PSA 0.00% 2.1¢ petsec energy limited

1st post of fy 2006/ "100 share seller" ????

  1. 6,389 Posts.
    Well I might as well start out the new FY with a post about PSA.

    First one on the HC board in a week for PSA too.

    Well what's new?

    NG injection was much bigger than I though would happen. Futures fell below $7 for the first time in a long time, but cash at HH is still above $7. Today was the last day of delivery for the futures contract so that might have had something to do with weakness in the cash market. ....

    SONRIS still shows no change in the status of the second well at Price lake and still no permit for thr third.

    The 20-F was filed with the SEC. Wonder when the deadline was? Pretty late compared to previous years. Will have to make time to read the document over the weekend.

    Today there have been two "100 share sell orders" place on the order queue. With the last sale at 103.5, the 100 share sell order moved from 103 to 101.5 - a whole two cents BELOW the previous sale....

    Kinda had to figure out why and who are the people that put in sell order like that....

    Will have to watch and wait for more of the same over the next week.

    Oh, and stay tuned for more brilliant posts on my take of the 20-F and the less than forthcoming BOD and executives at PSA.

 
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