It's an allegation that has been denied. These allegations started about two weeks ago. At that time, PTR took a big hit and then gradually rose 8 points.
I don't know why what has become old news caused such a big drop today. I expect the stock to make a recovery similar to the one it made before.
At least four law firms, so far, are filing shareholder lawsuits because of the corrupt former executives.
Calm down. It's the replacement of a few mid-level executives.
And PTR has already said that this will not effect its operations.
It's an overblown tempest in a teapot.
I,m not saying that PTR will not go down, but it will go down (or up) with its sector due to the market, basically.. Any effect of the graft investigation will be temporary. This is NOT a "very dangerous" situation.
yea, but the price wouldn't reflect the dividend until the ex-div date.
And do you happen to know when that will be?
i'd love to see a buyout but tired about the bs about a buyout.on this board. it's pure speculation.
meanwhile, the stock is crashing today.
I have a huge position in this stock, so I hope these predictions are accurate.
But it sure took a beating today. Much more of a drop than the general market.