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Petro Rio S.A. HRTPF

"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

Post by Bob322on Jun 19, 2013 6:16pm
224 Views
Post# 21544456

Second Day

Second Day

Yesterday I posted five options for stock move, as follows:

1. Small market correction.

2. A limited and small short rally.

3. Robin and Gus are covering their short positions.

4. HRT has pierced the Big B, and news is leaking out.

5. Other positive news is pending - i.e. Polvo, gas, farm-in.

After a day of trading, I am inclined to say it looks like speculation on item # 5 (possible new partner - BTG perhaps?) leading to some amount of item #2 (short cover as confirmed by one or more notable figures on this board).

Anyone else have a thought?

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