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SocialPicks Community
Bullish on IOC ...
IOC
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+134.78%
in
244 days
InterOil Corporation, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea. The company owns four petroleum prospecting licenses and two petroleum retention licenses located in Papua New Guinea covering approximately 8.2 million net acres. It also engages in liquefaction, refining, and marketing jet fuel, diesel, and gasoline, as well as naphtha and low sulfur waxy residue. In addition, the company involves in the retail and wholesale distribution of diesel, jet fuel, gasoline, kerosene, avgas, and fuel oil, as well as Shell...
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Investing guru, T. Boone Pickens increases stake in InterOil (IOC)
IOC
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+21.67%
in
821 days
"Billionaire oil and gas investor T. Boone Pickens has taken a 9.9 percent stake in InterOil Corp. Pickens now owns 2 million shares of InterOil (IOC) and his investment firm BP Capital Management LP owns another 943,964 shares, according to a Securities and Exchange Commission filing Thursday..... Pickens, long known for his oil investments, is also pushing the use of natural gas as a
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INTEROIL CORPORATION
IOC
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-13.87%
in
887 days
I think that the stock is going to fall because it is overvalued and the company is making negative income. I think that this stock is volatile and can go down sharply at any moment.
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From the Blogosphere
Morning Movers 9/18: BPFH, IOC, HEAT, LAVA, EROC Higher; FSP, ARNA, EDR, NMM Lower
Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) <font>26.7% HIGHER;</font> announced last night that it has completed the sale of Coral Gables, Florida-based Gibraltar Private Bank & Trust for $93 million to private investors. Separately, the company announced the sale of RINET Company, LLC, to the RINET management team. Based in Boston, RINET is a wealth advisory firm catering to very high-net-worth clients and their families. The transaction is not expected to have a material impact on BPFH earnings or its financial position. The stock was also upgraded at KBW.Interoil Corp. (NYSE:...
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Interoil: Anatomy of a Stock Manipulation Scheme
The Scheme In this blog post, I will provide evidence of what I believe is a stock market manipulation scheme involving InterOil (IOC), John Thomas Financial, and Clarion Finanz AG. I believe that InterOil with the assistance of Clarion Finanz concealed John Thomas Financial’s involvement in helping it raise $95 million through a private placement of convertible debt securities.
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InterOil Offers Misleading Information About Questionable Employees to Investors
<>Documentation obtained by this blog shows that Carl Caserta, who in 1991 was barred by the Securities and Exchange Commission from “association with any broker, dealer, or investment advisor” still has an available, current, and active email address (carl.caserta@interoil.com) at InterOil (IOC). Other documentation obtained by this blog show that Caserta has continued helping InterOil promote its stock to investors. That documentation has been delivered to securities regulators. However, a January 2007 New York Times article reported that Caserta “stopped working for InterOil” after the><><>>>...
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Is InterOil Selling Investors Hope?
InterOil Corp (NYSE: IOC) has no proven oil and gas reserves. They may not have any "commercially viable reserves" at all. However, those facts have not stopped Vice President of Investor Relations at InterOil Corp, Mr. Wayne Andrews from privately hyping that “we’ve got over 3 trillion cubic feet of natural gas, certified by resources by the number one Canadian engineer.”
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IOC gets govt nod for merging BRPL with itself
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State refiner Indian Oil Corporation (IOC) on Wednesday (March 25) said it has received the government approval for merger of Bongaigaon Refinery and Petrochemicals Ltd (BRPL) with itself. IOC owns about 74% in BRPL and the merger would be effective today, the company said in a statement to the Bombay Stock Exchange. Shareholders of BRPL will get four shares of IOC for every 37 shares they held. <>“The Ministry of Corporate Affairs (the competent authority to approve mergers of Government companies) has sanctioned the Scheme of Amalgamation for merger of BRPL with IOC,†it said. IOC had a><>><>><>><>>...
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