Petrel Resources PET.L
Petrel Resources is trading below the moving 50 day average and below the moving 200 day average on above-average volume.
Trade Petrel Resources long or short on margin at City Index .
398 of 899
Overall AIM Rating
91 of 108
Oil and Gas Rating
31 Jul 2014
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Zak Mir says BUY in Petrel Resources (LSE:PET) live on TipTV. by BatsfordArmy
Thu, 31 Jul 2014 14:47:00 GMT
Zak Mir says BUY in Petrel Resources (LSE:PET) live on TipTV. Watch here : By BatsfordArmy
'Shorting' - Govt epetition - 4,511 votes! by dickie3times
Wed, 25 Jun 2014 22:50:00 GMT
4,511 votes. Are they all wrong?
(that's A LOT of irate investors!)
The HMGovt epetition is a regulated and monitored site with legal authority !
HMGovt epetition, make short selling illegal !
(or at least better regulated)
* cast your vote here....
* read more -( a lot more ! )
* Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?
Deramping SHORTERS !
Shorting a rising stock....is much worse when it is done by your resident posters that seemingly are your buddies and convince 'long' holders to give up!
What many pi's fail to grasp is the extent that shorting is taking place. Often we tend to think that the 'shorter' is gone, 'he' is out of the way? You'd be wrong in most cases, for ( he ), the shorter, is often joined by others that keep the stock down !
Some stocks fall after GOOD NEWS!
Shorting or normal profit taking?
The main reason for many pi's selling, is they are afraid they'll be left in losses AND because of the fear of shorters !
Consolidating shares often sees the sp fall as the multi-bagger potential is greatly reduced. Shorters know this and 'get their digs in' with a distinct advantage
Quindell has consolidated 15 for 1 and guess what? The shares are tanking! Probably being shorted again and not just by the professionals. Ordinary investors are having a go as well (if you can't beat 'em....?).
BUT, where does that leave the genuine investor that has put stocks like QPP into their pension funds?...holding losses again!
* Once pi's know the stock is being shorted...they'll SELL UP IN THEIR DROVES !
We can't both WIN !
The 'shorts' therefore 'win' their bets, whereas the 'longs' lose the best part of their investment, possibly for some time to come.and just when you thought this couldn't go any lower, THEY'LL SHORT THE STOCK AGAIN !
* Thanks for all your support. We are now heading towards 5,000 votes!
* Investors are saying something? They are voting in their hundreds !
# The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?
'Catch 22' .... No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.
The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.
* When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more).
# The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated shorting !
The results will be reviewed by Govt legislators for further action! The FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either ban short selling, or to be better regulated !
David Serra wants the FCA to investigate 'shorting' practices
How the pros make YOUR money THEIR money - market manipulation !
BE A PART OF IT -please vote!
read more (a lot more)
1% tax?!? by J0HNNIEIS
Thu, 05 Jun 2014 12:41:00 GMT
i thought i'd buy back in here on the news but realise it's not AIm and not even 0.5% tax but 1%!!! So I haven't bought. Please excuse my memory but has it always been 1% here? By J0HNNIEIS
Re: Here we go again by dickie3times
Fri, 30 May 2014 21:14:00 GMT
Petrel the nearly but never stock....has been floating around Iraq since Saddam Hussein's days. I was in these when heavily ramped to over 130p. I'm sure they only exist on investors gullibility and promises of license deals, but worth a quick punt for 3p upsides. Don't expect PET to be the next GKP, imo
Thanks to all those that have supported this campaign
Campaign to make short-selling illegal (or better regulated?)
UPDATE - 3.485 voted to date
(or at least put in more stringent controls)
(post on IF you agree, bookmark the link/s if you wish to read or vote later)
It is estimated that over 90% of AIM stocks are INFECTED by short-sellers !
Many highly popular stocks are going down even on GOOD NEWS !
# IF you were a short-seller, BLUFFING, (basically manipulating a shares' price) about a company's overvalued share price, you might not want to *draw attention to yourself since you could get accused of stock manipulation. So you would hope (OR PLAN FOR) others to get involved and to present SEEMINGLY GOOD REASONS to short the stock.
You would want to put AS MUCH FEAR INTO 'LONGS' as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts' selling, since longs are totally motivated to sell their shares at the highest possible selling price. #
IT is easier to tank a share price, rather than make it go UP, by short-selling.
RUINOUS to genuine investors.
They may be able to buy in cheap BUT what's the good, if the stock never really recovers?
AND when they have got you all hooked on the 'lovely' new all-time LOWThey'll SHORT IT AGAIN !
# ChalieHarper - posted on iii - TRP
IF a fund owns a large share holding in a firm and is long.... whilst waiting for its end game to materialise, it loans out any number of its shares to a shorter...the shorter then manipulate the share price down making £X amount when short ended.... the shorter then gives the loaned shares back and splits the proceeds 50/50.
They both make cash, probably during a time when not much is happening with the sp. IT's a WIN-WIN for them but BAD news for the pi's who as usual may have sold at a loss because the cash has to come from somewhere. #
# Topalov asks on iii Ariana Res-AAU
(to give balance to this debate, i have included his response and Q.s with my reply)
The FCA codes of practice and market abuse
### read the full post-decide for yourself ###
Here we go again by wangeye
Wed, 26 Mar 2014 07:50:00 GMT
plop! By wangeye
PET to update investors by papapapasmurf
Mon, 14 Oct 2013 08:44:00 GMT
Petrel Resources will be in Dublin on Thursday speaking to investors at The Shelbourne Hotel, 6pm, followed by complimentary wine and canape reception. Registration page: By papapapasmurf
Zak.. by Harkins1950
Tue, 27 Aug 2013 12:00:00 GMT
ZAK MIR ON MANIPULATED MAGNOLIA, GULF KEYSTONE PETROLEUM & PETREL RESOURCES
POSTED ON Date TUESDAY, AUGUST 27, 2013 AT 10:29AM By Harkins1950
Re: From advfn by jimonegbr
Wed, 14 Aug 2013 13:24:00 GMT
Well that news really fired up support NOT. By jimonegbr
From advfn by MichaelBloomberg
Mon, 12 Aug 2013 15:40:00 GMT
Madinat us Salaam 10 Aug'13 - 14:51 - 1348 of 1352 0 0
The imminent deal that Petrel are about to sign is genuine. My information from people at a certain province have confirmed it. Importantly, the ministry isn't interfering with any deals (not only oil.gas) that are thrashed out at Provincial/Governorate level. The provincial law (effective June) has now allowed provinces to devise their own deals - giving them greater autonomy.
I am trying to find out which Iraqi company Petrel have struck the deal with. The province in question is I believe Basrah. Petrel have done very well to finally get something in Iraq, especially with a company that does have quite lucrative licenses in the south. This Iraqi company is keen to diversify and liked Petrel's other ventures, especially the Irish JV with Woodside. One of the objectives is, I'm told, is to use Petrel to venture into the MENA region to explore for gas/oi.
As it's Eid I am unable to make contact with the officials I have good comms. Hopefully next week I'll see what I can get from them.
Munna Bhai MBBS
10 Aug'13 - 18:28 - 210 of 344 1 0
Just been told about madinat's post. It's very true. I found about it a week ago from Iraqi contacts that used to give me all the info I posted on here in the past.
By the way, my long talks with Teeling at the time he was taking action against me, were pretty fruitful. He admitted to me that he (and the directors) were amazed at how much of the info I posted was so correct, many a time posting details even before they knew about it. The directors actually felt I was an insider at the Iraqi ministry. I did however tell him I was not, and also explained to him who was passing the info on to me.
Anyway, wont be posting much, just wanted to make a point that Petrel have, after so many years, clinched a very important deal in Iraq. For a small company like Petrel, it is quite an achievement. I suspect it will be a model deal that will be followed by many others.
I know I was scathing about the directors going after licenses in the same league as the majors, however I am not shying away in admitting that they have really come up trumps with this Iraqi JV/deal. I would say it's absolutely transformational. And this time round, Sharistani and his cronies can do nothing about it. The regional provinces holds all the powers with respect to provincial deals - it's enshrined in the new provisional laws.
(yes I am the same munna bhai - I will stick to my promise of not posting anything derogative or libelous against Dr Teeling, any directors or any of the companies he is associated with - I promised him that and I will keep to that promise) By MichaelBloomberg
Is there by jimonegbr
Mon, 12 Aug 2013 07:57:00 GMT
anybody there?????????????????????? By jimonegbr
Petrel shares surge on potential Iraq acquisition by armagain
Sun, 28 Jul 2013 16:20:00 GMT
Consolidation... by mjbeginner
Fri, 26 Jul 2013 11:04:00 GMT
It will be good to consolidate at this level and then to have the same tick on Monday.
Of course some afternoon buyers can still push the price up today.
GLA By mjbeginner
Re: strange reaction by Bellumjsg
Fri, 26 Jul 2013 10:32:00 GMT
Thank you - I ignored his recommendation - didn't sell! By Bellumjsg
RNS by armagain
Fri, 26 Jul 2013 10:26:00 GMT
26 July 2013
Petrel Resources plc
("Petrel" or "the Company")
The Board of Petrel (AIM: PET) is pleased to announce that negotiations on a potential Iraqi investment are at an advanced stage whereby a private company with extensive hydrocarbon interests in Iraq would inject an asset into Petrel in return for a minority shareholding in Petrel as well as board representation. By armagain
Re: strange reaction by Stokie2
Fri, 26 Jul 2013 10:26:00 GMT
One of the best calls I have seen.
Currently up 40% having been down 20% at open.
Hope you made some money off that one !! By Stokie2
RE: This PET...is by JamJonesy
Wed, 02 Jul 2014 12:20:16 GMT
I hate to say it but I don't think this will ever come good. I can see an occasional spike on the cards but apart from that, I think this is going to drift under 5p and lower. Here are the facts: IRAQ: The political situation in Iraq right now is awful, the block 6 oil field PET have interests in are in a war torn part of the country which quite frankly show no signs of stabilising in the next 5 years, maybe ever. PET have got a million to one shot of ever getting oil out here. If Iraq carries on the way it's going, they can kiss the licence goodbye. Ghana: No chance of this ever coming good. Ghana is a corrupt country and the dispute over the oil field here is going to hold this one up for years. Ireland: No commercial oil discovery ever been found here, and this is likely to remain the case for years. This is PET's only hope and to be honest it's not looking good. I sold here at loss months ago when we spiked to 19p. I don't want to be doom and gloom but my advice would be sell up, and invest your money elsewhere. REM are looking very tasty right now, no point sitting on dead money here, it's only going to get worse.
This PET...is by Sampson
Tue, 01 Jul 2014 20:59:09 GMT
looking by REDDEVON
Thu, 05 Jun 2014 14:37:01 GMT
Better. Glad I fell into this one.
interest by reece
Thu, 05 Jun 2014 07:27:31 GMT
Bit of interest in pet last few days , may get news at last
Good News Week by collyboy
Wed, 04 Jun 2014 13:28:20 GMT
This is good news coming out of Ghana, David Horgan is an excellent negotiator and he will I'm sure get the best deal possible for pet. Watch this share take off once the Ghana project is sorted as Ghana is what's been holding it back. Also look out for updates on Ireland and Iraq which will show the futures looking bright. Pet is holding three aces.
Jib by REDDEVON
Fri, 30 May 2014 12:02:37 GMT
AFRICA brown envelopes involved I bet!!!!
Reddevon by JibbaJabba
Thu, 29 May 2014 16:56:39 GMT
you read the Clontarf RNS released today ?.. looking pretty dire on the Ghana front. The Ghana govt has gone ahead and ratified the licencs for Tano Block which the US company owns... the same license covering Clon/Pet area..Ghana govt effectively ignoring the court order.
Ireland by REDDEVON
Thu, 29 May 2014 09:46:37 GMT
Buy Rating by REDDEVON
Thu, 29 May 2014 09:27:14 GMT
RNS by REDDEVON
Thu, 29 May 2014 06:17:34 GMT
Petrel Resources PLC Board re-organisation Print Alert TIDMPET RNS Number : 2825I Petrel Resources PLC 29 May 2014 29(th) May 2014 Petrel Resources plc ("Petrel" or the "Company") Board re-organisation David Horgan will be stepping aside from his role as Managing Director of the Company for the time being to focus on bringing the Ghanaian dispute to a successful resolution. He will remain a Director with John Teeling, Executive Chairman, managing the day to day operations.
RE: PET by REDDEVON
Mon, 19 May 2014 09:51:51 GMT
Couple of nice chunky 50,000 buys this morning. Some one else wants in too.
PET by lego
Fri, 16 May 2014 21:05:18 GMT
Scariest share i've ever had, only share i couldn't sell. Has anyone else had the same problem ? Would like to get back in.
JH99 by REDDEVON
Thu, 15 May 2014 21:06:18 GMT
Cheers. Not worried having read up on them. Got them at an ok price and will take a ride. Some times you get lucky.
REDDEVON by JH99
Thu, 15 May 2014 18:34:07 GMT
Sorry to hear you got the wrong ones REDDEVON, although I'm sure the price was much lower than everyone else on here! Good news Re the Dublin Summit.
4th-5th June in Dublin by REDDEVON
Thu, 15 May 2014 10:26:50 GMT