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Well FLOTILLAINMANILA , wrong and wrong. I am pointing out some things that may be appreciated by some but apparently not by you. I have had position in this stock, off and on. Now OFF, not looking to get back ON but still curious if my instincts on this stock is correct. BTW, I made thousands on this stock and hope others see it for what it is and did the same. The window for doing that, as I see it is closing though, too much downside risk now. Best of luck!
Hide3622, I'm not trying to crush any ones heart, desires, etc. I've been trying to warn people back when it was still at .0024 to cash in THEN and MAYBE make money at lower levels (if they still think they want to play this stock). I'm trying to help you make money, but others here are trying to suck every last dollar out of your wallet! Remember, buy in LOW and SELL HIGH, that makes you money folks! I never laugh at another persons misfortunes, KARMA always gets you back for that. Good luck to all!
250M shares, Gave Floyd another $50K to keep the doors open for a week. 13+B shares left to sell. I'm thinking sooner or later the dilution will start to have a NEGATIVE effect on share price folks. Makes it harder to get to those PENNY PLUS prices all the investors here want to see. Just saying... not that you probably want to hear.
Wilma, I see a business with great potential, using some fuzzy press releases instead of cold, hard facts. It doesn't instill much confidence in management. If they have a REAL deal, then they need to say so, in plain terms. Their nebulous PR does nothing but confuse and frustrate investors. It's time for UBRG management to grow up, get better margins and produce results!
It amazes me that this company isn't doing better. It needs to come out with an improved margins, NET PROFIT in next 10Q. If it does, this stock should fly. If not, I am afraid it will continue to languish in the .002-.0035 range. I think these mid-.002's are a good buy in range with these low volumes and lower risk.
It's kinda like watching a car crash, you don't want to look but find it hard to look away. I get it, you think I'm saying negative things because I want to push the price lower to buy back in... good strategy, IF I thought I could make money in it after, darn right I would. Unfortunately, don't think this stock is worth the risk anymore and am trying to help keep people from loosing the rest of there money, so they can invest in Petron Energy III!
I feel sad for those still holding this stock, hoping that it will fly. Read an old business projection for the original Petron Energy (before Petron Energy II) same lofty predictions and charts by Floyd with projected oil sale in the millions by 2012. Oil sales were to be in the hundreds of thousands after just 8 wells on line... sound familiar. Flash forward to 2014 and still a dribble coming out of the oil well faucet. Do you need to get hit with a brick to see what's going on here. The past repeats itself! Coming soon... Petron Energy III, hurry, buy shares now!
I hate it when people get on the Hub and bash or promote a stock with little or no real information, acting like they have the "inside track". Most anyone can do is DD and put your best foot forward. Sometimes you get your toes stepped on and sometimes you step on toes. Just keep moving forward... and hope the stock you pick has legs and doesn't fall flat on its face...lol! I think this one has legs at least.
It's not like this company isn't sticking around and turning into a Marijuana stock next week, The margins have to improve though. If they can get a decent quarterly profit out in the next 10Q, that would be a major game changer(at least short term) for this stock. I like that it has 15-18 employees instead of 2 or 3. Those with 2-3 are almost always a scam.
UBRG may be a scam, frankly, not sure but if you are looking to marry a stock, maybe this isn't it. Money can be made here both short and long term though. The fundamentals and charts indicate a stock that may be poised to breakout to the upside soon. May take a 10Q with profit or an 8K with meat to it (rather than hype); I just have a feeling something good is coming soon. Hope the feeling isn't just gas...lol
Omneruse I tried to point that out to people here earlier today and get called a "newbie", lol, yeah, not. A ten fold devaluation in the face value of a stock should be a BIG RED flag to anyone, unless of course if your someone pumping the stock. It would be laughable if people were not loosing money.
Hang on there ChaChingBling this stock will be back at .0016 or lower soon enough. I don't think I would load too much though. The risk factors on this stock is rizing, even as the price falls. Good luck though, at least you are playing this stock the only way you will make money. I love the misguided optimism here. It's sooooo predictable.
So now PEII stock has a par value of .0001 vs .001 per share, yep, great news, NOT.
That's fine, In 2 weeks you will all be wishing you did the same. Then we will SEE who was right! If it walks like a duck, quacks like a duck and sounds like a duck, it's a DUCK! This stock is going down, if you want to hang on to the railing of the Titanic, that's your problem. Good luck!
Exactly, I invested in this stock because it does SEEM to have a good formula but at some point you have to "show me the money", or I'll take my investment and put it where I can make money, not loose it.
There is NO logical reason for this stock to advance from here (share price wise)until Floyd delivers! There has been nothing but delays, to keep the price high on the stock on false hopes. Just so he can keep diluting and selling more shares to keep afloat. I'm dumping this stock.
They can sell a billion dollars in contracts, if they can't improve their MARGINS then who cares. They need to show they know how to make a PROFIT. Kinda disappointing. I hope they show a profit more than a couple thousand dollars in next 10Q.
This stock sells millions of dollars of product, has terrible margins and apparently has difficulty realizing how to make a profit. It's time for them to show shareholders that they ARE making money and a PROFIT! Their press releases need FACTS to back them up and quit being nebulous. Just saying...
After looking over the SEC filings on UBRG, it appears that this stock is grossly undervalued, IF the numbers are all correct. This stock looks like a very possible big winner. I might just buy this.
This stock seems like it may have legs...
If PEII had something to run with, that would be nice.
The transparency is there so you can't file a "suit" later when the BK happens. "Well, we told everyone...".
Some still haven't got it, PEII is not going to deliver, not yet and maybe never.
You might want to READ Mr. Rollups earlier post people. I did. Maybe you should too!
Lask, nice optimism, .0025 a new bottom, yeah, I think not.
PEII will go to .0015 again soon, AGAIN, then buy! Not now. How hard is this to figure?
So Mr Rollup, THE S1 IS GOING TO BE REJECTED, YET AGAIN, because the SEC will want up to date 10K figures in it. Refile and delay!
By now there is over 2B shares outstanding by my calculations.
Phat, I agree there is potential with this stock but I want to see results before I throw another dime at it. It's highly speculative. Too many, "what if's" in the mix for me right now. Hope you all make money with it though.
OK Lask, now when Q1, 2014 numbers are out and they aren't at least double the Q1, 2013 numbers then this stock is bleeding out money, they are spending far more than earning.
Phatlander, I've made thousands off playing this little stock. I am NO newbie. I'm out and staying out. I wish you all luck but think you are playing this stock wrong and will likely loose money in the end. People are reading into press releases things that aren't there. Best of luck!
Well Cakes, I hope for all of your sakes you are right. I've called the company and their own PR guy never picks up or returns calls. The only person there that gives any information out is the receptionist and that's to call the PR guy. I've made plenty of money off this stock. I'm not late for anything. I however, was smart enough to NOT ride it down.
On January 15,2014 PEII said "Our WEEKLY production since the beginning of December has increased from 23BO to 71BO as we continue to increase the pressure within the reservoir we ANTICIPATE further increases" That's WEEKLY, about 10 BO daily.
Yeah PHAT, I read that, lets see, Nov 7, 2013, Last 10Q, 3 months later is Feb 7th, give or take a day or 2. They are coming out "on time" on March 31st. maybe I can't do math but thats not at a three month interval, thats what QUARTERLY means.
So, 5 wells pumping a total of 10BO/D X $100/BBL X 365 days/year= $365,000 per year, and they plugged 7 wells- so those produce nothing. It likely cost almost that to work over the 5 wells.
Last 10Q was put out Nov. 7th, 2013, Where is the latest? Should have come out already.
Perhaps .002 is the new top
True enough, here is another quote from the same document," 701,162,036 shares of common stock as of January 27, 2014" that was in the S1/A filed on 3/3/14 and the very next day an 8K was filed increasing the total common shares issued to 15 billion common shares. I wonder how the SEC will look at this difference. Furthermore, If someone bought ALL 15 billion shares they still would have NO say in the company because Fred's "PREFERRED" shares carry 51% of the vote no matter what. Plaese, buy more shares.
Quote from PEII latest S1/A "The common stock offered hereby involves a high degree of risk and should not be purchased by investors who cannot afford the loss of their entire investment."
Too much hangs on the S1 approval, it will make or break this stock.