, do what you want, but plse don`t scare away PI`s.) ! Yes, this is certainly going to find the bottom at some stage and will again rise but how many are going to get their fingers burnt in the interim, eh ? This has been ramped as a buy since 350p . However, anybody who listens to anyone on this forum without doing their own research is crazy? I can appreciate that you want to encourage as many pi's as possible to perhaps to help cut your losses but is that fair to others. If the drop was overdone as many suggest the sp should have risen long before now ! This was a large proportion of their portfolio which has gone wrong! The only way this is going to rise appreciably is if the next hole is successful. Hardy is now finding its true value for the time being. Any comments on this site will not affect the share price. We would need to be very big headed to think otherwise.There are thousands of shares out there offering a lot less risk and a potentially better return so why gamble on this one. g.l

Hardy is hardly diversified. Very few strings to its bow. This was unfortunately a large part of their prospective portfolio and i cant see this share doing anything other than either dropping further or stagnating. They may have only owned 10% of this but it was going to be 10% of a very big pie. Its partner Reliance by comparison is huge and this is only a blip to them . G.L ALL