Web Site : http://www.petrolatinaenergy.com


SUMMARY of PELE as of 24th Jan 2008, please see post 190 on page 10


Link to Page 10 of posts

This company reminds me of Circle oil (COP), production improving all the time with exploration upside but going unnoticed by many, the market cap of both companies is far too low.

Hopefully the new broker can spread the word and improve their profile.

Ouch why the drop?

A lot of the oilies are weaker today.
2517

Monday's Report on UK-Analyst is from GE&CR - Buy PetroLatina: uk-analyst

About time this was tipped. Wonder if this is a result of EVO putting the word around already?

Wow didn't expect this big drop?

Anyone know why this has fallen?

I thought the most recent news was reserves increase and Zoe found oil in 2 areas. Surely this would be positive.

I give up.

What's the point of investing when good news is treated like terrible news?

Just makes the whole thing a casino.

Oversold and ready to recover, there is no stock available online and the price has been punished for more good news from 65p to a current 52.5p mid.

Another one getting manipulated, the max online buy has been 1000 shares most of the day online, price should be higher but if you cannot get any size then most
wont bother to buy, mm's win again.

Hi ravey,

Online buy limit upto 3750 @ 55 so nipped in and bought a few.

I think we're entering the period again where good news could come out at any time.

I noticed the is falling today against all currencies including $ (just now 1.485$ to the ) and that this is predicted to continue. This is a bit annoying if you're going aboard, but it also makes stocks listed in that have the revenues/cash in $ (like this one) cheaper relative to NPV/NAV/Cashflow etc. so in theory we should rise.

Well very hard to get stock so that 50k at mid price will probably be a sell, thats
what you want, sells, if it's all buys they will manipulate and drop the price, all
sales and they will push it higher to attract new buyers.

Saw that, but the online prices and amounts are exactly the same - you would expect more available to buy and/or a lower price (and less / lower price to sell?). Also no movement at all on L2.

So I think its more likely a delayed buy of some sort (eg from last week) which together with possibly more such buys I assume must be behind the shortage of stock for ordinary purchases.

Then again it could just be a transfer of stock from one place to another. You can't tell these days as they don't put the codes anymore.

I agree it could be a cross trade.

I just give up at times checking the limits, if the mm's want to manipulate it they
will just like they dont constantly at RRR.

Lets wait and see what they do next

Must be about time for another move up?

Its shake-out time again..

Exactly and dont it work well as the punters say there you are mr marker maker
i will give you your profit, just make sure when we have all sold you push the price
back up to make sure we buy back higher :-))

Yep, spot on.

News out!