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Hello Everyone
At some point my daughter had bought symbol VRNGW for 25 000 shares. She recently noticed that her VRNGW on scottrade has listed as VRNG# 25 000 shares value: $0.00
Did this stock recently split and just waiting transfer agent to send new share amount to Scottrade? I noticed that this symbol is now trading under VRNG
I was not able to find any info on this at least right away. I know VRNGW is now cancelled symbol but did it change to VRNG, had reverse split and just waiting brokerage places to get new shares amounts in?
Thank you for your time.
Anyone has any info when bid & ask will show up to MDNT again?
Anyone has any info when bid & ask will show up to AEGY again?
15:1 Stock Split October 1st to finance marijuana ventures further. That is why huge dumping last 10 days. Good time to get rid of while some money can be saved, got rid of 4 million shares last 5 days. Good luck with pot stocks.
UP already 18.75% in 15 minutes! Please see my previous posting and/or below for head and shoulders with this:
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PMCM PR Alert. PMCM PR announced today with expansion to Michigan. Traders please see "head & shoulders" technical trading, looks like we are heading to head and best part of summer. Pot stocks additionally will go up always when schools start. PMCM also kept very well at support line which rarely happens with pot stocks. Technical grade forecast yesterday after market closed: B (85%) before news, with expansion pr will upgrade to strong buy today. All market signals combined, giving go ahead to buy and increased value. All postings are my sole opinions, always do your own research and investing.
PMCM PR Alert. PMCM PR announced today with expansion to Michigan. Traders please see "head & shoulders" technical trading, looks like we are heading to head and best part of summer. Pot stocks additionally will go up always when schools start. PMCM also kept very well at support line which rarely happens with pot stocks. Technical grade forecast yesterday after market closed: B (85%) before news, with expansion pr will upgrade to strong buy today. All market signals combined, giving go ahead to buy and increased value. All postings are my sole opinions, always do your own research and investing.
Anyone has any thoughts on pr vs. recent pot halts? After trading this for a long time, I was surprised, also a bit upset that PMCM did not announce anything at all about WA state developments in pot ventures. Naturally for obvious reasons that there should not be yet too much to pr but still in general to update how constructions etc are going and if in schedule. After digging deeper, appears as PMCM last year has been very cautious regarding PR in general, only stating limited info. Many pot stocks been halted and almost as taken under microscope. Also it is like this has increased more in OTC market and others. Even Nasdaq is recently, perhaps just seems so, but experiencing this.
Last week NEWL even got this, while otherwise unrelated sector and just as one of many samples in general from Nasdaq, below link:
http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=69056409&topic=NEWL&symbology=null&cp=off&webmasterId=89753
Does anyone regularly trading PMCM has any take on that? Just trying to figure out why quiet otherwise, than just being cautious with announcing too much, get pr related artificial jumps and rolling under halt radar perhaps?
Below link to check at least once or twice every day for recent trade halts in pink sheets with active trading if anyone needs:
http://www.otcbb.com/dynamic/marketwatch/tradehalthistory.stm
Average trader, short or long terms has 50% at least liquid at all times. Noone I know ever never goes all in, especially in pink sheets. I have not done that ever in Nasdaq or NYSE even. That is disaster waiting to happen. Most budget money per each day what to spend on day trades and have that rolling each week, next week then you have more, next week after that more gains etc. Always do research and investing your own, my opinion only. Always trade on paper first and only put money in after you have won 2 weeks or more in a row. In my opinion before that, you are not ready and risking your hard earned money for gambling.
Often I have noticed most seem to concentrate to these few bonus jumps. In my opinion, that is what they are: Bonuses for active traders. If one familiarize day trading opportunity of PMCM, with easy calculation daily small gains adds up several times over some few highs each year. For that reason, I am activly trading this and any below support price even just to me is happy times as well: I got stock cheap. Most people I know trading this stock daily or almost daily, weekly the least, holds several price holdings. This way once in a while, when one messes up...and that will happen also, not a biggy, you have reserves from to cover that etc. Like another day trader of this stock said perfectly: PMCM is like Walmart store, no matter what they say or do, people will always still come in and out.
Even in slow days still has 1M shares traded daily what some pink sheets can only dream of. Any few jumps annually are just bonuses and extra, most money comes with simple calculations by taking small gains each and every day if possible. The only thing can happen to screw this is OTC Halts that can happen. That is why is good to sign up for OTC halt list. Even NEWL this week got holted by Nasdaq due to 100% gain, to me PMCM management holds PR limited to avoid any new many hassles that can easily result to halts by OTC and they love to do especially to pot stocks. My opinion only, always do your own research and investing.
Current resistance point is still the same: .0032 to .0035 On that mark one has to look closely where goes. If breaks above...then ride it out where it goes. If moves down as it did during last jump, immediately sell. If you look at this stock, all "bonus annual jumps" moves up quickly and comes down quickly. When that turn happens all day traders sell super fast. F.ex. in last jump after PMCM reached .0033 next sale went to .0032 then .0031...most ran to sell no later than .0028 for that reason. Once this stock historically takes turn down, it comes down. I am not sure about any .10 or .010 since no technical indicators shows such. That might be someone putting dreams out there, but that is possible if PMCM breaks resistance point. Just look closely every second when ever hits MA resistance mark, as of this second that in early .0030's, everything after that is gambling and who knows. My opinion solely and always do your own research and investing. Below site to help you with technical data and MA's.
http://stockcharts.com/h-sc/ui?s=pmcm
PMCM opinion after many trades completed: Someone contacted me privately and asked what to do when they missed exit point in last jump. Below just one opinion, my own opinion only, I am not anyones adviser and always you do your own research and trading:
If you missed exit mark in last jump, big deal in my opinion. Day trade it back. I mean it is not like someone has to clime Radio Shack stock or many other good examples that are nearly impossible. This is a matter of few points even for anyone in worst scenario. This stock moves between a couple of points daily, mostly between bollinger points so one does not even have to know too much about trading at all. Take first off Bollinger price, sell it at +one to +two points and within few days you are back with your money back.
Another thing for someone in that situation is to consider is to even your stock price during "off bonus" times as I call them. This stock is in my opinion idiot proof easy for day trading ( just look at daily charts dating back over a year), a few times a year top of it gives additionally super bonus with high jumps....off jump times as right now...buy more and combine with your previous entry price to get more attractive price for yourself. Just even price out when price is lower.
I believe pot stocks will be strong in future. Even if just plain holding it, would not necessarily be bad but with severe loss waiting game can play with anyones head. August has been before strong time for pot stocks when schools start, that is only around corner. Those two seems to go hand and hand. PMCM is developing within months for something I am personally expecting added one more "bonus jump" to each year starting towards end of this summer to end of this year. PMCM in my opinion is not over and nothing indicates that, there will be highs and lows, this is still even right now holding fine at support line so nothing to worry as of this very second necessarily.
Most often people just accept loss, roll it to another stock, mayby get lucky here and there, but in a long run loose everything by doing that. What you might want to consider, my opinion solely, to either day trade it back, , even price for yourself out and consider taking loss only if you only do not see other way out. I do not see anyone not able to day trade something that moves this way in most days but each of its own and my sole opinion only, always do your own trading and research.
Pot stocks always typically goes up when schools start for a few days, sometimes even a couple of weeks. Those who have been trading longer knows most pot stocks seems go up together when school people starts returning. Please remember that collage kids especially are a big penny land audience in general. Ok time to accumulate PMCM weekly and until then easy 5% daily trade. I believe most got 80% to 100% gain from PMCM this years summer jump which was great this year again, not as great as last year but definitely was good average $5000 profit summer money. Since PMCM pot venture did not start until April, with 6 month estimate to complete, nothing was suppose to be happening yet in July 8th for them. Once any penny land co. says 6 months, then safe to add couple of more months at least to that, since always optimistic statements to ensure co. looks attractive, but then you still have license issues that can take time, state inspections and state works slow on those. But now when prices are low great to get some for August jump around corner ( remember resistance point to know sell level ), September December area for PMCM pot development news etc. Always do your own trading and above opinion only.
Yes, have been trading PMCM weekly successfully for over a year. Guys like you make it so easy. You see there is difference in Day Dreaming and Day Trading.
If that pot venture will not work out, dont forget you still have that Kamp Hustle! It is just a matter of time when those two dude's poster is on wall of every teenage girl :) When you have stock that is valued severely less than, every single item in local dollar store, it is reasonable not to expect too much. After resistance point, it is 50/50 Just because it is stock, that does not mean it is worth more than any other market item. Market value less than fraction of items stocked in local dollar store, it is amazing that someone people still put their life savings on that.
according to his order of importance to share holders, he is still in mourning of Casey Kasem. It seemed to be top priority news entire summer to all share holders. CEO who will definitely go to history on that stunt. Major development in this particular sector and location, nothing comes to CEO's mind to update share holders regarding all promises made in March-April, just that he mourns Casey Kasem on June 20th?
CEO must be still mourning Casey Kasem since has not bothered to respect enough share holders with any level of news. How is that Facility construction going? On schedule, running behind? Are you in general alive still? How is license process coming along? Anything at all basically. I picture this fellow sitting still today July 8th, middle of his office floor with picture of Casey Casem from June with nicely burning candle, tears still coming from eyes. Time to move on, unfortunate with Mr. Casem but it is July 8th already and time to move on with the business.
Sell or Hold? It is all speculation at this point what to expect forward. Doubled my money today at sell in .0030's, left still for reserve for any non technical jump and/or future "what if". Today we learned Suzie Q or any other primco related name, at least immediately, does not show up in any approved license list. Yet, did you also notice how 24 licenses were supposed to be given out, but list has 25 names. Change in plans? Either way, the following statement from Primco site made me stay and keep reserves without selling tomorrow. God help me if I am wrong, but if I am wrong, then so be it. It is full blown gambling in my opinion right now, but then again, I doubled money today so lets "go to Vegas" with rest of stocks on this then. The following statement from Primco can move this to any direction until solid news from Primco is received on this:
Copied from Primco Website:
"Primco Management Inc. plans are to acquire properties, which it will lease to licensed retailers and manufacturers of medical marijuana"....."Primco will not engage in the cultivation or sale of medical cannabis or any of its byproducts".
Does it supply then approved retailers? Are retailers able to buy from Primco? ... at this point anything can happen, so I decided keep reserves for now. Always make your own investing decisions based on your own research and investing strategies and above is my sole opinion and for sure, at this point 100% speculation only.
No license received or any permit according to public records today Monday, on WA state web site. Stock itself gave clear roof / resistance level this Holiday weekend, after Thursday trading at: .0032 to .0035 to Monday sell price. That is why most experienced traders left today. It is amazing that some are still end of trading day writing in full confidence without any back up to their claims how basically CEO is already discussing with them almost insider information...and to a total stranger just over the phone :) and with some basically non realistic price expectations based on any level technical trading basic rules and indicators. Just horrible for those who might take such postings seriously, but enclosed actual real factual list. Anything you invest, do always based on your own research and investing. Anything you hear on the internet is just often one persons opinion who might not know stock trading from fishing rods. Meanwhile, factual list of actual real approved applicants you can review from WA state website:
http://www.liq.wa.gov/records/frequently-requested-lists
Noone has monopoly on good ideas, hardest thing is to separate fictionals from factuals when comes to stocks. Everyone and their mother has an opinion, yet, technical indicators are the only ones to go by, everything else is just gambling. Always invest based on your own research and overall investing, above my opinion solely.
License List from WA State. Enclosed actual license list of those who applied and approved from WA State. This way all these "I spoke with CEO or SUZIE's can be put in rest. Enclosed no nonsense list of approved places, do not see Primco, Suzie Q or CanMed anywhere listed. Anyone who has actual real things to discuss have info if just then under another name?
http://www.liq.wa.gov/records/frequently-requested-lists
I posted last week that most likely this will happen, especially before any historical super jumps up. I am surprised it only fell around 20% to .0022 This stock is known to drop, up to 35% suddenly. Reason is that this stock is heavily invested by Day Traders with technical trading and long term investors, as well as, as always in penny land, day dreamers too. After technical trading goals are reached, day traders will dump and stock moves down dramatically. After technical trading, it really, lack of a better term, becomes gambling and all technical rules are out. As you see from historical data, that happens often. Yet, when comes to gambling...weather or not all takes off tomorrow, in that sense, up to 35% drop is normal...happened in February, March, happened in April and through out until present day. Often takes off back up again within day or two. Hopefully sooner since many are expecting good pr and news tomorrow. Personally, with this stock, I had positions from .0014 to all the way .0024 Cashed in all .0013 to .0017 investments this morning at .0030's and left reserves for gambling aspect too. This way if all goes bad tomorrow, still left on positive balance sheet. If all goes well, then portfolio safe and not sorry. Support was for today .0017-.0022 to Resistance at .0032-.0035 in technical trading so seems to move just normally according to all technical analysis, basic day trading rules today. My opinion solely, always do your own investing and research.
since resistance was at .0032 to .0035 it not really suppose to go anywhere higher from that. That level was reached finally this morning so most are dumping since max goal level reached. Rarely anything lifts any given stock above resistance level, but in this case due to non technical aspects, hope is high for many investors. Sometimes non technical aspects, news and events can lift even any stock dramatically up. However, since today there are no such announced, no pr or any events, many are dumping since max goal otherwise received. Hopefully for many non tech related aspects can still lift up, then again most investors upon checking level I/II are 1m and below investors so no whale will most likely touch this simply because even if rises above resistance, one can not get rid of since most investors buying are buying only small $ amounts. In order to get rid of any larger share quantity, one would have to sell in multiple pieces taking a lot of time and paying enormous amount of trading fees, swallowing all actual profits.
Reason stock is trading down today since this morning, PMCM stock reached it resistance level. Anyone understanding technical trading and most are trading daily via technical indicators, sold this morning since level was reached. PMCM resistance level for today was: .0032 to .0035 and support level at .0017 to .0021 That is why when .0033 was reached this morning, most experienced day traders not willing to hold stock longer than 24 hours etc, sold when max goal level was reached. However, most also leave some reserves and/or reserve liquid funds for non technical indicators, such as, news, upcoming events and in this case legalization tomorrow of sector in this location. However, in a long run, technical indicators are the one that makes one safely earning income year after year and today resistance level was reached for this stock so most sold at early .0030's
For anyone looking to still invest more of their own money on this CEO's promises, delivery of promises historical statistics and company in general.... I have several spots in Oklahoma and Texas with huge production opportunity of Magic Beans, just have to get them out of ground. Geological research shows immediate 8 to 10 barrels a day even more Magic Beans. License to grow more of them in Texas received and barrels this week loading up again. They are very good Magic Beans with huge upside potential for future growth of even more Magic Beans. They will virtually make instant millionaires out of anyone investing in pennies level. Dont worry about 2 years of promises if not ever coming through, "weather permitting" more will be grown after magic cloud over just this one spot in entire state hangs on and if beans worth splits couple of times every 2 years, your money disappearing to thin air...dont worry, you see they are Magic Beans that is all worth it to trust their huge upside potential, so just trust and buy more of it. Hey they are Magic Beans just needs to come out of ground.
Since day one, everything has always been: we will do, what will happen, next year 2nd QC we will....nothing is ever we accomplished, we produced verifiably today and all just always in future sense. After statement "Weather Permitting" for drilling was announced, I knew to get my money out. Noone else in the areas had such problem in oil production, development in the areas or near by. Took a gamble at .0003 sold at .0003 and lost only trading fees. I also recommended here for others to do when getting own money back was still possible, hopefully many did. Any CEO that has not accomplished anything but down turn to bottom, perhaps in my opinion, should consider at this point other line of work, such as shoe business. Fantasies of being big "Oil Man" ship has kind of sailed by now in my opinion. What must keep this going that estimates for non stop future developments, nothing ever happening in real time, keeps some people giving 2nd, 3rd...20th chance for place like this. I am sure some have put a lot of money in and dreaming already what to buy with profits from Ferrari's to mansions and such is hard to let go. Reality is that nothing is ever proven profitable or near, all statements are: "All flash-No cash" level giving hope for the future, nothing to show at present time. Any co. not owned by operating officer and CEO, would have let this fellow go already long time ago. Any CEO letting co. stock and reputation to go this bad, really in my opinion solely, should consider letting oil man dreams go and consider other line of work, such as shoe business etc
2 more trading days to stock up before goes up. July 8th is coming and legalization. Suzie Q / PMCM owned, already licensed. Yesterday bought some more at .0024 Have positions from .0013 to present market price and ready to go. If someone is still uncertain look at MACD technical indicators and upcoming Washington location upcoming events starting July 8th, if still enough compare all above to Colorado's previous same situation and f.ex. CANN and others. Congratulations to all people who stocked from .0013 to .0024 Dont forget to do historical data analysis also so you dont end up getting nervous Nelly and selling too soon. Happened to me last July, thank God I had liquid funds to jump back on July 11th 2013 If you are first time trading this stock, follow MACD indicators and not get nervous for brief 3 to 4 day drop, I did and dont want to that to happen anyone this year. Always do your own research and investing, above my opinion solely. I have traded PMCM for a long time.
PEII gamble of 50/50 in my opinion.
300% immediate gain is most likely in horizon. Thereafter as all stocks, flip flops for a couple of weeks and then settles to its normal natural course up. I believe most people looking for $1 and up are super long term investors and discussing that aspect. Comparison is made to CANN because PMCM has resources to higher volume in goods and services. Production is far greater and supply channel greater than CANN which is already trading in dollars. However, as said I agree .010 is most likely first immediate increase and long term in dollar area is for long term, perhaps on next years side. Then again who knows, CANN after Colorado went through this went from $2 area to $50 in a couple of weeks. All do your own investing and my opinion solely.
Very possible. I gathered some data comparing to f.ex. CANN and PMCM certainly has better opportunity for that price point and higher. Of course will take more time. Immediate .010 reasonable, flip flopping after, then settles to its future normal course. Today most .0023 purchases are only small purchases / see level I and II for data. Larger buyers jumping on board today since finally Macd indicators gave go ahead to buy. July 8th Marijuana legal in all use in county where PMCM grows, stores and sells. Moreover has already license. Some companies have not yet received license. Good times coming. As always do your own research and all investing without others views or resears. In this case, one has to just see basics of Macd technical data and do not see how anyone can get any other than positive results to go ahead. Have positions at .0013, .0016, .0018 and today got more at .0024
MACD BREAKOUT! .0024 was official breakout. Stock might get historical temporary up to 35% drop at one point prior reaching estimated target at least .010 DONT FREAK OUT! Historically at all times normal for this stock. You will kick yourself if you sell and see it rising up even more from previous. Have traded this stock for over a year weekly, 35% temporary drops happens many times a year, after that keeps on getting higher so do not get nervous. MACD finally crossed over bars...Congratulations for all investors how believed this will happen...TODAY BREAKOUT OFFICIAL..last chances to get on board before one ends up chasing a stock all the way to .010 at least. July 8th breakout news coming for stock and sector as a whole...keep tight, sit back and watch money grow.
Stock promotion for upcoming events has started. Today 2 promoters are already promoting PMCM. MACD chart entering break out mode. July 8th sector news specifically effecting positively stock....if this stock is not giving clear and good signals, I do not know what is. Been trading over 10 years, one of a few stocks seen giving this many signals.
GOOD NEWS-BACK IN PRODUCTION
Link:
http://www.marketwatch.com/story/petron-energy-ii-inc-gains-operational-approval-on-all-of-its-texas-wells-2014-06-30
Petron Energy II, Inc. Gains Operational Approval on all of its Texas Wells
DALLAS, Texas, Jun 30, 2014 (GLOBE NEWSWIRE via COMTEX) --
via PRWEB - Petron Energy II, Inc. ("Petron II" or the "Company") PEII -50.00% Petron Energy II, Inc. gains operational approval on all of its Texas wells.
Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary. The Company's operations are based in the United States.
Floyd Smith, President and CEO of Petron Energy II, Inc., states, "On March 28, 2014 we announced that we had completed all workovers and submitted all paperwork including our P-5 renewal application to the Texas Railroad Commission (RRC). On Friday June 27, 2014 the RRC approved our P-5 application, effectively clearing the way for all of our Texas wells to be returned to production. We are obviously very pleased to gain full approval from the RRC and will move immediately to return our Texas wells back to commercial production this week." The company projects its Texas production should add and additional 8-10 barrels of oil per day. Smith goes on to say, "The next major phase of Texas operations will involve the design of our secondary recovery waterflood development plan for the Redder Lease. The Redder Lease is the last of our three largest leases planned for secondary recovery waterflooding procedures in our 2014 CAPEX budget."
When all waterflood development plans have been implemented, the company projects the total daily oil production range of all three leases to be 125 – 200 barrels of oil per day. We will provide more updates as they become available.
About Petron Energy II, Inc.:
Petron Energy II, Inc. is a Dallas-based, oil and gas exploration and production company. For further information about the Company, please visit our website http://www.petronenergyii.com .
Investor Relations Contact:
Synergy: 888-259-9173
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward- looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the Company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the Company's success in drilling, the Company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the Company's planned capital investments; the Company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/07/prweb11984240.htm
In my previous posting I mentioned option for anyone getting frustrated in waiting things to move. In penny stocks, you should never stare at daily just one stock and start posting bad messages about company as seen here. To me, without insulting anyone is sign of amateur and naive novice trading. Most private investors and institutions choose carefully bucket full off potential opportunities at sub pennies, with hope that at least one out of bucket will rise up. That will out weight entire bucket full of other super risks. If you just choose this stock alone and expect to become rich, that is in my opinion naive. If you are looking for safe bet, consider mutual funds and this way there is not need to post demeaning messages about PEII and its CEO. It is a start up with potential. At this point nothing else and not suppose to be anything else yet. High risk sub pennies do not always work out and often will not in general. Average investor has at least 10 start up projects in bucket ready to launch, not just one and certainly will not start posting bad messages about company when you did not strike rich in a few weeks. PEII has potential and if it does not work out, you can in future stay just in mutual funds or Google stock where you can have steady small gain per each year. PEII is set up for those who are patient, have nerves to have their money sitting doing nothing for potential super gain and if things dont work out, also understands that it is a part of this game. In other words, noone is requiring you to stay on board, jump of as per last posting and let others enjoy PEII as potential good stock as what it is for many. Never in my life would I start blaming CEO or company over my own decision to invest in company. Many fell PEII has potential, if you disagree, instead posting bad messages about PEII, sell your stock and take it to mutual funds.
For many investors last week .0003 was gateway to cash out when one can still get full own money back. I can understand that also and certainly valid point. Most have invested at .0003 and when on Wall Street one can get in uncertain situations still full money back, that is rare. One investor on other chat place explained that getting full money back now, since things are not moving anywhere is one good option, then if things start moving up, one can easily still pick up this stock anytime at .0003 to .0004 range without any difficulty. One can just jump on board again pretty much at any price. If things are moving up, there is no loss really, only gain yet with a bit lower margin of course. I understand that point and success is in that ideology greater chance and risk far minimal that of compared to holding on and if stock starts trading next week between .0001 and .0002 as it gave warnings on Wednesday and Friday already for that. Thursday was ok but due to over 10 stock promoters promoted stock that day. That is a concern that heavy stock promotion did not move stock anywhere, only was able to keep price the same. This way if anyone really is uneasy on this ship, just jump of the ship then when you can get out at your own cost and jump back in when things are moving. This way there is no need to some of the postings attacking company. My opinion only and suggestion, not attempting to cause fight with anyone. Reality is that anyone who purchased stock, is solely responsible to themself in that and any gain or loss. Thank you.
I agree. It is pretty much same as yesterday. If no news or other developments, this will with basic trending calculations start trading .0002 to .0003 permanently next week. Always almost as gives warning 2 days of trading ahead. If you see those large block .0001 with W in it is indication that it has started. Hopefully there will be news or other because otherwise heading to .0002 to .0001 permanent trading mid to end next week. Just like COWI and others. Many just look at year high without realizing that is always with new stocks befor they settle to actual current market value. This is heading still further down next week unless something is happening in news etc.
As in any stock, just technical trading and basic research in long term holding of any stock is not enough. Good to sometimes just sit back and look at more every day practical aspects. F.ex. in transportation aspect, it is easy to see how fast stock will be moving up after oil is pumping. If contract for transportation company is made for just one truck per week, most likely stock is will settle down fast after initial first price hype of "oil is coming out". Then again vice versa if contract is drawn for truck per day, 2 trucks per day...and so forth, it is easy to thereafter estimate stock price going up and how fast too. Just that aspect is not yet provided by Petron so perhaps things are not yet immediate in June as expected. I would think that would be one of key things to inform investors if something is happening in near future. At least some experienced energy investors seems to rely on that info in their oil stocks to maximize their capital future gain.
Thank you for your advice. This has been something on my mind for a while and concerned if investment was made for thin air promise. One thing is also important for all of to concider: Investor who specializes in energy and for a very long time, adviced that one way to know if any oil is coming out in near future is to ask: "By the way, who or which company will do your transporting". Especially in Texas that is entire another part of oil business, oil transportation from any site to forward. Such require contracts and well in advance deals. Advice I received was that if oil company is not currently negotiating transportation providers, do not expect oil coming out any time soon. If anyone has any info and time permits, that is something I think many have wondered. I have also stake on this stock so looking to exchange ideas and anything unclear.
Nobody has monopoly on good ideas and these forums are good to exchange opinions and research. One thing must be considered, that nowhere is any mention about buyers and selling avenues of product been discussed. Most oil companies with solid proof of oil underneath any lease, have buyers lining up to buy. If not, there is significant efford and stock holder information provided in where, how and when such is in future sold. There is virtually no mention of it anywhere. This stock has been going down and currently only attracts a few hundred dollar investors. Noone with deep pockets is buying with huge blocks since they require proof of oil and solid plan when, how, where and how sold forward. Most stocks have goods and services to show on hand and looking for avenues to sell that in the larger market. Oil stocks have specific estimates of oil amount geologically estimated and provided to investors. This stock as nothing on hand, only year long "next week" statements but no geological specific data, only estimates. No plan provided for investors regarding future markets other than general statement. I am not in anyway trying to crush this dream hitting big as it is for many, only professionally in polite matter looking to exchange views in this, that stock is virtually currently "nothing on hand to show for estimate good and service". Typical oil company has exact data how much oil, where and how much in each site, where it will be sold, how sold, to who and when pumping. Only large deep pocket investors, 10 000 000 blocks are buying at .0002 to sell in pieces at .0003 No other large block investor is willing to consider this currently and there is a reason for that. Thank you and again only trying to discuss matter, not get into any disagreements with anyone etc.
There is definately big efford to put into that. Look at all stock promoters promoting it today. Some have generally before refused to deal with .000 level stocks but picked up PEII anyway. Noone knows were stock will go, put realistic chance is definately up movement there in this. Last week for days, most have stocked this share at .0003 No stock is safe but in that sense have good chance. Most .0002 purchases must be either from old way back stock movements or someone selling below own cost. See level I and II from last several market days. Unless large number of recent buyers will start selling at own cost suddenly at .0003, movement can be only up otherwise. My opinion solely, everyone should do their own research prior investing.
145,004,132 currently left in price wall. If increases DRAMATICALLY from that, time to move on. With todays promotions should break by end of Friday if not sooner. Hopes for all are for Friday to next week moving to .0004 and up. Then again, as seen many times before, delay can happen if novice traders gets nervous and start selling at buy price .0003 to get rid of, as seen time and time again. It is definately not easy to hold on to 1M to 2M amount of shares if stock keeps on staying at .0003 but good to see bigger picture prior making hasty sell decisions. Over 10 stock promoters are promoting PEII today, if that does not work in breaking price wall...in my opinion time to move on. Do your own investing and research, above is my sole own opinion.
In order to stock move up, .0003 price wall has to break. Today over 10 stock promoters are promoting PEII explaining volume in overall today. Stock will not move until price wall breaks. So far, for days majority have stocked at .0003 level. Currently wall is still at 151,624,531 possible to break by end of Friday if people are not selling more at buy price and giving up, but hopefully sooner than end of Friday. If, after wall breaks still no movement up, time to dump this dream as what it realistically is. Should of, would of, could of, might happen, might be...means nothing until oil comes out. Experienced traders have seen this many times before, but opportunity is definitely there, no question about it. All comes really down to if .0003 price wall breaks. most .0002 obtained buys this week will not hold wall itself for too long. 90+% is at .0003 making .0004 and up realistic chance. Thereafter, realistic move up can be seen from .0006 to .0009 even depending on promotions, popularity and all. See Level 1 and 2 from last 5 to 7 days. Until price break, all riding only solely hopes, dreams and promises. Do your own investing based on your own research, above is my opinion solely.