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EPS100Momentum (71.63)

Onshore oil & gas focus of some hedge funds

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June 17, 2010 – Comments (2) | RELATED TICKERS: PDO , MVO , BEXP.DL

If you noticed PDO is rallying huge on no news today. While MVO keeps making new 52wk highs ahead of dividend payout in July, BEXP is down today but the Bakken shale is play may prove to be golden since its onshore.

2 Comments – Post Your Own

#1) On June 17, 2010 at 5:08 PM, uclayoda87 (29.94) wrote:

PDO was recommended by NIA on Tuesday in an E-mail, since then the stock and volume have been way up.

 

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#2) On June 17, 2010 at 7:24 PM, awallejr (84.55) wrote:

Yeah well back in '08 PDO skyrocketed from $4 to like $36 because of false rumors about its reserves.  Rumors I suspect where were purposeful.  This company generates a few million a year tops in revenues.  That is it.  It is  a pump and dump stock.

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