PSA
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0.00% 2.1¢ petsec energy limited

Somebody bought 100k forcing the price from $1.28 to $1.30 -This...

  1. petzl
    500 Posts.
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    11/11/04
    06:52
    Post #: 651346

    Somebody bought 100k forcing the price from $1.28 to $1.30 -

    This is "normal" for this stock if someone wishes to buy a reasonable package and quickly there are not that many sellers/market depth. Trouble is this also works in reverse

    IMO for PSA to of spent three times the money (onshore wells) for only a 25% stake they must be reasonably sure it's a good idea.
    PSA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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