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PENN OCTANE CP Message Board

  • vvetwillie vvetwillie May 20, 2005 8:16 PM Flag

    Good news on Earnings

     

    POCC will go from $0.8 to $1.2 on Monday, just like ABLE went from $8 to $12.

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    • buylowsellhighagain02 buylowsellhighagain02 May 21, 2005 12:57 PM Flag

      You must not have seen the last earnings report that I just looked at today(Saturday). All didn't seem so bad till I got to the back end of the report. Their amount of gas transported has come off the map. Looks like their only moving about 1/2 the gas they were moving the last quarter. The report said they are also getting less money on less volume. The real killer was that they said they had not sold ANY gas during the 1st four days of May. This thing should go into a nose dive Monday. To bad can't short stocks under a couple of dollars, this would make a great short. Mexicans must be playing hardball with POCC. No wonder the ex ceo bailed out this past week. Looks like my Rio Vista dividend was fun while it lasted.