Petro Rio S.A. HRTPF

Well, there you go Northsun

[robnhood]

you got your 18 cent fills, now here comes the 16 cent stock.
Hmmm, let me see the book--- There is a total of 135,00 shares wanted down to one half cent. ,005...

[robnhood]

Let me see--- 135,000 X say .14=  $18900 Two years ago that amount of cash would have got you less than 2000 shares of this rubbish. Nice going Mello.

[buggati]

Hood, Amazing..this p.o.s. has lost almost 50% since the high of $.30 when JG and Discovery started buying, The prospects are now better than they have been in a while even drawing in Goldman, Maybe this is smart money who went short at $.30 and are now driving the sp down..it is not rational to sell now with a drill bit turning offshore nam, rostneft buying 6%, and hrt reported to have 400 mil

[NorthSun]

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[OilGold1]

NorthSun, I just have to ask, why wouldn't you wait for .14?

[robnhood]

Good point. I told him after his .22 purchase that soon it would be at .16.  I guess the feely antennae are not perfect. )))

[OilGold1]

This sat at .14 for sometime and then doubled, it's where I'd think of nibbling. 

[NorthSun]

This post has been removed in accordance with Community Policy

[robnhood]

Maybe that's how your "feely" works-- you seem to have a very selective memory or a very poor memory.

[NorthSun]

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[OilGold1]

Take it easy there Hoss, no point playing to somebody's pushing your bottoms.  

[robnhood]

I will not bother to look for the post, but I know it is there./ Might have been 21 cents,might have been 23 cents. but it was in that area. PS: watch the language.

[buggati]

Hood, northsun posted on IHub that "he is the last man standing with any money left to still buy hrt,,what a petty"...looks like the sun is a red dwarf,,a dying star that can not even spell pity..this is a consequence of the huge losses the red dwarf has taken buying on the waydown from $10 "feeling" hrt was going to da moon

[robnhood]

Northsun has become the only source of comedic release in this grim real life beating.

[buggati]

Hood, It will not get real ugly until a few more dry holes are drilled off nam..at this point it is one of the best penny stocks out there..anywhere from 200-400 million in cash depending on which nr you believe, no debt, a producing oil well, leases off shore nam and a partner wiyh deep pockets running the show in the solimoes

[robnhood]

I find it terribly upsetting that this company does at no point come out defending itself. MM, the captain of the ship basically told us to stay put while he jumped on the first lifeboat before we hit the last couple of icebergs.  It's unbelievable. This thing is trading at 15 cents. 15 cents. WTF was this guy doing buying jets and choppers and drills and pipes and barges before he had

[buggati]

Hood, they want hrt to stay cheap until they are finished buying their positions..just like mm defended the hell out of hrt when the sp was $10 and he wasn't finished dumping his shares on northsun, kman, goofy, and slappy..the 4 stooges

[robnhood]

I see only two scenarios.  #1-- the PR dept. is taking their orders from Tanure or someone that we do not know,. or #2-- the PR dept. is taking their orders from insiders who want to get their hands on the remaining 2 or 400 million. Why else is the PR so vague and poor? Or is this company just a can of fried worms? Cause that's what the market is sayin, sayin , sayin.

[robnhood]

Like for example, they still have 150 or 200 people on the payroll. What do these people do? He had 5 or 600 on the payroll. What was their job? Was their job to be a subject of King MM?  We seem to be not important enough to be let in on what these people do, much less his multi million dollar a year sister. What did she do?

[NorthSun]

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[NorthSun]

This post has been removed in accordance with Community Policy

[NorthSun]

This post has been removed in accordance with Community Policy

[OilGold1]

Averaging down, takeout, and falling knives, I've done them all. Had NFK not taken so long with their re-perf I'd be starting a small position at .14 and adding on the way up. 

[robnhood]

Bug, I read somewhere that it was 200 million in cash. The market obviously seems to be looking at a cash burn that is still larger than income.  Selling airplanes, pipes, drill machines, and barges for half what you paid for them not long ago is a mediocre business model. It would also seem that Brasilian players are not excited about Tanure. Couple this with a total lack of company

[buggati]

Hood, I think it is more than that...there comes a time when a stock has a selling climax, when everyone who wanted out got out..I think the sp is being intentionally driven down..I know there are tons of gds holders who want out but need $.45 or more..it is not rational to sell now...maybe another dry hole off nam triggers another round of selling..as gds holders throw in the towel but we are

[robnhood]

I don't know. The selling is pretty heavy today. 7.3 million so far in Brasil, and I see over 700,000 on the US side. Looks to me like a few large holders have had it with these clowns and want out.

[robnhood]

Bug, why would anyone buy it right now. I'll bet that almost all the buying is from longs that are trying to cut their average cost. The company has given no reasons that I can tell of why the future is bright. Slowing down the burn rate is hardly a reason to buy a stock when there are thousands of others available that just might have some promise. At this point it is a wild wish, and a hope

[robnhood]

And if you are right about manipulation lower then a 1 real takeout becomes more doable every day.

[OilGold1]

Purchasing shares in hopes of a takeout, or to average down, is not considered a wise investment strategy, but I must admit for the past 10 days I've been looking around for lose coin. Anyone here holding NFK?