Petrel Resources - moderated discussion/research part II

SS - I see you and your pals within your stable are trying to force this lower....again
One understands a desire amongst traders to hedge portfolios and create opportunities on the swings and roundabouts but this is a high risk strategy even for you, given the way the PET share price moves higher on fact and rumour. Word has it, the tide will turn again and we will see the shares go sharply higher as the focus of attention turns back to the hcl with its implications for new and existing contracts. Of all the trades I am looking at in the market, this is one that from a bear's perspective, is thwart with danger.Assuming this is what you are trying to achieve, at the present time.

Those of us (you included)who expected CDN to be flying, on their return from suspension and subsequent reorganisation, might now look instead at the current CDN price. This is a turning point, as the more flaky investor may have desserted and others I know are beginning to take a serious look. CDN is a strong buy, as you , as well as the boys from Rivington St have told me; PET though remains THE one, which has the potential for a major lift off and I would most certainly not want to be short nor taking advice to sell