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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. > Demand for GDS shares..huh?
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Post by Ogopogo007 on Jun 14, 2013 12:39pm

Demand for GDS shares..huh?

If there is such a demand, they can take mine off my oil stained hands starting at $10 a share.

IR...no wonder they fired that dough-head...if there is a demand, let them bid the price up...don't flood the market with cheaper and cheaper shares.

Dark pools indeed.

So what are these dough-heads going to do when there is real demand...like after a major announcement...HRT HAS FOUND COMMERCIAL HYDROCARBONS ?

Comment by jimbo29 on Jun 14, 2013 1:10pm
Does anyone here get the feeling that someone is driving the SP down for a possible hostile take-over, this selling is just nuts at this level.
Comment by edka1 on Jun 14, 2013 1:18pm
HRT could simply buyback 10-20% of shares at this levels and still have enough cash left. That would be a great investment on their part if they still believe that have great assets. Why not sell Air Amazonia and divert all proceeds in share buy back program/ I will send an e-mail to southeastern asset mgmt company and suggest that.
Comment by VanWilder1 on Jun 14, 2013 1:21pm
Arickson Air Crane sale, may have some issues. Looks like they are getting a bunch of fallout over their last purchase of Evergreen. Hoping they close on AA purchase nonetheless. https://seekingalpha.com/article/1499562-massive-insider-deal-threatens-erickson-air-crane?source=yahoo
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Comment by Drill_Deep,_Find_oil,_stay_calm on Jun 14, 2013 1:30pm
So why increase GDS 60,000,000 ?If there is demand....share price should be going up. Very simple. .Share price isn''t going up so why increase the float of shares>
Comment by WESTCOASTOIL on Jun 14, 2013 1:52pm
https://www.afr.com/p/business/companies/champ_under_fire_for_miclyn_activities_WZDLAvn02DTkp48j0tHz5N like this you mean ..that is exactly what is happening. Because they can and because PI's are selling out and running for cover.
Comment by WESTCOASTOIL on Jun 14, 2013 1:54pm
Poor trader...cut your losses iggypop. Then buy back at 1.75..those dark pools are coming to get you...
Comment by Ogopogo007 on Jun 16, 2013 9:34am
Putnam boughtt the Group now owns 14,541,926 (fourteen million, five hundred forty-one thousand, ninety hundred twenty-six) common shares issued by HRT, which represents 4.89% of the total common shares issued by the Company. In addition, the Group holds 3,125,455 (three million, one hundred twenty-five thousand, four hundred  fifty-five) GDSs issued in Canada , which can be converted into 1 ...more  
Comment by gusgold on Jun 16, 2013 10:51am
Even with Putnam buying and short interest at less than 5% the SP keps going down..the reason is the market has lost all confidence in HRT..here is what the market is looking at...murombe and moosehead are dusters...80% chance...HRT then goes back to the solimoes and blows last 200 million trying to find oil..where they are now 0 for 11..chance of finding oil 20%...stranded gas in solimoes worth ...more  
Comment by wallywill on Jun 16, 2013 12:00pm
No it is not the market that is losing confidence...the shorters are the ones driving the SP lower and the same houses are slowly accumulating more and more shares.
Comment by Luckboxx on Jun 16, 2013 5:08pm
HRTP3 short situation. https://www.dadosdabolsa.com/Aluguel/HRTP3
Comment by robnhood on Jun 16, 2013 7:42pm
Nice info Luckbox. Sure puts a lie to blaming the shorts for the price drop.
Comment by gusgold on Jun 16, 2013 9:22pm
Hood, All the way down from $10 the cheerleaders here blame the 95% drop in the share price on evreyone and everything imaginable,the last being the shorts which has now been proven false, but never the obvious fact that MM promised multiple oil wells by now, and HRT after spending 1 billion dollars has produced the grand total of 3 coke bottles full of oil, and even that was probably a publicity ...more  
Comment by robnhood on Jun 17, 2013 7:44am
".idiots being led to the slaughter smiling."  So true---)))))  Hard to believe, but if you never saw the price of the stock you might guess that it had just about tripled after reading the cheerleaders posts.  
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