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Bullboard - Stock Discussion Forum Pennant Energy Inc PENFF

GREY:PENFF - Post Discussion

Pennant Energy Inc > share price
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Post by tinkvid on May 07, 2012 9:49am

share price

looks to be sinking gradually. Bad news leaking early? All 3 companies involved look unhealthy. Anyone know if Trilogy and Taqa started completion work?

Anyone know if they tied in the first two wells?

Comment by Focusakker on May 07, 2012 12:10pm
Take a look at my post from the weekend.  The two wells are not tied in yet but that is in progress.  No word on the third well from Trilogy.  This is from an email I got this weekend from the company. This is a market where no good news is bad news, especially when the news is later than people expected. Paul      
Comment by WorldlyTrader on May 07, 2012 5:41pm
   I think most junior resource stocks rise and fall on their news flow.   Without good news or bad the market can only judge this company on its past performance.  As they say the jury is out on this one until the company proves otherwise.    Now that we are in in the "Sell May and go away" market season will there be any reaction in the market even if ...more  
Comment by tinkvid on May 07, 2012 7:22pm
I am in Pen.v rather than BBI or DEI because of the people funding the company. It was interesting to see that both BBI and DEI short positions covered on April 30 but shorts on Pen, albeit very puny, did not. In fact there was some added. Purposely there is supply inching this lower and I do not think it is as a result of sell in May and go away, although I know what you are getting saying. Out ...more  
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