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Bullboard - Stock Discussion Forum Rooster Energy PRBEQ

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

GREY:PRBEQ - Post Discussion

Rooster Energy > price of oil creeps up
View:
Post by westcoast1000 on Apr 23, 2016 3:16am

price of oil creeps up

Brent crude just over $45 US on April 22 with WTI over $43. At $55-60/bbl this company will be rocking and making lots of money. We need to see where they are now, in terms of earnings and cash flow, in about 8 days. The well services side can carry a lot of the burden of creating earnings, as we saw in the  previous quarter.
Comment by Virgal- on Apr 23, 2016 8:50am
Yeah financials will be interesting to see. I'm also expecting that the low prices we have seen will have a residual effect that will boost their well service side for quite some time after oil recovers. If we fair well on these financials then we'll have survived a storm that many companies did not while merely gaining more jobs for ourselves 
Comment by fagiani24 on Apr 23, 2016 12:01pm
So let me understand you westcoast. Crude at $43, it's been there for 1 day lol, which is not even a break even point.....but you figure rooster can now post a huge profit. Wake up!!!!!! Nobody hopes Rooster flies more than me because I stand at over 400,000 shares averagin 03. But, one thing I can't stand is liars. Why don't you post on facebook instead of misleading people here with ...more  
Comment by Woody10 on Apr 27, 2016 7:24am
numbers for 2015 probably on Friday... should be the end......
Comment by fagiani24 on Apr 27, 2016 11:23am
Let's hope after a long wait we have some positive news. Any negative news could be bad at this point.
Comment by Woody10 on Apr 27, 2016 11:30am
just check last insider transactions and you know what's up
Comment by fagiani24 on Apr 27, 2016 12:07pm
From what I can see there hasn't been any since 2015.
Comment by bechky3 on Apr 27, 2016 1:35pm
Apr 20/16 Apr 12/16 Darcey, Tod Direct Ownership Common Shares 10 - Disposition in the public market -73,000 $0.016 USD - See more at: https://www.canadianinsider.com/company?menu_tickersearch=COQ%20%7C%20Rooster%20Energy#sthash.fcWbMbCS.dpuf as an insider he would have millions of shares that he DIDN'T sell.  how much can be read into a 73,000 share sell. Apr 20/16 Apr 12/16 Darcey ...more  
Comment by Sheperd on Apr 27, 2016 2:23pm
I guess he sold for tax loss purpose at the lowess point... he also open a position in the same filling of 75 000$, 155 700 shares at 0.50$, he took 37500$ in loss april 20...   IMHO
Comment by fagiani24 on Apr 27, 2016 7:04pm
That's funny. If he sold for a tax loss and he felt the SP was going to fly, I'm sure u would have seen him buy again lol. Up 1200% in a month ahahahahahahahahahahahahahahhaha.
Comment by fagiani24 on Apr 27, 2016 7:04pm
That's funny. If he sold for a tax loss and he felt the SP was going to fly, I'm sure u would have seen him buy again lol. Up 1200% in a month ahahahahahahahahahahahahahahhaha.
Comment by Olive777oil on Apr 27, 2016 10:23pm
An insider selling 73000 shares at 0.016 per share for a total of 1168$. big deal!.....lol who cares? Why didn't he sell all his shares? The insiders own much more that 200 millions shares. This sale seems to be like a drop of water in the ocean doesn't it?....lol
Comment by westcoast1000 on Apr 28, 2016 4:05pm
I agree Oliveoil. There are millions (85% of total) shares out there held by insiders. IMHO. WC
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