The tiny Irish stock on the brink of landing 'the first' post-sanction oil deal in Iraq. Ref 'Fleet Street Letter' 12-04-04..

Thanks - My chickens have hatched and growing well thanks :o)
wether they will grow 1400% into hens only time will tell!!

If the right info.comes out after THIS weekends' oil conference then u'll have golden eggs....www.uruklink.net/oil/....ie. ref to contractors.

oh oh a big sell's gone in ...250,000 WHY??????

all you muppets trying to push this stock .they have won a oil deal in iraq big deal.how are they going to get the oil out ,do you think people are going to move to iraq with all the killings and unrest ,i would not its a big sell un till the problem in iraq is back to normal.and the idiot who says 4.35 by mid summer i hope the shares drop to 10p .all it takes is simple logic to think thinks through,invest with reality and not your head.

Why 10p why not 5p, you do not make a case for your drivel.
Cheers.

Dear Chartist - you are the man with the research here, could you please post the facts behind your predictions for the 435 pence target. I'm sure it would be interesting reading for both the believeers and non-believers alike. I for one feel that there is atleast 100% profit left in this as long the hype keeps carrying it. Very much looking forward to seeing what the market is going to do with this stock over the few weeks.

Tokyo

Tokyo - Log onto www.fleetstreetpublications.co.uk scroll down to 'The Fleet Street Letter' this is the sauce of the info I have on PET, although this site gives no info you require on PET. I sugest you contact FSP direct and ask them to send you a copy of thier latest news letter, the one entitled :-
REVEALED:
The Tiny Irish Stock On The Brink Of Landing The First Post-Sanction Oil Deal In Iraq!

Invest TODAY and a share price hovering around 29p could shoot as high as 435p by July.
I don't subscribe to this publication so they don't actualy name PET but I'm sure this is the stock they refering to.

As I dont have a Scanner.
If anyone lives in the Manchester area and like a read of my copy let me know.
Sorry I cant be of more help.
Cheers Mike.....

I have read the article but its still dependent on alot of external factors that are really in nobody's hands.Yes,they "may"land the deal but how Iraq will shape is a slightly different matter.I subscribe to Fleet street but would not agree that all their predictions were the words of God!

SAW - I agree with you 100%, all that is read needs to be taken with great deal of caution. No won has a crystal ball. >>>DYOR<<

Dear SAW could you post the article here if you have it

Tokyo i;m inbetween moving house everything is misplaced I had a rummage but can't locate at present.But basically it goes on about masssive oil reserves in Iraq with a lot of potential for more and it being the only British co. applying it is virtually guaranteed to be granted the contract.But politics being as they are and the Iraq's not being very welcoming,it's an unpredictable situation.I take the view that if I invest I'LL wait till things became a bit more predictable.I may loose some profit but this way I may loose all my investment.

thanks alot SAW

Given it a go Lifes a gamble..........33.31 in at

wow hadn't expected profit taking so soon

As I said this is a highly speculative stock dependent on an unstable volatile country and who knows what tommorrow holds?Research into the real state of affairs in Iraq go beyond press reports and you may understand my pessimism.

Ive been a long believer on this stock.

However, this is a highly speculative gamble..that can turn very nasty overnight..and similarly vice versa.

One has to recall this stock was at 4p not too long ago.
No contract and we could see those figures again.

Similarly...any win..and we could be smooth sailing..
Its taking your money and putting it on a roulette table
however..I would say with less favourable odds on this instance.

Im sitting on the sidelines...until Iraq becomes a bit more stable.

Lucky.

I must admit...Im back in again..Could not refrain from being out if anything happened.

feelinlucky,

Well the chart looks as though the recent uptrend may be broken, have to watch whether the 150 DMA is broken, as it has acted as support before.

With regard to Iraq, when you consider the violence and turmoil going on there, it's hard to see how any company can consider doing business there, quite simply the employees would become targets, and their safety could not be guaranteed, IMHO.

I suspect this will fall further, until something approaching order can be restored, THEN it MAY be worth a punt on PET.

With regard to teh Fleet St. Letter, I have read their article, and yes I'm sure it's PET they are referring to. When I suscribed to them years ago, I lost money on some poor selections by them.

Hawick - You still hold PET from 27.85? Now up 45% in 3 weeks @ 40/41, you may buy me a drink some time with your profit; :O)
Cheers M....