On the hunt for exciting penny stocks!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I concur....
Sooner......
Much, much, sooner....
:)
IMHO
Nice Post Russ......
After all the dilution devastation, no production, delays, and, of course, all the human drama......
I'm not selling a share......
But.....in order for this little LOTTO ticket to gain any legitimacy with investors, it has to produce something...... Volume DOES NOT matter, just start producing oil.....
If Floyd Smith gets on the radio today and its just another "I love it, I love it" fest with no concrete results......the stock will tank......
The USA is now the no. 1 producer of oil in the world.......Did we invest in the only development stage oil/gas company that can't execute and produce???????
I'm gonna stick around and see how this plays out......At least now my broker is giving my PEIID holdings a value......LMAO.......Back from ZERO, BABY!......
ALL IMHO......
GO PEIID
GLTA.....
I agree with you brya,
with a little luck, we may just come out ok on this one.....
IMHO.....
The other pick you mentioned is in a lot tougher situation....
GO PEII!!
GLTA....
Oh My Goodness, I'm that one too....Another soap opera.....
But here, we just might see something happen.....
At this point, its just a spectacle.....
GLTA....
GO PEII?........LOL
LMAO.....
Gosh, the human drama on this board is awesome!!
PEII is a Mega-millions lotto ticket to me....nothing more, nothing less......
I invested in PEII as a role-of-the-dice....THAT's IT!!
This past week I thought PEII was toast!...NO BID situation.... I was getting ready to move on....
Then all of a sudden, A BID!!....and 500 million shares trade.....
Now Floyd coming on radio.....rumors of TX coming on line....
This little development stage gamble I have taken may just turn into something after all!
S-1......R/S......Dilution.......oh please......WHO CARES! ......I knew what I was getting into with a sub-penny stock.....
PEII is a development stage oil and gas company hanging on for dear life..... BUT its not dead yet....(to my surprise)
I do expect a 500:1 R/S at some point....plus some descent production PRs....that should support the new price....thus giving PEII access to an exchange platform and the S-1 funding.... If we get a R/S without any kind of solid PRs, we will get pummeled into oblivion.....
I'm gonna suck it up....enjoy the drama on the various boards and see what comes of PEII....
One thing for sure.....I'm not selling.....
ALL IMHO.....
GO PEII!!
GLTA......
I-M-H-O....... :)
1. We may here about TX RRC in the next few days....
2. Hold on to your seats because we may get a R/S which should put us back on the exchange, thus giving our little company access to S-1 related funding again....
3. PEII may be at least cash-flow positive by calendar-year-end....
AGAIN....
ALL IMHO.....
GO PEII!!!
GLTA.....
LOL.... I know, right?
Hope you're feel'in better these days omne....
God Speed and good Luck....
We're gonna need a little luck with PEII....
And call me crazy but, I do believe ALL IS NOT LOST here.....
We may just make out ok....Even with an R/S looming....
Now, I'm curious as all get-out as to just how much oil can come out of the leases that PEII holds...AND THAT DARN PIPELINE!!!......based on other pipeline transport investments I hold, the transport industry is firming prices for 18 months+.......all good indicators if you're a pipeline transport company....
Dilution, R/S, S-1, CPUS, TCP, OCTOPUS,.......WHATEVER THE HECK ELSE......LMAO.....
Just show me some descent oil production and I'm good.....
ALL IMHO.....
GO PEII!!......can't say that with a straight face now.......LOL
GLTA.....
I'm going to keep the right perspective for me...
Hard assets in a turbulent world.....that's what I'm going to focus on.....
Floyd is doing whatever he has to do to keep the business afloat. I have to respect that...
I DO NOT believe there is a grand plan to stiff investors. Frankly, the trouble that he's going through to keep things moving forward tells me that he's really not focused on stiffing me or any other investor.....
Floyd is working harder than Bernie Madoff, and he ain't getting no $$billions from his motley crew of investors....... LMAO....
If we are speculators and traders....we placed a bet and (in the short term) we lost......MOVE ON.....
If we are investors, let's see how this situation plays out....or cut our losses and MOVE ON.....
I'm staying put....I never bet the farm, anyways....
There is something here and I'm going to find out how it turns out.....BOOM OR BUST.....that's beyond the point, at this point.....LOL
GO PEII......LOL
GLTA.....
Would I buy 50 Million shares at .0001??
If I get the opportunity to execute that transaction......I will.....
WHY???
1. As I type this post, IRAQ is disappearing into history......The SUNNIs and SHIITES have been fighting each other for centuries....they will breakup the country......INSTANTLY-- 15 million barrels of daily production is now VERY UNSTABLE.....
2. A barrel of oil may hit $140.00 sooner than later
3. Russia is not reliable
4. Venezuela has collapsed, they just don't know it yet...
5. A gallon of gas here in the mid Atlantic may hit $4.75 this summer....
YES, its yet another hail Mary play but....being the eternal optimist....
IF and thats a BIG if.....PEII can bring strong production numbers....WE can survive and thrive after a 100:1 R/S
I'm all in...and NOT SELLING....period.....
ALL IMHO.....
GO PEII......LOL
GLTA....
Not much better over here, Feed...
LOL...
Fortunately, I always invest in pairs so the counter investment to PEII is up 300%....
Otherwise, I'd be licking my wounds right now.....
BUT...I will remain all in .......
I still think that with $3,000,000 in hard assets and an-as-yet-unknown quantity of oil and gas on the ground, PEII will be able to turn things around and make us some very serious money.....
GO PEII!!.....LOL....
GLTA.....
I concur.....
Its all about oil flow at this point......
I understand and appreciate what you're saying but understand other members' perspectives....
There was an iHUB poster that stated point-blank.....
"I went to visit Floyd Smith, he told me that the OS count will be at 5 Billion by the end of the year"
Well, its June and the OS is way past 5 billion....
Another iHUB poster stated "the company said oil for will show blow-out numbers"----not!!...not yet, anyway.....
Its like if you add up all the people that said they were on the last plane out of Vietnam when the war ended, you would need a plane the size of the Super Dome.
A lot of people on these boards talk a lot of nonsense...... I'm not say that you are untruthful --you have no choice but to hear whatever spin they tell you----but put the board's reaction to your comments in the proper context... Since I joined this board.....A lot of folks, including the Almighty, have "called the company to get the scoop or they have talked to the Mythical creature called Rick, the IR contractor"
I'm convinced Rick is really BaBaBoey from the Howard Stern Show....
I remain Long, Strong PEII and optimistic that this little development stage company will turn a profit....and make us some money....
GO PEII!!....Even saying this now seems funny........LOL
GLTA.....
You may be right......
Worst case, I'll order the stock certificates and wallpaper my basement with them.....
LOL
GO PEII.....
GLTA....
That's me as a PEII Investor!!!!
What a wild ride!!
LMAO......
You gotta have a sense of humor when it comes to these development stage investments....
When they BOOM.....its a thing of beauty.....
When they BUST.....Its Slim Pickens time....
:)
Being an eternal optimist.....I'm still hopeful that I'll make some money with PEII...... Even though, I can't type it with a straight face....LOL
GO PEII
GLTA....
I'm in the cart right behind you on this roller coaster.....
BOOM or BUST baby.........
Either way, we'll know very soon.....
IMHO.....
Frankly, I had never heard of Sierra until the posting came out...
I have no idea on their track record.
But I'm sure of one thing....there is something going on we're not Prevy to yet...
Late in the day on Friday there was still buying going on...
I just can't figure out which way this things gonna go but one way or the other, we'll know in the next few weeks.....Boom or bust....
All IMHO....
Below is the note ....I think it came out in May 2014
Fortune 500 ConocoPhillips (COP) To Purchase Petron Energy II (PEII) Within The Next 90 Days Predicts Sierra World Equity Review
Latest Projections: Fortune 500 ConocoPhillips (COP) To Purchase Petron Energy II (PEII) Within The Next 90 Days Predicts Sierra World Equity Review. Remember when this happens, Sierra called it first!
No Tod, I didn't mean you....
:)
I meant sierra and some other dude....
Sorry for any confusion....
GO PEII!!
GLTA....
The Plot Thickens!!....
the S-1 reversal, Floyd coming on and off the radio show....a rumored Reverse Split..... 2 live-wires out there alluding to a purchase by Conoco-Phillips.....the acquisition of a new lease, negotiating to by additional pipeline assets....
HARD assets in play, oil at $100.00 per barrel......
GEEZ!!!!!
Did Floyd inadvertently make the SEC a co-conspirator in ripping off the investor community?
I'm not going there yet......BUT....
I've learned that after ENRON, WORLDCOM, Madoff, and the great financial collapse of 2008 (which triggered the great recession)--terrible cons can happen right under the noses of the regulators.....
For now, I will give Floyd the benefit of the doubt.....this S-1 reversal is so, so odd...... The collapse in the share price should have been foreseen by Floyd.......
Thank goodness NONE of us here bet the farm.....RIGHT??
So, lets see how this situation unfolds...... SOMETHING's GOTTA GIVE!!.......AND SOON!!
Just crazy!!......
ALL IMHO......
In the meantime......I'm not selling a single share.....gonna see this thru....
Remember the movie Dr. StrangeLove when actor T. Boone Pickens Rides the H-Bomb all the way down?.......That's me!!........ GO PEII!!!!
LMAO....
GLTA!!
A BIG WAG HERE.......but.....
Is there any possibility at all that the S-1 was suspended because PEII is in buyout talks with another entity??
Just wondering out loud.......But I guess anything is possible and it happens all the time that a large established firm will enter into strategic agreements with smaller start-ups in order to provide funding .....a lifeline--sort-a-speak.....
Floyd does control control hard, valuable assets.....
Something is going on here that none of us a aware of......
Just sheer speculation here.....IMHO....
GO PEII!!
GLTA
Very likely a Russell play....
IMHO
I'm gonna wait to see how this end....
If it goes to ZERO, so be it.....
Don't mean to be nonchalant about losing money, that's not why I'm an investor but I knew on day ONE that PEII was a hail-Mary play....
Believe me, I'm still very hopeful that PEII will reward me in a big way.....
I think Floyd has much more to worry about than me right now..... He's struggling to save his company and what's left of his integrity with us. So many times he has stated that his focus was increasing shareholder value....let's see what the man does....lord knows, he put himself in this mess ---not us......
Worst case I'll order the stock certs and wall paper my basement...
Lol.....
Me too!!
Floyd could be on the verge of losing it all!
A BIG BUST!!!!!
Let's see what happens......
This is life in sub-pennyland..... Gotta love it!
I'm still hopeful for a resolution that will make me some money....
I'm glad my counter investment is now 10 bagger.....
It will help if I take a total loss here....
BONZAI!!!!!!!!!!
GO PEII!!
GLTA
I concur....
Wait til the share price hits $5.00
:)
I'm really intrigued by our pipeline assets....
In the past 18 months, All gas/oil pipeline transit companies are enjoying the ability to increase pricing while the costs remain relatively fixed or trending down. This seems to be a trend across the industry...
I'm not going to write-off Floyd Smith just yet......I'm going to give him time to execute.... he has BIG plans....
He has stated several times that he wants to take us to the American Exchange (now called NYSE MKT)...
Floyd, let's see what you can do.....
I'm waiting....... :)
BOOM OR BUST.......I'm sticking around to see which one its gonna be...
ALL IMHO....
GO PEII!!
GLTA......
I concur....
Floyd Smith was on the grassy knoll?...so silly!
Next thing you know.....someone will swear that they saw Floyd Smith on the grassy knoll......
For goodness sake, the human drama on the board is getting down right silly!
Someone please pass the popcorn and slurp!!
:)
There are hard assets on the PEII balance sheet, the SEC did approve the S1, the underlying commodity (OIL/GAS) becomes more valuable everyday, loan proceeds are being applied to get the production going.....
I'm keeping an open mind here and will give Floyd time to execute the business plan....
IMHO.....
GO PEII!!
GLTA
This is exactly my thought as well.....
With a little luck, we get a nice pop this coming week....
IMHO....
I love it....I love it.....
:)
GO PEII!!
Phat, a nicely written post.....
Thank you..
GO PEII!!
ME TOO!!!!!
We'll get to .033 sooner than anyone thinks.....
Once production starts and we start seeing revenue from pipeline transport... the PPS will turn around faster than a JUMPIN JACK FLASH....
Because of my ridiculous success with a couple of other stocks that have turned into 8 and 10 baggers from me, I can sit back and I will give Floyd Smith up to 18 months to make me some money....
But I will not have to wait that long to see PEII go BOOM!!...or BUST!!....the next 90 days will be say it all......
Besides, my broker already values my PEII holdings at ZERO....... LOL.... So I have nothing to fret over...
:)
ALL IMHO...
GO PEII!!
GLTA...
I understand your point, I'm prepared for a BUST as well as a BOOM!
Hoping for a boom though.....
My other speculative investment is already a 10 bagger so, I have more than made up my PEII investment....
Its funny but my broker's mobile app already values PEII at ZERO.....
So when I check my portfolio during the day its giving PEII a value of ZERO....
Can't go anywhere but up, from zero........
:)
I'm gonna sit and wait.....I believe PEII will come through and at the very least provide me a nice exit point, that's if it doesn't become the monster stock that I hope it becomes....
All IMHO.....
GO PEII
GLTA....
PEII will be a Production and Profitability Story....Period...
Purchase of the new lease and expanding the pipeline assets are THE KEY indicators to me that Floyd is doggedly focused on exploiting company asset to achieve strong revenue and profitability......
We are so, so, close......
Once we get production numbers coming in and we get visibility on positive cash-flow and profitability......all this dilution silliness will pass and the share price will recover nicely....
IT ALL COMES DOWN TO GETTING THAT BLACK GOLD OUT OF THE GROUND.....
Once oil production starts.....DILUTION SILLINESS MEANS NOTHING TO ME!!!!!!......there....I said it!!!!
LMAO.....
Floyd will execute against the business plan.....and all indications I see tell me that he is doing just that.....
I'm riding PEII all the way to the NYSE MKT...... $2.00+.......
ALL IMHO.....
GO PEII!!
GLTA....
An 8 bagger from here.....$30.00+......Within 12 months....?
A $30.00 stock selling for $4.21........
Can we say NO BRAINER?
So obvious.....
Jay Monroe is taking out little company onto the GLOBAL stage.....
Put your seat belts on tight folks....the next 12 months will be just crazy.....
ALL IMHO.....
GO GSAT!!
GLTA....
The Russell indices it is!
:)
$130 oil by 2015?
If Floyd is successful executing the business plan, this stock will be a monster play....
So Obvious......
Staying long FOREVER!!!!!!!!
Well, until .03-.05 cents, anyways.....
Again, if Floyd can execute (he has the financial where-with-all, thanks to his friendly shareholders).....PEII may wind up being a MONSTER stock.....
I want to ride this one to the NYSE MKT.....
Just like I did with GSAT.....
ALL IMHO....
GO PEII!!
GLTA.....
Floyd on Money for Lunch on Monday at 1:00pm...?
It will be very interesting to hear the status of Texas lease and if he announces any other acquisitions....
Of particular interest to me is pipeline assets on the buy list....
I've stopped buying for now.....just gonna sit back and see how Floyd executed the business plan...
And of course, what the human drama on the ihub boards..... :)
GO PEII!!
GLTA.....
ME TOO!!
:)
I concur....