What did PGH strike oil or something? At this rate the Professional Trader may recoup Her whopping $100 investment.
What is it going to take to get more upgrades on top of S & P's last week with every other analyst still having a sell at .53 cents on this with 30 billion in reserves . Going over a $1 soon . " Oil prices finished at the highest level in months Wednesday, buoyed by tensions between the U .S. and Iran and expectations that OPEC will decide to extend its production-cut deal. Prices, however, finished off the session’s highs on the heels of a third-straight weekly jump in U.S. crude supplies, a hefty rise in production, and a rise in the dollar DXY, +0.84% as the U.S. Federal Reserve signaled one more interest-rate hike this year. A further climb for oil would have to be “fueled by talk in the upcoming weeks” on whether the Organization of the Petroleum Exporting Countries’ production-cut deal will be extended “or if consensus starts to increase the amount of cuts,” said Tariq Zahir, " We should be getting some mentions in the press 4 trading days with more then a 7% gain and getting near a double off the low fast . This is undervalued at $3 a share just watching it back and fill .
WORLD CLASS PROFESSIONAL TRADER
In the past, I have said that PGH is not going to go anywhere UNLESS there was a BIG jump in volume with a corresponding increase in price ... it "may" start to move now. The volume has been higher in each of the last six (6) days. Other indicators are turning positive ... GOOD SIGNS ~
if it breaks the 1.00 it could then bounce to 1.07/1.15
#$%$ s going on? .85???? Hope some announcement is coming.
has the BOD awoken and started to explore strategic options? This is a good thing
Hopefully a takeover. Lindberg would be a good asset for a company like Suncor. Syngergies would be good as they will not need a c-suite and all that comes with it and our great BOD which would lower coasts dramatically. Would be good for all it this happens. PGH as a stand alone with current management will struggle to make it work. Better as an added asset who has the where with all to blend PGH into there business.
Come on $1
Within next 10 days should be announcement on covenants, Then would be nice if they say what's going on with the last $300M and the $150M that closes 4th quarter. Debt payment or Lindbergh spending and what they expect it to do for the company and shareholders.
Up on double volume is a good sign.
We are waking up spiked up 7% at one time today . Backing and filling is healthy . Soon over .70 usd on our way over $1 . Many managements would of reversed split but ours is trying to truly help us . Wish they could totally remove the fear of debt surrounding Phase 2 and prove they can be profitable with or without it . Thats what needs to be done .
This trade activity reminds me of the last time PGH was under a delisting notice and under a dollar and mgmt said it would not be a problem to conform before the deadline, and they did. Not sure what goes on behind the scenes but the volume increase and PPS jump makes you wonder if Seymour is cutting a deal. Oil @ $50 is a plus as well.
I believe I am the only person in the world, that Hillary did not blame for losing the election. Too bad, because I could not vote for that man hating, Christian hating, hetero hating, conservative hating, liberal hypocrite.
Some people seem to have information that most of us don't. What is driving this jump today?
As would be expected the Left and Fake News CNN, are pooping in their pants after a strong speech by Trump at UN. The Republican Establishment won't be far behind. With punks like John Kirby around it's no wonder we are where we are now. Rear Admiral John Kirby that is, Emphasis on "Rear" as in, In the rear with the gear.
So why is PGH so much more valuable today, than 4 days ago ?The market is rigged. Just like everything else in the world. And soon, as we continue to rise, I will be rich again. And liberals will once again hate me for it. Yet they don't hate Bezos, Buffet, and Clinton, who made their money off us.
Looks like some folks going to be taking some profits. How can you really blame them with a run like this. Hoping this is temporary and we can continue this short trend.
4 times the avg volume on large percentage move. i would think Mgt would be locked out from purch significant shares if there was a buyout in play. Must be something else in play.
Notice was given May 16th, So last day of this month must be above $1, then average 30 days above $1 to be in compliance by Nov. 16th?
Under the NYSE's rules, Pengrowth has a period of six months from the date of the NYSE notification to regain compliance with the NYSE's price listing standard. Pengrowth can regain compliance if, during the applicable cure period following receipt of the NYSE notification, on the last trading day of any calendar month, Pengrowth's common stock has a closing price of at least US $1.00 per share and a 30 trading-day average closing price of at least US $1.00 per share. Pengrowth common stock closed at a price of US $1.06 on May 16, 2017 on the NYSE. Pengrowth intends to notify the NYSE of its intent to cure this price deficiency and return to compliance with the NYSE's price listing standard prior to the expiration of the applicable cure period.