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bossbob

bossbob
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  • InterOil shares slashed by more than a third as deal uncertainty to linger [View news story]
    IOC is a better investment today than it was last week. Derisked and significant cash infusion. The drop in PPS is more likely short manipulation than insider selling. They crashed the stops. I am still long and will pick up additional shares. Thanks to the shorts for the opportunity.
    Dec 7, 2013. 03:07 PM | Likes Like |Link to Comment
  • InterOil (IOC) +2.5% premarket after announcing better than expected results from its Antelope-3 appraisal well in Papua New Guinea. The well has penetrated the top of the reservoir at 5,328 ft. measured depth, 217 ft. above the predrill estimate and 92 ft. higher than the Antelope-1 well. [View news story]
    good points. The time involved to finalize a deal of this magnitude is not predictable, but it is certainly not a few weeks. Plus, the government is a participant in this, so that will slow things down as well. Truthfully, I would suggest that three to six months is a reasonable timeline. Presumably they have been working on this for a while, so I would lean toward three months. For that entire three months, the pressure will be on the PPS. So hold some powder back and buy when they move it down.
    Dec 1, 2012. 09:25 PM | Likes Like |Link to Comment
  • InterOil (IOC) +2.5% premarket after announcing better than expected results from its Antelope-3 appraisal well in Papua New Guinea. The well has penetrated the top of the reservoir at 5,328 ft. measured depth, 217 ft. above the predrill estimate and 92 ft. higher than the Antelope-1 well. [View news story]
    Yes, it's all been good news. It will keep coming. We all know that the float is so thin on this stock that the PPS can be manipulated and has been manipulated. However, there are a lot of stockholders who wont sell. So all you can do is continue to naked short and try to get those people without the financial strength to hold to sell. Those are the only shares you can get. Where are you going to get enough shares to cover?
    Nov 30, 2012. 09:30 AM | 1 Like Like |Link to Comment
  • InterOil: Setting The Record Straight [View article]
    thank you. I learned a lot from your article. It is really a pleasure to see some solid research, logical analysis, and compelling facts instead of emotional mental midgets spouting obscene language with no content. I agree with your analysis. IOC is a smart buy right now. It will be worth several multiples of its current value eventually.
    Aug 20, 2012. 02:37 PM | 1 Like Like |Link to Comment
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