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PETREL RESOURCES.Independant Iraq Oil Company.10 target 2007/2008 (PET)     

lex1000 - 27 Aug 2007 16:59

Chart.aspx?Provider=EODIntra&Code=PET&Sihtml>

the manageress - 12 Nov 2012 19:19 - 1087 of 1154

Bought these on the 20th of sept then sold them with a small loss to buy CPP Doubled my money but never bought back into PET. BIG MISTAKE.
Got back in today at 17p so a nice increase. Set a 5p trailing stop loss just in case there is a plummet tomorrow morning. Can't wait till 8 tomorrow morning.

mitzy - 12 Nov 2012 19:45 - 1088 of 1154

Chart.aspx?Provider=EODIntra&Code=PET&Si


10 year chart suggests a return to 50p..

its a gamble rf but will see how it plays.

required field - 12 Nov 2012 19:52 - 1089 of 1154

Not on one announcement.....I'm sure that the Irish plays next year are going to be fantastic....PVR, PET ,EOG, SLE, PCI and a few others are all going to be "must-haves" next year as we shall have a Falklands gap year (as so to speak).....the chart you show is over years....different times...economies have slumped since then.......who knows but we might even have a FOGL oil strike in the south atllantic (dream on RF)....euhhh...I mean a strike not a strike as in....british leyland......euhhh...sorry....

mitzy - 13 Nov 2012 01:34 - 1090 of 1154

http://www.thisismoney.co.uk/money/markets/article-2231913/MARKET-REPORT-Mineral-firms-Quantum-leap.html#ixzz2C3CBOkvI

talk of exxon as farm in partne r.

required field - 13 Nov 2012 08:01 - 1091 of 1154

Up again...unbelievable....

blackdown - 13 Nov 2012 08:02 - 1092 of 1154

As the actress said to the bishop.

mitzy - 13 Nov 2012 08:03 - 1093 of 1154

Sugar in the morning..

required field - 13 Nov 2012 08:08 - 1094 of 1154

Bubble burst...hope you are out Mitzy,,,just as I suspected .....

mitzy - 13 Nov 2012 08:10 - 1095 of 1154

Still in rf.. wait for the DM readers to buy around 10 am.

cynic - 13 Nov 2012 08:11 - 1096 of 1154

surprisingly, sp has actually recovered and is now ~27.25 ...... very tempting to short

required field - 13 Nov 2012 08:16 - 1097 of 1154

I fear a pullback to 20p...could kick myself for jumping out because I would have sold this, this morning early...

cynic - 13 Nov 2012 08:17 - 1098 of 1154

so go short now

required field - 13 Nov 2012 08:23 - 1099 of 1154

I can only short big companies.....will have to set up another account...

cynic - 13 Nov 2012 08:25 - 1100 of 1154

IG would certainly allow it, as would any other s/b company - that is their raison d'etre

required field - 13 Nov 2012 08:51 - 1101 of 1154

Hit the lower twenties....you never know but we might get a rebound of a sort...

the manageress - 13 Nov 2012 09:00 - 1102 of 1154

trailing stop loss kicked in at 26p, happy.

required field - 13 Nov 2012 09:06 - 1103 of 1154

Twin peaks anybody ?

required field - 13 Nov 2012 09:23 - 1104 of 1154

Out for the third time.....I'll give it a rest now....

cynic - 13 Nov 2012 12:35 - 1105 of 1154

BIG CLUNK as fully expected, even if only in my cyber-short
sp now ~19.0

cynic - 14 Nov 2012 09:09 - 1106 of 1154

sp now ~17.75 ...... my goodness it's so easy to make lots and lots of money on these cyber positions .... no wonder some of our members here come across as so smug
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