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Nice position GM..
You have me beat by 2X
Good Luck!
GO PEII!!!!
That's why PEII is such a nail-biter!
Yet the risk/reward ratio remains amazing!
Let's face it, no body should bet the farm on a development stage oil company.......
GO PEII!!!!!!
Make no mistake.....if S-1 is approved and/or production numbers look good...we're heading into penny land.....
IMHO
GLTA!!
I think the baseline price per barrel of oil you're using for your estimates may be low.....
But I love the thinking here.....well thought out....
It all comes down to 2 main catalysts.....
1. Can Floyd deliver on the production side?
2. Will the S-1 be approved?
This thriller will not go long.....one way or the other, we'll know in the next 30 days whether PEII is a BOOM or BUST...
IMHO....
Thank you!
I agree with your .10-.12 estimate, brya...
I get a similar number and I have called the company in late January to confirm profit percentage per site....that's public info by the way.....
PEII may turn out to be one of the wildest and most profitable investments of my career....
GLTA.....
I concur.....
I finally got sick of it and put this alias on Ignore.....
Contributed absolutely nothing to the board...in the way of DD
Its ok to have honest discord but these aliases are paid to tie up board discussions and keep folks distracted....
I'm up an amour comfortably higher than my basis just by trading this little guy on my own DD.
If you're going to be relentless, at least be entertaining and insightful.....
GEEZ.......
Thank you Sir!
Holding a ridiculous number of sharing and hanging tight for the next positive catalyst---be it production numbers or S1 approval or both.....
Well said........
Me Too!!
Fully loaded!
If I buy any more, the spouse is gonna yell at me..
:)
Price of crude going to $150.00?......
Very possible according to a prominent CME trader. (see article this morning on Yahoo Finance)
This possibility shifts my valuation scenarios for PEII stock in the long term from .15 by December to .30 cents but we should see an nice spike this Summer.....
Once Petron wells go into production, costs of operation are relatively fixed on a per well basis. Therefore, a rise in price of the underlying commodity means a flow right to the bottom line......
Floyd, I'm counting on you to execute your plan!
I'm all in!
Just sitting and waiting for my PEII lotto ticket to hit!
:)
Hilarious, isn't it?
A development stage oil company delays their 10k for 10 business days in order to get it roughly right, and some folks go into a frenzy......
People...we're not dealing with a major energy company here (but that doesn't guaranty anything either... can I say ENRON?)
Someone please, please pass the popcorn!!
I can't handle all this human drama with popcorn!!.....oh yes, let's not forget the slushy.....
LMAO......
Sometimes I crack myself up!
GO PEII!!!
GLTA.....
I look forward to Tesla's return...
He did wonderful DD on our little company....
:)
I concur.....
We will see PEII at .12+, IMHO....
I've been trading a portion of my long position, since 10/2013. I'm up over 80% ....
At this point I have recovered the entire cost basis of my 5 million+ shares....
I may keep PEII as my primary focus FOREVER!!!!!
OMNE brought this stock to my attention thru one of his articles on SA..... (thank you OMNE and God speed!!)
Let's roll the dice , baby!!.....its boom or bust here...either way, its gonna be spectacular!
YIPEEEEEEEEEEE!!!!!!!!!!!!
See you in copper land!
GLTA....
The Good.....The Bad......and The Ugly.....
The Good....PEII has incredible potential for growth and profitability
The Bad.... PEII is a development stage oil company with lots of risk
The Ugly....Dilution.....Dilution.....Dilution.....( in the short term, the S-1 approval will be dilutative)
I'm all in.....
Boom or Bust....
What will it be?
Man, Is this fun or what??
:)
GLTA
Help!!...I'm now addicted to PEII Stock!!
I bought......and I bought, and I bought!
I bought on every single dip!!
Its ridiulous!!
Rolling the dice on this baby!
Weeeeeeeeeeeee!!!!!!
:)
GLTA....
Nope!, welcome aboard the PEII Party Train!
Just be aware, this may be a defining week for PEII.....
What a nail-biter!
I'm loving it!
Me Too!! :)
LOL...So True!
PEII is attracting all kinds of the finest people.......
:)
.45 is a stretch....
But a spike to .10-.15 is not....
After Do'in some DD on multiple development stage oil companies...
PEII is just a fantastic opportunity.
Is it risky?....absolutely!!
But that risk reward ratio is wonderful as well.
Say what you will about the PEII CEO.... He is out there even border-line over communicating the plan...
The other oil companies?....well, not so much.....
Am I betting the farm here?....absolutely NOT!!
Am I looking to make a ton of money here?.....absolutely!!
GLTA......Let's GO! ????
You really think'in dollar land for our little company?
Geez.... I thought I was being a bit overly optimistic think'in .15-.20 cents by mid summer....
I love your positivity!!
Keep it coming!!
GLTA!!
.01 by Wednesday is quite possible.... it will take volume over a billion..
There is NO reason PEII should be trading at the ridiculously low price its at now.....
Its way overdue for a power bounce into the .03-.05 range..
IMHO...
I concur......
I'm looking for a top at .10 to .15 cents....
IMHO
GLTA
WOW!!!!...What's the catalyst here???
Between meetings and I happen to check the share price!!!!
Is there big news?
S-1 approved?
Blowout production numbers?
WHAT??????
I concur....
Just read about a company that has failed to meet all its metrics, by a mile, for that past 5 years....
Then all of a sudden, on rumor, it catapulted from .17 cents to $11.00+ (in an 11 month period)
On rumor......
Point being......
There is NO REASON for PEII to be this low....
Is it a risky investment?...absolutely..... Any development stage company is risky....
Should it be trading at these levels....absolutely NOT....
IMHO....
This is longer term for me as well......
Just put in a limit order for my final 500,000 share buy at .0016.
That brings me to a long position of 6,000,000+ shares
Gonna just sit tight and let'er roll......
This is one of the most exciting investments, I've ever made....
60 days........
60 days is my window to make a mint with PEII or go bust!
Either way.....WHAT A RUSH!!!
And the iHUB board is part of the fun!
Lots of smart posters here...thank for sharing your expertise....
GLTA!!
Hold it together baby....
Just hold....
Give us some conviction volume and just hold it.....
Today, that's all I ask....
:)
Yes, we have a true test today.....
I'll be happy if our gains hold.....I am expecting a bear attack though...
If we hold or go north with conviction volume, that will send a powerful message to all that PEII is going higher.
IMHO...
Don't worry about the shorting.....
Over the past few years, Sirius XM has been the most shorted stock on the planet.....
It made no difference to me....I rode that little guy from .19 cents to $2.80 and cashed out....
At one point there were 400,000,000 shares SIRI short....it sure spooked a lot of weak hands but I just focused on the fundamentals.....
It just made the short squeezes more dramatic....
:)
GLTA....
Greetings omne,
Yes, you have been very consistent in the positive.....
Care to speculate on anything specific that is driving the breakout at this point in time?
Thank you in advance for your insight...
LMAO....Now, Now....
Let's be nice to those not playing with a full deck---- in the PEII family....
:)
PEII is such a nail-biter!!!
Sitting on several million shares and I do not have any nails left!!
in the next 60 days, we will either melt-up to .10+ cents or we will melt down in a spectacular flame-out........
2 catalysts I'm waiting for....
1. S-1 approval ....or not.....
2. Good production numbers .......or not.....
WHAT A RUSH!!!!!!
GO PEII!!!!
GLTA......
Very nice!!
Still waiting on a silly 1,000,000 share order at .0015....
If it doesn't fill....its ok.....
:)
I did buy in late in 2013.....
I have a ridiculously low cost basis.....
By fun I mean, unpredictable yet very high potential ........
I hope nobody bets the farm on a PEII......that would be plain foolish.....
We're in a dramatic BOOM or dramatic BUST situation here with PEII......
The next 60 days will tell the story....
In the meantime....
Place your bets and role the dice....
LOL...
GLTA
Hi Gail...Welcome to the PEII family
Its an exciting little stock with lots of risk and lots of potential....but lots of fun to watch....
The March towards $3.00 share price continues!
Then its on to $6.00 by summer's end....
IMHO....
MY order at .0018 filled this morning!!!!!
YIPPY!!!!!!!!!!!!
:)
Good Morning to You.....
Snow day here in Virginia.....
More time to see if my PEII buy order gets filled!!!
:)
I have an order in at .0018....
Let's see what happens....
Lov'in all the weekend activity on this board.....
Is this a signal for a big move..... up?? down??
Its anybody's guess.....
Place your bets and roll the dice.....
WHAT A RUSH!!!!!
I may just round out at 7,000,000 shares........for good measure.....
GLTA......
WOW...Lots of new members ...PRO and CON...
Welcome all to the PEII family.....
It feels like thanksgiving dinner at my house.......LOL
Over the next few weeks, PEII will go one way or there other....
Pick a side and roll-the-dice.....
:)
I've picked my side.....and voted by going long-- on several million shares.....
Let's see what happens.....
Either way, we won't be waiting long.....
:)
GLTA
Fantastic Post, Thank you!
I've gone through similar scenarios.... I'm now sitting on a few million share and seriously contemplating a few million more.... ( but my window may be short)
I'm in no way shape or form denying the risk here.....as I've been saying from the beginning ....PEII is my favorite LOTTO ticket right now....
But WOW......
If this PEII hits like my GSAT...... I will be FAR beyond giddy.......
Am I betting the farm?.....nope....but PEII could enable me to buy a nice horse farm thats for sale a few miles form here....... LMAO......sometimes, I crack myself up.....
GO PEII!!!
:)
GLTA