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

is a strong bounce going to happen despite negative news?very possible but difficult to find level?.- any thoughts on goo

Chart looks like the floor is the limit.

Cancel that, a turn upwards here.

i am a mere spectator here and find in incredulous that the company has not directly clarified what is going on. surely they must have a definitve answer by now.

i envisage a lawsuit from disgruntled investors who sue management for grossly misleading shareholders. was it stated anwhere that the contact had been awarded to PET?

Back to 30p bid dave.

Over to you.

It will reach 10p...soon

40 pence before i sell

Whats happen to the streaming prices just jumped from 30ish to 40's

It's OK i forgot i had typed in FGML LOL

Dave I thought you were short?

lizard - sorry not ignoring you.

SBE no real intimate knowledge, but recent news makes it probably worth a punt, but I won't be joining anyone who does.

Another of those 6 well drill programmes will make it volatile once it starts and there will be ups if they find anyhting but the downs will be really downs on dry holes. (hopefully got the right info in my head!)

Expect a 50/50 return unless they get really lucky.

All imho etc.

hey SWW, remember that SEY thread....actually, forget it, the action is elsewhere at the moment. PET is truelly disgraceful, has anyone tried contacting the company?

Sw,before christmas ?

prop all been done, they are up the river without a paddle.

Looks like another Teeling Submarine.

Up periscope!!

Right full rudder!

Dive! Dive! Dive!

If it wasn't tragic, it would be funny.

PET's intraday looks like a repeating mott and bailey castle.

It is a classic pattern each one falling lower than the previous one.

After the wall the ramparts, then the ditch, then the inner wall, then the ditch then the bailey then the fall to the next castle.

As I said a classic, not disimilar to the teacup, but cant see a handle.

No handle you drop it.

All in all today she falls.

Tomorrow................?

iturama - you are right.

Apologies to all who have been hit on this, not nice.

I have shead a tear for you all, because it could happen to anyone.

Sorry

This is a dog with fleas and i sincerely hope the management gets kicked out for blatent misrepresentation. this is far worse than a dry well.

as a trader i have been at the brunt of these kind of stocks on other occasions and my sincere sympathy for those on the wrong side.

Well said. SWW.

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