Petrolatina Energy Share Discussion Threads

[christianf12] 12/12/2011 08:45

This will be back in the 25-30p range soon.

[don777] 12/12/2011 08:42

POSSIBL MBL will sell their huge holdings shortly, and it will cause the pressure ont he share price in short term since PELE is so illiquid.

[rizzzla] 12/12/2011 07:54

that clears up the funding issues

should see some movement today

[peterbill] 09/12/2011 14:15

No News Available in the last month for PELE ???

Obviously doing nought :-(

[don777] 08/12/2011 13:33

why do we list here?

why did we hire a new COO in May and there is no operating activity till now.

[mpclag] 01/12/2011 13:54

Who are FRR?

[don777] 29/11/2011 13:55

back to 11P now

[don777] 14/11/2011 16:03

5x 10K and 50K went through.

a 100K did not do.

i put 200K in total for sale.

[kinghorm23] 14/11/2011 15:56

You said you could not sell and now you did sell 100k on Friday Don ?

[don777] 14/11/2011 11:14

rizzla,
there are three reasons for me to trade a bit PELE.

1, i went to Oilbarrel last thursday, GED, did presetation there, their production is limited by the capacity of the transport pipelines in Columbia, ours never meet its designed capacity since it's built.

i thought PELE would sell it to raise the fund for drill, as Luc described " various ongoing initiatives ", it seems it's not the assets as good as we expected, it might be sold at less of it's building cost.

2, i bought 250K at approxmately 12P early, i would take a bit profit rather than let it drop back again.

3, i got lots of info about FRR and i need fund to double my holdings there. there is a string of positive news in the next 2-3 months to push it high, we might be quite here before X'mas.

i believe in the long term, PELE can reach to 100P and it remains one of my biggest holdings.

IMHO, please DYOR.

D



i sold 5 x 10K and one 50K last friday, but not the big one. i put 136100 early morning to sell today and i wish they would go through.

[kinghorm23] 14/11/2011 10:00

Order filled for now, they are back to bidding for very small amounts.

[rizzzla] 11/11/2011 18:59

why take 18p when you most likely will get a lot more over the next few weeks

[don777] 11/11/2011 18:21

I put it before I went to lunch

[kinghorm23] 11/11/2011 17:45

Sorry Don, dont be offended but are you blind ?

Look at the trades this week, loads of smaller sales and every large
trade a buy, that 3 trades 100k or more all buys and some 50k's as well.

So over 400k bought obviously by one buyer, too much of a conincedence
to be random large buyers.

The reason you were rejected is you have left it to late, the buyer
has been filled by selling all day, i said the online limit had dropped
to sell hence they are almost filled so it's no good coming along with
100k after the event, that trade would have been took easily this morning.

[don777] 11/11/2011 17:40

i do not think there is a larger buyer.

my 100K sell at 18P was rejected today

[kinghorm23] 11/11/2011 15:55

Now 18p bid, down to 15k max sale at 18p but look at how much selling
they have took.

Maybe the order is close to being filled but it's took a lot of selling
to get that way, quite a large buyer.

[kinghorm23] 11/11/2011 12:21

There it is or part of it, another 100k for the buyer filled at 18.5p

[kinghorm23] 11/11/2011 12:20

Must be a decent order, taking loads of sales out of the blue !

[kinghorm23] 11/11/2011 10:18

Another online check

Sell 58000 at 17.91p

Hopefully this buyer wants something like 500k to mop up all these sellers.

Cannot get a quote to buy even 1000 shares still.

Back later.

[kinghorm23] 11/11/2011 10:13

Punters are not reading this, another 35k sold no move down, more profit
for the mm filling the 19p buyer.

[kinghorm23] 11/11/2011 09:15

Yep once again phone only buyers, 5k NMS.

If they cannot fill the order today then the mm will have to raise the bid
so no more sellers and it should go 18p on screen or 18.5p online, they are
definately manipulating the trading to try and fill this large buyer, 200k
in 3 days if i'm not mistaken, not bad for Pele and more to come.

[rizzzla] 11/11/2011 08:55

silly quote day it seems 20.3 p pftt

[rizzzla] 11/11/2011 08:35

No firm quote is available for your order electronically

zero chance atm lol

[kinghorm23] 11/11/2011 08:24

Buyer is there again, no change online after 20k sale, can sell 55k
at premium but if buyer is paying 19p then it's a clear penny profit
for the dealer, sellers are selling too low in a nutshell.

Again all the buys, been 3 small ones all hidden on plus so it just
looks like selling only.