Ladies and Gentlemen,
In over 25 years the world demand for petroleum has NEVER really gone down. Arguably 2008 and 2009 were depressed/flat. Look at the world consumption of oil since the 1960s. Talk about a growth trend. Look at the enormous SUVs on the road, my 1976 Cadillac is a boat and still radically smaller than 70% of new cars and trucks. (statistical fact)
If you're one of the 1% of day traders who've beat the S&P 500 for 3 years in a row - Hat's off to you; you should stop reading. (be honest with yourself - most day traders lose $ due to fees and other costs)
Everybody else, PLEASE continue to dump at .0001 or .0002!!!!
There is no shortage of buyers at this price for a good reason. "Book value" of this stock is dependent on the commodity value. We're getting no news because at the current price of oil/gas investing into new production or infrastructure makes no sense.
Stop thinking of this stock as a pump and dump and look at it as a long(ish) hold. Oil/gas WILL GO BACK UP. Venezuela crisis will take 2-6 months to be felt at the market level / stockpile.
War near the middle east oil fields is a safe bet too.
Just hold and monitor for ~6 months and reevaluate the situation. You won't be sorry.
Or continue to dump. I have nearly 100 million shares and can't get enough at .0001.