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Message Boards Settings Petro Resources Corp. (PRC) - Quote Info
Re: Why does a guy like Evans take the head job at PRC?      8-Jun-09 04:11 pm    
Skane,

You're behind the curve. The inside buys are occuring as we speak. That's another reason I backed up the truck!!

Inside buy on 5-29 of 69,000 shares followed by anohter inside buy on 6-1 of $204,000 shares.

I followed suit and backed up the truck on 6-2. This stock will be a proxy for oil absent big news because it's so lightly traded. It will have a direct correlation with the price of oil. If oil corrects and you like this stock long back up the truck on the dips.

There's a chance oil could correct and go to $5o or $55 before it hits $100. I'm ready to back up the truck and double down on this stock if that happens. The more likely scenario is oil holds around $65 and heads higher as inflation weakens the dollar. Oil is priced in dollars so as the dollar weakens, oil prices go higher and so does PRC!!!!!!

If you like oil long this is a sweet long term play with Gary Evans on board.


Sentiment : Strong Buy
Rating :
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billglueck

46/Male
Connecticut


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Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
This could get interesting.
jsb1949 Rate it 27-May-09 02:26 pm  
 
Itchy fingers. It's a plus for the company. He's a...
blaineson3 Rate it 28-May-09 10:52 am  
 
As he said, PRC is a simple, straightforward outfi...
dabmu Rate it 28-May-09 12:33 pm  
 
I totally agree. What most surprises me is...
jsb1949 Rate it 28-May-09 02:30 pm  
 
The next event must be insider buying. L...
skaneateles... Rate it 30-May-09 09:41 am  
 
No, the next event is an acquisitio...
blaineson3 (1 Rating) 31-May-09 01:08 pm  
 
Because PRC is a straightforwa...
billglueck Rate it 5-Jun-09 12:57 pm  
 
With oil prices moving up...
Slabman1 Rate it 7-Jun-09 07:10 pm  
 
Re: Why does a guy like Evans take the head...
billglueck (1 Rating) 8-Jun-09 04:11 pm  
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Petro Resources Corp. (PRC)

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