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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 OnDaBallon Sep 10, 2013 11:13am
380 Views
Post# 21729664

Who is buying all these shares?

Who is buying all these shares?
I always find it interesting when large quantities are being sold following bad news that to every seller there is a buyer.  Someone or several people still see value and potential in this stock because even at $0.23 it still adds up to millions of dollars being invested.  Does someone know something that we don't know about the future of this company?  I suppose, even if the company goes back to $0.40 the buyers might be able to double their money.
Something to think about...sellers need buyers!!
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