PBLS share price testing my patience
I havent posted much in the past on this stock, but this declining share price is beginning to test my patience. I have an oil & gas and refining background. Earlier this year i bought this stock as an investment, 3 million shares worth, after management stated they wanted to be an oil and gas company. Is this company going to ever become agressive and drill ?? Over the last year, I have watched another stock, PDP, go from $7 to $19 b/c they have continued to drill for and strike oil. It is my thot that PBLS has a chance make alot of $$$ in the near future if they can find several decent size fields. I deal alot with crude traders, all have same consensus, crude oil and refining margins will significantly decrease beginning 2008. Not bashing this stock, just looking for some honest answers from the board.