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Bullboard - Stock Discussion Forum 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 Discussion

Petro Rio S.A. > stops
View:
Post by grover11 on Mar 28, 2013 2:16pm

stops

getting triggered here. Some people are either going to very mad or very happy when they get home
Comment by grover11 on Mar 28, 2013 3:11pm
That should say stop limits.. wow!     Hide Level Two Quotes # Orders Shares Bid Ask Shares # Orders 14 23000 0.870 0.880 103000 5 15 121000 0.860 0.890 20500 6 12 62500 0.850 0.900 15500 5  ...more  
Comment by OilGold1 on Mar 28, 2013 3:12pm
They're going to keep taking this down and I'm out of CPP cheques, good luck all! 
Comment by grover11 on Mar 28, 2013 3:13pm
sorry.. that didn't copy right. This is updated # Orders Shares Bid Ask Shares # Orders 13 22000 0.870 0.880 103000 5 14 32000 0.860 0.890 20500 6 12 62500 0.850 0.900 15500 5 4 30500 0.840 0.910 11500 ...more  
Comment by grover11 on Mar 28, 2013 3:17pm
volumes pretty low.. Good time to buy if one was so inclined! IMO
Comment by robnhood on Mar 28, 2013 3:50pm
Volume on the Bovespa is fairly high.
Comment by gusgold on Mar 28, 2013 3:53pm
Investors on the Bovespa got in for the solimoesmaybe they are not focused on namibia like the former UNX investors are
Comment by xoox on Mar 28, 2013 3:59pm
we're fine...BK is coming to the rescue tonight!!
Comment by grover11 on Mar 28, 2013 4:05pm
yes it is.. I hadn't even looked at that...... lets face it.. theres some people with heavy wallets that are not too big on Mello. what is the latest short position?
Comment by robnhood on Mar 28, 2013 4:07pm
Perhaps , but we do not set the price. The price is set on the Bovespa. The sellers are extremely persistent down there. TD is the major seller up here and that is some kind of arbitrage.
Comment by robnhood on Mar 28, 2013 4:12pm
"theres some people with heavy wallets that are not too big on Mello. "  That's probably because their wallets have gotten a lot lighter in the last year and a half. lol
Comment by grover11 on Mar 28, 2013 4:25pm
this is true... although I think the pressure has been from some Brazillion pro shorts who will in turn make the same amount again back to $10 if we're lucky
Comment by Oiljars51 on Mar 28, 2013 4:58pm
I think Grover has it right. I believe the shorts (some who believe this will be going up) are controlling this sp now while they accumulate and then turn around and make money on the flip to higher share prices. The down pressure is too constant. We're being gamed currently. The question is, who's doing all the selling?         & ...more  
Comment by robnhood on Mar 28, 2013 6:13pm
"The question is, who's doing all the selling?  "    According to you , it's the buyers. Ha ha ha.                  
Comment by robnhood on Mar 28, 2013 6:59pm
"his is true... although I think the pressure has been from some Brazillion pro shorts who will in turn make the same amount again back to $10 if we're lucky" Grover, how can a short make money if the price goes up? After reading all of these conspiracy theory posts on many boards about sellers actually being buyers, it has become apparent to me how people in the west can actually ...more  
Comment by collymcd on Mar 28, 2013 8:49pm
You do realise that people can close positions and then open completely new positions don't you? I do agree with you that the conspiracy theories of manipulation are a load of bull. I can however assure you that the smart money has profitted short on this and are probably starting up long positions now. 
Comment by robnhood on Mar 29, 2013 7:48am
"I can however assure you that the smart money has profitted short on this and are probably starting up long positions now. " You can assure me? LOL, you nor I have any idea who is doing the trading on this stock.   To me it looks like there are one or two very large sellers and mostly small buyers.   "You do realise that people can close positions and then open completely ...more  
Comment by gusgold on Mar 29, 2013 8:46am
Looks like the shorts are in complete control...2 drill bits turning and HRT hits a new low..if the wells are dusters or discover gas you probably have a $.25 stock here..still a good short
Comment by robnhood on Mar 29, 2013 9:35am
I have to admit that the selling does seem to be over the top, however I see lots of other stocks under the same intense pressure. I don't understand it.  Is it fund redemptions, or short funds that are crushing everything in sight?  One thing for sure seems to be that no beeg money is willing to step in front of this bus.  
Comment by xoox on Apr 01, 2013 10:50am
Posted this three days ago: don't underestimate the "BK-effect" at least for the short term.
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