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Petro Rio S.A. HRTPF

Energy Oil & Gas E&P
"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Petro Rio S.A.
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Comment by gusgoldon Jan 11, 2012 10:12am
244 Views
Post# 19390807

RE: RE: Agreed No Bankruptcy

RE: RE: Agreed No Bankruptcy

Hood, what you are saying about HRT's chart is true but when is the last time you saw an E&P with no production and no reserves selling for 2200 reals or $1000 + per share. MM was such a good BS artist that the initial market reaction was insanity. Even now HRT is around $190 a share and 4 more dry holes could bring it down to $10, which would = HRP $.10

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