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Bullboard - Stock Discussion Forum
Petrominerales Ltd
PMGLF
Energy
Oil & Gas E&P
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Bullboard (GREY:PMGLF)
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•••
soberinvestor
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Comment by
soberinvestor
on Oct 16, 2012 11:05am
RE: TSX oil stocks today
OK, since yesterday’s 7.2ish drop I reason as an early year end tax sell off and taking advantage of today’s surge over 7.50 I temporarily departed PMG. I’m still a big fan of this stock it’s just
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bladerummer
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Post by
bladerummer
on Oct 16, 2012 9:48am
TSX oil stocks today
All flat or slightly down with the tsx up 100 fake points. Thats over a week in losses for all tsx commidities, HAL is up .65 and goes with the market. Why are you so jealous, I'm only showing
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•••
soberinvestor
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Comment by
soberinvestor
on Oct 15, 2012 4:30pm
RE: RE: RE: No worry....
…clueless moron He just called himself the right name. He complains about Canadian equities all over the boards oils, drillers you name it praising South corporations especially Halliburton. I
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•••
bladerummer
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Comment by
bladerummer
on Oct 15, 2012 3:22pm
RE: RE: No worry....
This guy is a clueless moron. Tax loss selling is a DEC activity. Not one dumped share today is in that category, its a lousy oil company thats all, I fell into the trap with its blatant bogus
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soberinvestor
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Comment by
soberinvestor
on Oct 15, 2012 2:21pm
RE: RE: No worry....
Sorry to call it short, I ment year end tax sell-off. Since this stock dropped so much this year some holders will sell it to off-set the losses against capital gains. They are allowed to return back
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maxleverage
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Comment by
maxleverage
on Oct 15, 2012 1:46pm
RE: No worry....
What tax claim? (the ANH dispute?). Where did you get the info that today's drop is "tax claim selling"?
(0)
•••
soberinvestor
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Post by
soberinvestor
on Oct 15, 2012 12:50pm
No worry....
....seems to be some tax claim sell today. Nice to have some covered call cushion, let somebody else pick up the slack. Just as I predicted 7-8 for a while before it’ll take off. Company will spend
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•••
bladerummer
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Comment by
bladerummer
on Oct 15, 2012 10:51am
RE: getting beat up today... but CNE on trading ha
Following PMG is like following your dog, your just picking up sheet and tossing it in the garbage. This stock and all oil stocks in canada suck..
(0)
•••
hotrok
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Post by
hotrok
on Oct 15, 2012 10:30am
getting beat up today... but CNE on trading halt..
good news from colombia maybe? have been following PMG it for a bit but havent done my DD on it....
(0)
•••
soberinvestor
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Comment by
soberinvestor
on Oct 12, 2012 10:04am
RE: RE: RE: RE: GROWTH
Wondering if perhaps Venezuelan election has some psychological impact on PMGs SP. If it does then I think it would be short lived since nothing changed, perhaps could be better business-like in that
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•••
maxleverage
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Comment by
maxleverage
on Oct 11, 2012 6:38pm
RE: RE: RE: GROWTH
It sure is miserable. Let's hope the Board and management 's decision to buy back shares (they have continued the daily buys every day in Octobr) is a sign that there are better days to come
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soberinvestor
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Post by
soberinvestor
on Oct 11, 2012 4:10pm
Largest PMG holdings - over 1 million.
Last time recorded insider selling was 2.6 mln shares in July by Fidelity (FMR). It is the beggest holder with still 9.7 mln or 9.7% of issued. Norwey Government and Wellington added to its holdings
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•••
soberinvestor
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Comment by
soberinvestor
on Oct 11, 2012 3:17pm
RE: RE: RE: GROWTH
There are no reports of insider selling this year on mandatory SEDI register. They were selling last year for a lot of more money. Company is buying back vigorously for cancellation. Since this stock
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•••
bladerummer
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Comment by
bladerummer
on Oct 11, 2012 2:13pm
RE: RE: GROWTH
You sure thier not SELLING off thier own shares. This dog is at 5 year lows and no end in sight. Should name it Petromiserales cause thats what investors got stuck with.
(0)
•••
soberinvestor
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Comment by
soberinvestor
on Oct 10, 2012 9:56am
RE: GROWTH
As we see below the company you praise is just an exploration play. PMG besides that is a senior producer with coffers full of cash baying back its own shares. It can afford once in a while dry hole
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