katoema did say diary note 10 September 2007!lol

Cynic,seeing is believing! lol

31k & 35K Shown as sells were, by the transaction timing in fact buys. Be nice if this anomaly could be rectified, it creates a false reading to the total number of shares bought and sold.
2517

2517GEORGE,agree misleading.No mistaking breakout.

Iraq to issue tenders for international oil firms



MENAFN - 10/09/2007 [-] Text [+]





(MENAFN) Iraq's Oil Minister announced that the country will issue tenders for international oil companies (IOCs) in order to improve its exisiting oil fields in 2007, Gulf Daily News reported.

He further mentioned that the measure will be carried out regardless of the overdue new law to regulate Iraq's energy sector and that the Iraqi Parliament has issued a law which permits officials to act upon any field development contract.

It is of significance that the Kurdish Regional Government (KRG) has already forced the renegotiation of the bill and international oil executives privately.

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093165959

http://www.alsabaah.com/paper.php?source=akbar&page=37

Baghdad meeting, International support to Iraq

Baghdad, Sep. 10, P. 1
Govt. achieved new political victory at foreign field after its success in rallying the support of neighbor countries




Talabani urges to transform Mahdi Army into social org.




Baghdad, Sep. 10, P. 2
The President Jalal Talabani urged to transform the Mahdi Army to social organization which serves Iraq, while he calls to release all innocent of the Sadrists




Arab League suggests holding world meeting in Baghdad




Baghdad, Sep. 10, P. 2
The Arab League offered suggestion to hold international ministerial meeting to discuss Iraqi issue in Baghdad, while Iranian and Saudi delegations confirmed their readiness to provide complete support to Maliki's Govt.




High progress in water and irrigation projects




Baghdad, Sep. 10, P. 3
Municipalities Ministry takes part actively in reconstruction campaign in Anbar province which was launched by Govt. after cleansed it of terrorism




Russian project to generate electricity in Diyala




Baqouba, Sept 10, P3
The local authorities in Diyala is studying with one of the Russian companies a project for electricity power includes the generating of 500 MW to meet the needs of the province of the electricity




State Railroad Company implements fiber optic line project




Baghdad, Sept 10, P3
Cadres of the railroad state company are implementing project of extending fiber optic line project which is paralleled to their lines with length reach to 2500 KM and cost ID 18 billions



Trade Company saves hard currency via building gigantic mills


Baghdad, Sept 10, P3
The cadres of the state company for manufacturing grains, belonging to the Trade Ministry have

Tick up^

If anyone missed it.Chart and t/a PET confirmed as a buy.As each day passes nearer PET gets to HCL and contracts.Exact dates & how many contracts we wait to have confirmed.Huge potential.aimvho.dyor.

is this about to plummet?

i always seem to buy into dodgy shares at wrong time? i bought at 150p last week

scott--------who knows? The bid has been lowered quite aggressively, but the offer is unchanged (atm), awaiting the news of HCL and contracts is not easy and with the turmoil in financials, investors are looking to take their profits, however we are believed to be only a couple of weeks away from the news, and if the HCL is passed and PET get contract awards (which seem likely), then the sp could be looking very conservative. aimo of course. Good look all holders. Where's lex gone?
2517

His typing finger fell off. - Scott--- Agree totally with 2517 worth waiting for the HCL. Also read somewhere that contracts could be awarded before HCL being passed Also aimo.

maggiebt4--------yes I read that about contracts, I am holding for the hopefully greater benefits to come to fruition, it would be very strange if PET did not gain a meaningful foothold, seeing as they have been prepared to work in Iraq with the Ministry of Oil for 9-10 years, whereas others would not take the risk. It would appear that The Ministry of Oil have a good working relationship with PET, would they be prepared to risk that?
2517

Here's hoping 2517 I could do with a tidy profit as I've made a bit of a horlicks this year so far!

maggiebt4------I've had tidy profits and not taken them only to see the sp run back to within a few pence of what I paid for them, DEMG, AMER, and APN spring to mind as well as my LOG calls. I am significantly in profit with PET and will stay with them. Incidently of the 27 stocks on my list 4 are unchanged, the rest are losing so not a good day for me, however there looks to be some value around in the banking/insurance and house building sectors now. Hope your horlicks changes to chocolate soon, good luck all.
2517

I've got 2 green DGO and MDX alias BPRG but would love so chocolate. Check out BRE have been watching it for some time but no money, even less now!!!

Expecting this to fall to 100p or thereabouts. I'm always suspicious when one poster continually cuts and pastes from other boards as a daily hobby, usually a good sign of a well worked ramp. Hopefully for the holders on here I am wrong, I have no position.

pth

pth, LOL.

You are consistent Holden.Information,facts,opinions and risks posted,including copy & paste,are for "DYOR." If you have done any,"DYOR" that is,you will be aware of upside in weighing up risk to rewards.

PET did retrace recently from 150p to intraday lows of circa Bid 106p v Offer 108p.You called short right.

Whenever HCL is approved it is expected to come out of the blue. What of PET share price then? Do bear in mind that immediately following passing of HCL PET management are expected to go straight to GO i.e Bagdad collect 200 & sign contracts.I would not like to be short in either case.You may chose to be short based on your conspiracy theory that company, several long term investors who attended AGM providing verbatum feedback,advfn posters,copy & pastes,Iraq Ministry of Oil technocrats, are ALL "a well worked ramp."

Good luck with your short!

regards
lex;o)

p.s ramped from 60.5p up^


ptholden - 01 Sep 2007 23:27 - 112 of 239
You can always tell a good ramp from the amount of copy and paste posts, of which nearly all on this thread are such. PET has been a hot stock before and is currently enjoying a second coming. Question is, where is the short entry? Time will tell :))

ptholden - 14 Sep 2007 19:44 - 239 of 239
Expecting this to fall to 100p or thereabouts. I'm always suspicious when one poster continually cuts and pastes from other boards as a daily hobby, usually a good sign of a well worked ramp. Hopefully for the holders on here I am wrong, I have no position.

You never did answer my question re how many other financial BBs you are copying and pasting to?
In any event PET have been round this particular buoy before, without success. I daresay if they awarded contratcs this time their share price will react accordingly. Mind you, in a war torn country, with the Brits already pulling out and the US talking of reducing numbers by 2008 I can only see the conflict becoming worse, with the associated carnage throughout Iraq. Personally I believe investing in PET is full of risk, full stop.
(And I still think it's a ramp and quite a good one so far)
;)
pth

Like FOGL?

pth, your post to me: "You never did answer my question re how many other financial BBs you are copying and pasting to?"

I did answer your question directly.In fact within 9 minutes of you asking it.You are a tease & cheeky one questioning my integrity. LOL.

HOLDEN,now YOU are writing UNTRUTHS forcing me to copy & paste,again!

>ptholden - 02 Sep 2007 22:19 - 119 of 242
Out of curiosity how many other BBs are you copying and pasting to Lex?
If it keeps going up, good luck and well done, I remain unconvinced, my choice.

>lex1000 - 02 Sep 2007 22:28 - 120 of 242
ptholden,originally posted MoneyAM PET @ 66p.Post thoughts & copy stuff on here from advfn.for those who may want to read it.Invested and put money where my mouth is.Core holdings returning profits of 147%.Some investors taking profits end of last week. As PET market cap increases,HCL draws nearer,PET attracting more resource investors.Holding firm and long.My choice.Good luck with your short.regards.lex;o)

ptholden - 15 Sep 2007 17:56 - 241

No objections to you questioning what is different this time,raising issue of risks including security on reduction of troop numbers.

Important investors question why buying & reasons continue to hold PET.Weigh up risks to high rewards for themselves.PET is a volatile share.

Inevitably there will be biase.By virtue of buying and going long holders are biased.

ptholden & halifax are biased,current non holders who either speak of shorting or trading ups & downs.Cynic when he posts lives up to his name,cynical.

I have no interest whatsoever in FOGL which is rising on vague talk of farm in agreement.Whereas PET has contracts in Iraq,S&L Merjan claim to Block 6,ask by MOI to bid Halifa and unlike Majors,Koreans or any others care to mention.PET ready to start work & sign contracts immediately.PET has taken risks working in Iraq over last decade with Iraq company & Iraqis widely rrespected and influencial for doing so.Fact in Iraq billions barrels of oil cheap to extract.Scratch below the surface you find oil and many good progressive positive things happening in Iraq.

Grant you previously there have been two false dawns.Provided on old thread and this evidence of New Dawn and that this time is different than at anytime before.Iraq & PET offer investment opportunities high risk,high rewards.

IRAQ: Likelihood of approval of HCL in 2007 and award of contracts is high and possible to happen at anytime.

Supports @ 112.5p & 119.5p.Resistance @ 125p.See chart in header thread.Your eyes will confirm uptrend intact.

Gentleman good luck with your short term positions.Thank you for your contributions.For the sake of balance & debate please remain contrarian and continue to attack. Happy for peeps to judge and make up their own minds whether I was right or wrong making contributions highlighting PET for research here on MoneyAM when shareprice 60.5p-66p.Posts numbers 8 to 12 inclusive link old 100p thread refers:

http://www.moneyam.com/InvestorsRoom/posts.php?tid=11649&from=8&to=12

Long term PET is a winner irrespective short term fluctuations in share price.

Ask yourselves: is Northern Ireland better without troops? Who has been is discussion groups and looking at N.I. model? Does Iraq need oil? Does the world need Iraq oil? Does Iraq need foreign expertise?Which company is uniquely placed,likely to benefit,proven willingness to accept risks and begin work immediately? Are majors prepared to take risks and begin work immediately or wait a few years for security to stabilise? Risks yes,BUT do you know what is really happening on the ground,have any understanding and comprehension about what is involved or huge potential.........................or are your posts only ever about short term trading positions?

regards lex;o)

Hope that I've learned from past mistakes,could be wrong,markets as they are or any market can't afford to be complacent,world fallout subprime,NRK.........fwiw,wdik........aimvho.DYOR.