Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

Dabbling at that price is a great idea if it possibly comes down to that - not clear to me how in the world that happened the other day, there must have been a seller or two and not enough bids to pick up the slack which can happen with penny stocks from time to time. With around 9 - 10 million in the bank and no debt, they should be able to do something. Fully diluted shares would eventually be around 390 (268 + 120 + few other misc shares) mill which would be a 20 mill company at a nickel. Just some numbers to consider.

The key as I mentioned (and which is their stated mission) is for them to do a deal - if they can do it, then this is a slam dunk in my opinion.