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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. > Down AGAIN
View:
Post by robnhood on May 03, 2013 9:12am

Down AGAIN

this morning---Starting to smell awful Dusty around here---
Comment by AndyMan2 on May 03, 2013 9:55am
Hey Robnhood, I think they are just shacking out the weak which is driving down the price and then the news of a big oil discovery will hit. Once the news is out, the price will double and keep going up. If I am wrong, we will tank. That's the gamble we all take playing high risk stocks.  But it's going to be all good.  Andyman
Comment by Grizzle1 on May 03, 2013 10:02am
Boys from Rio thinlk its a hit on H11 but a miss on Wingat..... "HRT has 11 oil drill stop waiting result of Wingat. The latter must have been dry or gas (insiders acting). The estratégio must have been holding the result of Solimoes to mitigate the fall when the disclosure of Namibia. Only this explains the probe stop at HRT 11 without disclosing anything ..."  
Comment by nomomoney24 on May 03, 2013 10:03am
Not enough volume to be considered a dusty smell. We will soon though.
Comment by REBaller1 on May 03, 2013 10:11am
I do not believe insiders can be trading when  material news is coming out.
Comment by gusgold on May 03, 2013 10:17am
Down again...yep..can you spell DUSTER...all 3 wells offshore namibia will be dusters...solimoes oil and gas is the only hope now...HRT 11 is first oil well
Comment by gusgold on May 03, 2013 10:23am
"they are just shacking out the weak"...who is they...the only smart move since $10 has been to sell this pos
Comment by REBaller1 on May 03, 2013 10:33am
Please read Sir John's #16.  How do you know?  Are you on the drilling team?
Comment by robnhood on May 03, 2013 10:41am
"I think they are just shacking out the weak" With that logic so far , the only winners have been the weak. Pretty well anyone who has been shaken out of this pig in the last two years is better off.
Comment by nomomoney24 on May 03, 2013 10:41am
" I do not believe insiders can be trading when material news  is coming out". Wow a real deep thinker!!! It's the friends an family that get the news first. I'm sure the guy that lives across the street from MM is watching to see if MM is dancing in the street or crying the blues.
Comment by acceptmydamnusername on May 03, 2013 10:52am
Where did you pull this from? It would make more sense they stop drilling at HRT 11 because it's gas/sand. This would also make more sense with the timing. Thoughts?>
Comment by Grizzle1 on May 03, 2013 11:04am
2 independant sources now claiming that the HRT 11 drill has been halted - possibly up to 3 days ago. No firm views whether its technical or logistics or oil/gas/water.
Comment by robnhood on May 03, 2013 11:09am
"now claiming that the HRT 11 drill has been halted" Hence the increased volume and pressure this morning.  The market is not taking this news/rumour in a positive light.
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