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Longwei Petroleum Investment Holding Limited Message Board

  • lphreal lphreal Feb 9, 2013 9:50 PM Flag

    Quiz: who call the unexpected early halt on January 3rd? Why an LPH's official did that?

    Any reason for a fraudulent company did that? What's the gain?

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    • LPH is halted by New York Stock Exchange, the following is news release from a chinese website,
      I copy and transtate to english through google.

      Longwei Petroleum plummeted 72.85% temporary suspension has been questioned
      2013-1-4 13:44 | Posted by: expo006 | View: 12 | Comments: 0

      Summary : Beijing time on January 4, Longwei Petroleum on Thursday opened slump, 10:13 am EST and 11:07 pm twice suspension by the New York Stock Exchange, M (stock price volatility is too large suspension for the following reasons ) T1 (awaiting publication for more information). Second before the suspension last transaction price reported $ 0.62, compared with Wednesday's closing price of violence ...
      Beijing time on January 4, Longwei Petroleum opened Thursday slump, 10:13 am EST and 11:07 pm twice by the New York Stock Exchange suspension, suspension reason M (stock price volatility is too large) and T1 (awaiting publication for more information). Second before the suspension last transaction price reported $ 0.62 plunged 72.85% compared to the closing price on Wednesday, the day of Longwei oil trading rapidly increased to 1450 million shares from the average daily trading volume of 55.43 million shares.
      Thursday a company called Longwei Petroleum the The GeoTeam doubt report in seekingalpha hair and institutions through field monitoring Longwei Petroleum warehouse interviews local residents questioned the measures on their sales out; Taiyuan and Gujiao railway throughout the plant obviously long unused; the Gujiao projects since 2011 has basically been idle; November 9, 2012 - 22 days 13 days without any a tanker loading fuel within the project.

      The report listed a lot of evidence of the Longwei oil business six questioned, 5 Longwei Petroleum and related subsidiaries and other legal relations questioned.

      龙威石油遭质疑暴跌72.85% 已被临时停牌
      2013-1-4 13:44| 发布者: expo006| 查看: 14| 评论: 0

      摘要: 北京时间1月4日消息,龙威石油周四开盘暴跌,公司在美东时间10:13 am与 11:07 pm两次被纽交所停牌,停牌原因分别为M(股价波动过大)和T1(等待公布更多信息)。第二次停牌前最后交易价格报0.62美元,较周三收盘价暴 ...
      北京时间1月4日消息,龙威石油周四开盘暴跌,公司在美东时间10:13 am与 11:07 pm两次被纽交所停牌,停牌原因分别为M(股价波动过大)和T1(等待公布更多信息)。第二次停牌前最后交易价格报0.62美元,较周三收盘价暴跌72.85%,当天龙威石油交易量从日均55.43万股的成交量迅速增至1450万股。
      周四一家名为The GeoTeam在seekingalpha发报告质疑龙威石油,机构通过实地监视龙威石油仓库、当地居民访谈等措施对其销量出局表示质疑;发现太原及古交的项目的铁道已遍布植物,明显长期未使用;古交项目自从2011年就基本已经闲置;2012年11月9日至22日的13天里没有任何一辆油罐车在该项目内被装填燃油。

        该报告罗列了大量证据对龙威石油业务发出6大质疑,同时对龙威石油与关联子公司等法律关系提出5大质疑。

 
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