Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

Energy Oil & Gas E&P

"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."

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Petro Rio S.A. > Crazy 2x volume only 20 minutes into the day and price dropping only a little.....what does it mean?

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Post by scotlandthebrave on Jul 02, 2013 9:54am

Crazy 2x volume only 20 minutes into the day and price dropping only a little.....what does it mean?

TSX Venture Exchange:

Last: 0.63
Change: - .02
Bid/Lots: 0.60/15
Ask/Lost: 0.63 21
Open: 0.66 Prev Close 0.65
Day Range: 0.59 - 0.67

Vol 641k
Avg Daily Vol 333k

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Comment by powerwalker on Jul 02, 2013 9:56am

Being TSX was closed yesterday, the SP is coming in line with the activity on the Bovespa Monday.

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Comment by robnhood on Jul 02, 2013 10:37am

UBS bought 400,000 on the open. Hence the large volume and then drop to align itself with the Bovespa price.

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Comment by buggati on Jul 02, 2013 12:22pm

Down another 6%..what does it mean?..can you spell DUSTER and all that hype 30 days ago on the gas in the solimoes...lng...gtl...power generation..fertilizer..HRT 11 46000 boe per day..and now after 800 million they are writing off the solimoes..HRT was a scam from the getgo and is going to ZERO within 6 months

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Petro Rio S.A.