Funny, but if I was as down on this stock as you are I would sell and not participate in posting.
Oh, wait, I forgot, you're short. Duh me!!!
Just found this post to 'willhuasw' on the GDP board:
"floydslittlebrother • 1 hour 33 minutes ago
willhuasw, 11 hours ago you posted...
"many small shales with billion of debt like HK, GDP, PVA are going down down down with no return with its multi-billion dollar debt raised to buy reserves at peak price and now only worth pennies on the dollar for the same land and reserves, meanwhile debt servicing and negative drill cashflow with hedging expire in Q3 will turn into death sentence for those shales."
4 days ago on July 17 you posted "Just bought 80,000 shares at $1.80 to $1.85 range, great time to load"
So your saying you bought 80,000 shares of a company with a death sentence.
willhuasw = Member since: Apr 8, 2015
willhuasw your a two-bit liar. Less"
What country are you from? You need someone to write for you, or at least proofread.
Why don't you consider enrolling in an ESL class. They're a fantastic tool for immigrants. You know, like you. Or are you an illegal??? lol
I guess your editor took the day off. As a result, you had to write this cr-p yourself. Seriously, what country are you from? Don't they offer ESL classes for people like you who want to come here to reap the benefits of the Medicaid system?
So you've been posting negatively for sometime now about the stock. However, not once have you stated what your current position is. Are you still holding? Have you sold? Are you now short?
Other than not being able to find a buyer, what is it that you think management is "intentionally" trying to do to drop the sp? Don't quite understand where you're coming from.
On another note, I'm somewhat surprised we've gone below 4. If we close below 4 today, I shudder to think how low the sp will continue to decline. As for me? $3.50 and I'm gone. Seems to me the vultures are waiting patiently for a bargain basement acquisition.
Wrong......The piece was dated June 3, 2015. Google it.
Here's an excerpt:
"Penn Virginia (NYSE:PVA)’s share price traded down 3.5% during trading on Wednesday after Barclays lowered their price target on the stock from $5.00 to $4.50, Analyst Ratings Net reports. Barclays currently has an equal weight rating on the stock. Penn Virginia traded as low as $4.74 and last traded at $4.75, with a volume of 1,656,055 shares. The stock had previously closed at $4.92.
Several other analysts have also recently commented on the stock. Analysts at Imperial Capital lowered their price target on shares of Penn Virginia from $9.00 to $7.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Analysts at SunTrust reiterated a “buy” rating and set a $10.00 price target (down previously from $11.00) on shares of Penn Virginia in a research note on Tuesday, May 19th. Analysts at RBC Capital reiterated an “outperform” rating and set a $7.00 price target (down previously from $8.00) on shares of Penn Virginia in a research note on Thursday, May 14th. Finally, analysts at Canaccord Genuity lowered their price target on shares of Penn Virginia from $9.00 to $8.50 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $9.73."
He's obviously short the stock or getting paid for his posts. However, if he's actually short PVA, does he really think he could move the stock down on a message board? I would venture to say that the total number of shares held by people who read this message board could be measured as a spit in the ocean.
Not hearing anyone telling management, "Congratulations on a great earnings."
Other than that, everything else was boilerplate b/s......
To answer your question, the following piece came out today:
"OPEC will maintain its production target next week, Libya’s deputy vice prime minister for energy said, joining Kuwait in predicting no policy change when oil ministers from the 12-member group meet in Vienna.
The output target will remain 30 million barrels a day, Mohammad Oun, Libya’s deputy vice prime minister for energy, said by phone Thursday from al-Bayda, eastern Libya. Oun will be part of Libya’s delegation to the June 5 meeting. OPEC is working on a long-term strategy draft to present next week that is likely to show projections of crude supply from non-OPEC producers are the same as those forecast in 2014, he said.
“The target number will not change,” Oun said. Libya is pumping 400,000 barrels of oil a day, state-run National Oil Corp. spokesman Mohamed Elharari said in a phone interview Thursday. That makes Libya the smallest producer in OPEC.
The Organization of Petroleum Exporting Countries will meet to decide on the group’s production target for the next six months amid a glut that sent prices down about 50 percent last year. Saudi Arabia, the group’s biggest exporter, led OPEC’s decision in November to maintain its output target to defend market share amid booming U.S. shale supplies.
Brent crude added 66 cents to $63.24 a barrel at 10:26 a.m. London time on Friday. Prices have climbed 10 percent this year.
Libya joined Kuwait in predicting no change to policy after Abdulmajeed Al-Shatti, a member of Kuwait’s Supreme Petroleum Council, said on May 12 that the organization will “stick with” its present strategy. Kuwait is OPEC’s fourth biggest crude producer, according to data compiled by Bloomberg. Iran’s Oil Minister Bijan Namdar Zanganeh has only said it’s “unlikely” OPEC’s output ceiling will change, according to Mehr news agency."