Member Info for sittingduck11

More buyers coming in by the looks of it?

BOA taking a chunky slice, though I remember previously someone on here saying they are always in and out. Blackrock trimmed a bit.

https://simplywall.st/stocks/gb/energy/lse-hbr/harbour-energy-shares/ownership

Saying people come on here to ramp it up and then in the same breath proceed to ramp it up.. lol excellent.

Ultimately though if someone had sinister intentions to ramp up a share price, a small chat forum with at best 20 active users wouldn't be the place to do it. It's much more likely that most people on here believe in the company. And getting angry at the share price not going up is like getting angry at a plant for not growing faster. Since its inception Harbour has barely put a foot wrong, it's profitable, its well managed and it's growing. So buy some shares and enjoy the ride. Or don't..

Its important to remember that these companies are all down more than Harbour (from their highs) in 2024.

BP

Aker BP

OXY

Apache

I've added more shares recently after saying I wouldn't, but I couldn't resist. I'll be vying for a seat on the board at this rate.

Use yer heads and watch the OP - I guess some of you weren't around in 73 ...

Before you ever had a multi platinum selling CD?

Apologies - that just felt right. In all seriousness bonkers I hope you are right.

Bloomberg reporting - Iran preparing missile attack on Israel according to White House

Https://finance.yahoo.com/news/talos-energy-offload-49-9-053624423.html

Https://www.prnewswire.com/news-releases/talos-energy-adopts-limited-duration-stockholder-rights-plan-302264029.html

Increased stake last week to 24.1% - Added around another 600K share over the last week or so.

When I checked last week he had 68m shares, a 6m share increase from his original buying spree. Checked today and its jumped to 72m shares, obviously took a few days to update in that case.

All positive.

Https://simplywall.st/stocks/gb/energy/lse-hbr/harbour-energy-shares/information

Scrub that. I've got it.

Very good news. He sees what we see?

Source?

Zoom out. Look at their highs of 2024 to now. Both are down more, Tullow down much more.

I think we can relax.

If Harbour trades at 240p i'm not selling and if it trades at 340p i'm not selling.

Sooner or later oil will be back at $100, might be in a week, a year, 5 years, but it'll happen.

If Mr Market is kind enough to offer us shares for sub 240p in the meantime, I'll take him up on it. If not, I'll put my feet up and collect my dividends.

No one rings a bell when we hit the bottom.

To be fair - Looking at the share prices of BP, OXY, Chevron, Apache, to name a few, HBR has for once fallen in line with these names. I.e from their highs of 2024. HBR has done nothing out of the ordinary, and until it does there is no cause for alarm.

Who's going to tell him..

Unless Strike has data showing a reduction in that number of shares, which he may.. Otherwise, nothing has changed.

EIG still have the same number of shares they did in March this year - 134,281,887

https://simplywall.st/stocks/gb/energy/lse-hbr/harbour-energy-shares/ownership

It's at times like these where it pays to keep your head. This might get worse, I would suggest not even looking at your share account until September ends. Unless you are buying of course.

Markets are getting spanked.

Haha! Hang on tight gents!