"most likely" doesn't prove a thing.. I am not saying you are wrong.. But to prove it is another story... They would have to find some unusual trading before the story and then prove there was some inside info or intentional leaking of this.. I frankly have no idea. What I do know is that I wish the story never came out in the first place.. All it did was throw more salt on an already huge cut. The reality is this entire sector continues to suffer and it remains a waiting game for oil and NG to stabilize at the very least above 70..I don't know how long this will take - 3 months, 1-2 years? I don't know...But I am relatively sure that consolidation will occur but not before there is a bit more light at the end of the tunnel..So its just wait, and suffer the pain until things stabilize..D
I would tend to believe the The Wall Street Journal reporting this time
Most likely intentional:
1.) orchestrated in UK not US, to avoid criminal charge and investigation
2.) Soros strong base in UK and media contact
3.) PVA PR did not deny nor confirm, and just sit back and watch
4.) several newspaper jumped to bump the rumor one after another for 3 days.
They are all signs of deliberate fraud.
Scaman, 70 cents loss each share today, not feeling good huh?. just keep on sucking on that Porsche hotwheel made by Mattel, the lead paint from it pacifiers your ego.
"To be honest at this point I don't have the slightest idea what to believe..D"
Then you should get out of the stock market.
no proof reading effort when chatting on line, especially telling idiots like you how to cut losses
Sentiment: Strong Sell
What country are you from? You need someone to write for you, or at least proofread.
If all you worthless day dreamer listen to me and face the reality 19 hours ago when I post, you still have chance to save 60 cents per share. Again strong sell, get out earlier the better. it is a big fraud orchestrated by Euro thugs.
Sentiment: Strong Sell
MULTIPLE analysts agreed that Blackberry, Kodak, Zynga, AK Steel, Peabody Energy, Halcón Resources Magnum Hunter and Groupon were takeover targets too. .how did those work out?
Where are you getting this info from? "The author of the article in the UK stands by his sources that BP did in fact offer $8" ???//
Steve Zachritz is an expert and the expert has made his point. See it "as likely". Period.
Argue and debate all you want ---- but MULTIPLE analysts are agreeing that PVA is a take over target along with other oil companies.
Sentiment: Strong Buy
That's like communicating with a bunch of toddlers at the daycare center. They run around without having a clue what is going on.
Just remember when Fannie Mae did not file financials for 3 years and the SEC did nothing about that situation.