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52 week high? What are you talking about?
Yeah, I didn't mean to imply that there was money to be made here, I was just speaking in general terms.
This is the OTC, of course it has scam written all over it. The trick is making money off the scams...
People with more money than sense, I assume..
I was able to sell at .0004 a few weeks ago using etrade, went through pretty quickly too..
I'm not expert by any means, but I have a little personal experience. I had a very odd number of shares and my sell went through. It's highly improbable that someone else had a buy order in for the exact odd amount I was selling, so it doesn't seem like an exact match on qty is necessary, as long as the buyer isn't using an AON order, they should get a partial fill if a smaller lot is for sale at the buyer's price..
So hypothetically if I put in a buy order at a penny from one account and a sell order at a penny from another account, would those trades not be matched? A penny was an extreme example, but substitute any price you like, seems logically that it'd be pretty easy to paint... However, judging from the fact that it hasn't happened yet, I'm thinking that I might be missing something..
Meh, I'm kind of ambivalent at this point, no idea which way this is going to turn out. I've been around long enough to know that most of these pink sheet stocks aren't at all what they appear to be. That's fine when you're making money, but it sucks when you're losing money. That said, there are exceptions to every rule.
I consider myself lucky for losing much less than some of the posters here and I certainly wish everyone the best of luck going forward. Like some others here, I don't see the point of selling at these levels except for the write off. Thankfully I'm not sitting on millions of shares, so I'm hoping I can get out fairly easily if/when the time comes to take the loss for my taxes..
Best of luck to you..
Haha, that's actually genius..
Ha, turning into an old school stock market floor on this board. Bunch of people yelling prices and waiving tickets over their heads..
Etrade is accepting orders, at least sell orders, haven't tried a buy order yet ;)
Etrade is letting you place orders today...
From what I've read, price yes, size no...
I met a Hope at a strip club once, cost me waaay more than $0 lol.
I would plan on being 100% f---ed, and then if you end up not being 100% f---ed you've exceeded your expectations..
I figured this would be updated with Q2 info by now, but it still just shows the 100,000 shares as of 3/31...
http://www.nasdaq.com/symbol/pgpm/institutional-holdings
Lol, this board has officially jumped the shark. Should be entertaining anyway, at least we'll get something for our money..
Lol, yep. This holiday is really killing the volume..
Messed up joke for a messed up situation..
We now know the pain of the Native Americans, as we too have been raped by Pilgrims.
The popular axiom is "buy the rumor, sell the news"...
IMO, some news is too good to ignore, we'll have our day here, hopefully..
If you haven't seen stocks go red on good news, you haven't been playing the OTC for very long..
Looks like the market wants Raffy back, lol.
Pepeoil, is Samuel Carl Smith banned from doing business in the state of Texas as well? Look forward to your "DD" on him. Thanks in advance.
Not getting the pop I was expecting, but it's only been 15 minutes so I guess some patience is required..
Me too, based on the action after the last few PRs...This one seems to have a little more meat to it, let's see if we can make some gains and hold them..
Management is pleased to announce a resignation, restructure and new appointments as the company moves into the next phase of development and production. Effective immediately the board has accepted the resignation of Rafael A Pinedo as Chairman, President and Director; his leadership and efforts as the active majority shareholder played a critical role in the development and success of the organization restructuring and recruitment of a suitable management team to grow the company. He has agreed to partner lease acquisition and participation agreement with the privately held company London General Management Ltd (formerly Pilgrim Petroleum PLC). The shareholder and board of directors have approved appointing Samuel Carl Smith as Chairman of the Board of Directors and CEO, and Malik Hussain as Vice-President business development and operations.
The team combine more than 50 years of oil industry experience more than 35 years of operational and managerial experience in oil and gas exploration, development, and acquisitions. These appointments represent significance in bringing additional Oil and Gas corporate expertise and oversight of the continuance of the current operations.
Mr Smith has also served on the Boards of various financial institutions. His wealth of experience and knowledge in upstream operations, management, and regulatory compliance will serve a key function in supporting Pilgrim's business.
Management is working with our accountant and legal counsel, to confirm a retirement of shares from ex-employees and consultants, thereafter the process is completed, the repurchase plan of shares will start, based on market conditions, no time set, no minimums or maximus amounts are set at this time.
Memorandum of Understanding (MOU) for the acquisition of approximately 500 acres of Working Interest and Mineral Interest of non-producing properties owning by the operator in the State of Oklahoma located on the Woodford Basin of Oklahoma, as well as the Central Basin Platform and the Northeast Region of the state representing relatively shallow depths. The target acquisition says it will transfer its technical knowledge of the area which has been largely dominated by private exploration and production companies, many of which are backed by leading private equity, a final acquisition agreement will be executed on the next few days. More details on the operational plans will be forthcoming shortly.
Haha, the resemblance is striking..
You post a lot of BS here, but that comment is hard to disagree with. OTCQB is a more tangible goal (although probably equally as crazy in your opinion)..
What's your takeaway from that "article"?
Everything about your statement is completely 100% false.
I'll disregard your 30 days comment since that's been beaten to death here.
How can you say that we are current, with a capital "ARE" to boot?
OTC Markets clearly states we are Pink Limited Information", which is NOT current.
Tried to hit the ask and my order got filled at .00499...Any idea why that happens?
If you try to understand the logic behind half the posts on ihub, you're going to drive yourself insane..
Lol, sound logic.
Wow, stepped away for a few hours while we were in the 004s with no buying pressure, what a pleasant surprise to return to...Did I miss anything interesting?
Haha, I thought you said "red day" and I was wondering what happened to silky..
The Form D stating that a private investor put in $3M...
I'm no expert, but it seems like we're starting to move in the right direction. Company information confirmed today and SS information updated with yesterday's information.
That's the most "current" I've seen this section look..
Still a bit concerned that the SEC filing doesn't show on OTC Markets, but it was on the SEC website, so I guess that's good enough for me.
Almost 100M shares traded today but not one since I put my bid in lol.
Told myself I was done adding, but decided to put another bid in at 0057...We'll see how quickly I regret not sticking to my guns..