Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

Well, I couldnt help myself, I backed up the truck today and was ironically only 15% of the buying. Someone undercut my bid at one point and 272K shares crossed the wire near a penny, I think the market makers are doing something here.

Someone or some people just wanted out today, that's all I can conclude, and had a ton of shares to unload, obviously all selling at these levels are losses, probably significant ones since there hasn't been any significant buying ever near the lows in history of the company.

Per a previous post of mine:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=127462600

The cash value of the company is at least double the prices at the bottom today (per Sept 2016 10-Q, and unless there are any surprises since then which we don't know but hopefully they have been conservative in their spending), and if those Mexico wells are happening (we don't have any evidence right now of anything), and just shear interest for their cash posn, and that they are effectively not paying any salaries, and there is no dilution (except counting the fully diluted shares which I have accounted for in the calculation in the link above), we should be ok to rise from here.

But who really knows.