The Head of your Scrotum_Harden is speaking. Why didnt the interim analysis been stopped yet? What is the impact to you? What is you excited ectation and why? Hope you can provide some of your wisdom on this board.
I run away from stocks that has pumpers insighting buyout, That means trouble ahead. Since all the shares I got left were free shares, I'll leave it till PGN does one of the two: 1. get to $10.00 bucks long term or 2. Go bankrupt. I am out.
You will not hit that break even price at all, if you have truly invested a teal money. I personally Think that you are playing other people's emotions here, especially those who have invested above $10.00. Man you are good!
I sold a third of my shares at $1.48 to 1.49. Still got over 120k shares. I am trying to buy back the EXEL shares that I sold to buy more shares of PGN. Not bad two weeks, around nd 35% gains, plus 10% decline on EXEL netted me with 40% percent more shares in EXEL and some vacation funds for the kids spring break.
If the top cover is taken off like it was at $1.25, we may see upper $1.50s. The are so much selling pressure in between $1.57 to $1.60. In addition, retailer shorts is back in the game, the cost of barrowing has been in reach and at par with other stocks to short.
Now I got you! You are envious on someone's success! It may be your time next, but I think that you will have to wait long for it. What is your break even number again? I am in the black now! Whoop whoop!
The risk is too high for the banks lending money to any oil driller at this time. I believe that the bank may be asking too stiff of a premium and it is not worth taking the loans being offered. In addition, the interest on their line of credit may be significantly lower than any bank offers and that the management took the risk of using the LOC instead. I am only speculating here, based on financial decisions that I have been taking for our firm.
One thing is sure and Stilley indicated that the company's liquidity is safe, so using the LOC doesn't put PGN at risks.
I do appr ciate some of your negative comentary and I followed it up with research. But to say that you are that sure, then go for it and it was just me. I gave you one example that I did last week, I was following PGNs decline for two weeks and when I saw my entry point (1.17) blow by and I emptied my savings account and bought as much shares that I can between $1.07 to 1.09. I then sold a third of the shares yesterday when it hit my price target. So I got half my money back at this time. And have price target and also stops in place.
So yes, I thought that you are my ch more determined than me. I guess I was wrong about you.
Then short it if you will. Mortgage your house, empty your savings and put it on short position sll the way to a dime without selling. Just do it and stop blabbing the uneccessary.
Wow! The person was just pointing the data out of yahoo and this is what he gets from you. Awful and pathetic. Why don't point the facts that yahoo does not correctly shows the correct data and point him into the right sites.
I have been sluething for information that may justify the spike of prices within the industry, almost every oil and gas stock on my portfolio went up significantly yesterday.
The only reason I gould see is that the dollar got hammered after the spoke, then oil wnet up and recovered their loses for the day and then there it goes. I was dumbfounded as you are, but I will take it anytime. As always, our information is as good as every single retail investor, so what you are seeing and reading is just current as I could get.
Are you that dense? Where did you see celebration on any of my post. I was calling it as it was yesterday, having a good number of seller at the price range. BTW, it was not my fault to enter slightly above a buck, and yes, I deserved to celebrate if ever my invest goes up over 20 percent in a week having invested $175K on a single penny stock.
Military is not for everyone. At least you got medically discharged, i assume. A sailor who used to work with me got kicked out due to mis-conduct got me into investing. Unbeknowst to us, he was a son of a hedge fund manager with billions n asset in 1992.
We actually have something in common. I retired from the service three years ago, although I had an option to stay 6 more years. I let my financial well bring deives my retirement and not the age.