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PEDEVCO Corp. (PED)

NYSE American - NYSE American Delayed Price. Currency in USD
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1.6600-0.0300 (-1.78%)
At close: 3:59PM EDT
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  • P
    Participant1
    I enjoy PED management transparency. They called out Avalon and Montare questionable valuation of PERS. Good to know long term that Kukes and Co will be transparent with Pedevco’s assets.
    Bullish
  • P
    Participant1
    Kukes and Pedevco acquired Hunter Oil in 2018. Dickie Hunter who owns Montare purchased 2.5M shares of Sandridge Permian within last 2 weeks. What are the odds that Dickie owned Hunter Oil and since Dickie’s Montare owns 10% of $PERS now holds voting rights for PED acquisition. I’d say load up PERS and get ready for the squeeze and then accept 4/10 of a share of 1 PED at a discount.
    Bullish
  • I
    Investrman
    DOJ & SEC needs to investigate this compnay after this episode...

    I was an investor some years ago in 20-30 cent range. When August LOI came about with PER (PERS now) deal then it failed I got suspicious.

    Kukes never replies to my inquiries/

    Last week I sold most what I had and yesterday, I sold last 5,000 shares in my portfolio at 1.15, but TD said "no buyers out there", and so took me like 22 times to completely fill my sell order of only 5,ooo shares !!??

    Then premarket you see volume here like nothing before, early regular same, then massive drop slowly back toward 1.00 line where it seems to be always pegged??

    Is this not suspicious to anyone else out there?? NO news. NO SEC filings. NO nothing...
  • P
    Participant1
    Sweet it appears dividends are coming..I knew it!
    Bullish
  • R
    Robert
    Negative cnbc commentators Becky, she need a job!
  • S
    Silent Dart
    buy buy going to 3 bucks
  • S
    StayCalm
    Why did the exchange let it go upto 200% increases if they cared about the news so much!!
  • I
    Investrman
    PEDEVCO going after whole enchilada now. They know about Montare first right of refusal offer so to speak.. . Montare, LLC is a bunch of VERY rich men/lawyers who want to buy oil assets and have lot of $$$ behind them. SO, PED will go after Montare and add all that to their existing operations in Permian Basin, near Chevron's (CVX) recently reported resurging of their assets there you must realize, right???

    Watch and see... Just read this Bloomberg Article excerpt last night:

    In addition, the Company (PEDEVCO) is aware that Montare Resources I, LLC ("Montare")
    announced today that it has entered into an agreement with Avalon and its
    affiliates (a holder of 25% of the issued and outstanding Trust Units and the
    operator of the assets underlying the Trust) regarding Avalon's ownership of
    its Trust Units, 100% of the working interests underlying the overriding
    royalty interests owned by the Trust, and all other related assets used in
    connection with operating the underlying properties related thereto. As stated
    in the public announcement, "Avalon Energy has agreed, subject to the
    satisfaction of certain conditions, to contribute all of its Units and its
    other Trust related assets to Montare and has granted Montare an irrevocable
    proxy to vote its Units. Avalon has also granted exclusivity to Montare with
    respect to any transaction involving Avalon and/or the Trust, and has agreed
    to support Montare's acquisition of the Trust (either by merger, acquisition
    of assets, acquisition of the remaining Units not owned by Avalon or
    otherwise) and not to take any action that is detrimental to or hinders
    Montare's ability to consummate an acquisition of the Trust."

    Given this new information regarding Avalon and its exclusive arrangement with Montare, the
    Company (PEDEVCO) plans to attempt to engage in direct discussions with both Avalon and
    Montare regarding the Company's prior indication of interest relating to the
    potential acquisition of all the Trust Units, its underlying assets, and
    operatorship thereof.
    Bullish
  • J
    James
    THE STOCK MOVEMENT WAS BASED ON FALSE INFORMATION. WHATEVER YOU DO KEEP A SINGLE SHARE IN YOUR PORTFOLIO. THERE WILL BE A CLASS ACTION LAWSUIT. KEEP THE SHARE SO YOU'RE UPDATED ON THE LAWSUIT.
  • H
    Harry
    anyone else is looking at this stock and Invested in this?
  • C
    Corey
  • C
    Corey
    The news is pending on the official Halts link on the NYSE. VERY GOOD possibility this will sky rocketed.
    Bullish
  • d
    daan
    remember guys, tesla was ever 1 dollar to. huge company! Get in now!
  • P
    Pete
    my broker said the news wasn't clear for the public so the exchange halted it until the news is revised for clarity
  • D
    David
    in and out Great 2 hours this morning thanks all
  • P
    Participant1
  • R
    Raheem
    does anyone know what's going on with this company they literally just stopped Trading
  • M
    Mike
    doesn't anyone remember last week????????
    BDR Blunder
  • R
    Riff
    Halted now it's lost it's momentum. why?