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Rooster Energy PRBEQ

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."


GREY:PRBEQ - Post by User

Post by westcoast1000on Mar 30, 2016 1:31pm
162 Views
Post# 24711813

final capitulation?

final capitulation?A 60 K block went through at 1.5 cents around mid day on March 30. Must be a loss, perhaps a very big loss from the accumulation around 7-9 cents. And this occurs before the year end and 4th quarter results which are still to be released

This might be called a final capitulation before this issue begins to see some buyers. The profit/loss and the drilling update for the last quarter will be crucial.
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