Petro Rio S.A. ADR fka HRPTY

[Northsun0]

HRT along with my other oil stocks have been declining lately. Some say it is caused by the poor economic situation in the EU. I have been taking advantage of the situation by adding to my core holdings.

The ANP approval process is ridiculously slow , once the new deal between Rosneft and HRT regarding Solimoes Basin plus the purchased of the remaining 40% in Polvo is approved. I would expect to see HRT recover in price. If the two morons on SH would lay off constantly calling HRT a P.O.S and saying they are gradually selling their shares this would help. Their negativity is certainly not helping the share price, and working against their best interests as sellers of HRT shares.

It is not unusual for buyers to try to drive a share down but not sellers.