Member Info for y11-shx

I’m not sure it can drop as low as $45 the lower oil price are already helping slow the glut. The market should be balanced in the next 12 -24 months

Another few percent and oil will be back to April lows of $55 back then harbours went from 215 to 155 in 10 days. I hope this doesn’t repeat itself!

Oh no I’m out this morning. Set about for 195 is that too low ???????

I still have 238 on the 8th April may drop a little lower short term and then hopefully a few more day trades before the slow rise. I alway find trading on the way up is the hardest.

It’s basically a lag effect from when prices were high, back then more production was planned and brought online. Now, with that oil hitting the market and demand not rising as fast, we’ve got an oversupply. It’s just the cycle repeating itself. It’s eassy to learn up and down up and down.

Picked HBR back up at 202 today. I’ve been in and out of it a bit recently, but this price feels like a solid base. I’m planning to sit on it for the next 6 - 12 months may have a cheeky day trade around ex div date . I’m expecting it could reach around £2.70–£3.00 I. The next 6 - 12 months!!

Oh yeah yeah back in at 202.29

And back in this morning

I’m out again this is the best trading stock ever.

I’m back in just under 205 I did predict we would be around 240 for the next ex div date but that’s 5 months away. I think I can trade this a few more times!

I’m m watching to buy in lower but can’t help a little day trade in the meantime

Just sold out on that small spike, great so will probably drop later.

Thanks me or you! But I think most of the investors what to know what’s going on today and tomorrow. But we can put that in the diary lol

Oh nice I just bought back half of my shares on this drop

I think I few in the know are expecting a drop in oil prices as low as $30 it will take the small companies out.

Harbour Energy has spent around $610 million on share buybacks so far. $361 m in 2022 and $249 m in 2023. They’ve also approved a further $100 m buyback programme for 2025, but not all of that has been spent yet. My figures may be a bit of guess work but am I actually that far out??

So roughly they have spent £700 million on buying shares back. The share price at the start was 235 and now the share price is 214 market cap 3 billion and they have spent the best part of £1 billion buying shares back seems a little bit crazy. I’ve just put a buy price for 190.

$35 oil? Time to call good old Trump, he’s got this handled… fill the Strategic Petroleum Reserve and save the day! This will only cost the taxpayer $10 billion, easy—triple their money on the next crisis!

I’ve said it once I’ve said it twice, Friday buy day except not today! I see the ftse back down to 8000-7500 before its buy day.

I’m out of that one with a small profit. Had a few trades since then. I’m actually very cautious at the moment. Too many signals saying market pull back.