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the good is there are a decent amount of buys in the 1.80 range and that's a positive thing
Here I fixed it : well looks like it finally settled down to be a nice 1.50 ish stock. So after all the hustle and bustle it wants to trade between 1.35 and 1.75 so plenty of nickles to be made out there. snatch up a few thousand shares on the afternoon or late morning lows and sell on the am swing. Anyone that looks a daily or weekly graph on PED can see that. I should have been doing that for the last ten days instead of watching slip to this point. the float is high at 14.64% so there is that. But there are like 4-6 people that pump this thing on the boards (probably the same 2 or 1 people for that matter ) same old rhetoric. it might be worth looking at in 6 months or a year to see if the new hero can show a company that pumps oil and makes money. or if they have enough usable well area and sub surface leases to make PED attractive to real oil companies for purchase. All in All many other great places to use money then to park it on total speculation. Never invest any money you are not willing to LOSE they say. if it follows its normal trend should close down this afternoon
let's see if it rings true today as well as Friday. I hope not as I'm a bag holder to and want to earn some money.
Can't thinks? what is that? I'm a realist not a pumper and it is good advice. if I'm at fault for not spelling everything correctly so be it. but we both know you didn't block me on all your sign in aliases ;) sad out of all I said that's the only thing you have to reply
its trying to live !! time will tell
PED on fire with a .002 rally put your seat belts on folks LOL
this thing is DEAD. what a dud. now pretty much no one is trading it. all us bag holders have to hold on false hope and no one wants to buy it. a lame trade volume of 2700 shares @ the bell?? are you kidding me! clowns say hold its gonna be a 9.00$ stock , maybe they should look for it to just keep 1.50 ? LOL
only one trade in pre market at 9:00 am for 75 useless shares.
got you covered Decimus. Marked the post as requested and I even quoted it for accuracy. lets meet back here Monday @ 3:30
[img]Decimus1 Member Level Friday, 07/13/18 04:42:15 PM
Re: None
Post #
4698
of 4698
Monday is the day it blasts right by $2.
You can make book on it.
It is written all over the wall.
Shorts are going get destroyed.[/img]
Decimus,let me help you out here. this chart a 6 year old can understand
https://ih.advfn.com/stock-market/AMEX/pedevco-corp-PED/chart
that was today
this is the last month
https://ih.advfn.com/stock-market/AMEX/pedevco-corp-PED/chart
ok, DOWN is BAD up is GOOD.
definitely going to close with a loss for the day and the week and for the last 10 days
not sure we are looking at the same company ?
five day chart
https://www.google.com/search?ei=S_JIW-HrH7Lt5gLkp4bABQ&q=ped+stock&oq=ped+stock&gs_l=psy-ab.3..0i131k1j0l9.3740.5482.0.5862.6.6.0.0.0.0.129.684.0j6.6.0....0...1.1.64.psy-ab..0.6.683...0i67k1j0i131i67k1j0i10k1.0.TMWLBIZPLuQ
today's chart
https://www.google.com/search?q=ped+stock&oq=ped&aqs=chrome.4.69i59j69i60l3j69i59l2.3094j0j7&sourceid=chrome&ie=UTF-8
well looks like it finally settled down to be a nice 1.50 ish stock. So after all the hustle and bustle it wants to trade between 1.35 and 1.75 so plenty of nickles to be made out there. snatch up a few thousand shares on the afternoon or late morning lows and sell on the am swing. Anyone that looks a daily or weekly graph on PED can see that. I should have been doing that for the last ten days instead of watching slip to this point. the float is high at 14.64% so there is that. But there are like 4-6 people that pump this thing on the boards (probably the same 2 or 1 people for that matter ) same old rhetoric. it might be worth looking at in 6 months or a year to see if the new hero can show a company that pumps oil and makes money. or if they have enough usable well area and sub surface leases to make PED attractive to real oil companies for purchase. All in All many other great places to use money then to park it on total speculation. Never invest any money you are not willing to loose they say. if it follows its normal trend should close down this afternoon
good question
yes, they need to take measures for sure to reduce the float 14.64% is way too much for a company of this size and volume. and really to that point they need to make lots of things happen to put value in this company. just trying to trade on low, but really it's hidden debt since the guy that controls almost 50% of this company paid it off or possibly he just assumed it on paper. isn't cutting it for serious investors. Guys are using this stock as a penny stock because its cheap and trading for nickles and 3k share buys and sales because its so volatile and bounces around. but those peaks and valleys are almost gone. unfortunately when they loose interest then PED will have nearly no volume with out them.
ok so David Steinberg "Quit" but not likely. non compliance happens when you continuously trade below a dollar a share as penny stocks do and so on . I own a calculator and can watch a trend the same as you so this thing will be trading under a dollar very soon at its current downward pace. And it just barely got its non compliance reversed just a short time ago. other oil companies in the same exact are are doing well and trading far higher. they loose % on negative oil news buy 2-5 % and ped looses 10-14%. it don't matter if you think its worth 9 dollar or Kukes thinks its worth 8.57 or what ever. the rest of the world ( the people trading it ) thinks its worth about 1.50. and that's a fact.Now if the company would do something or have some kind of positive news as to it is making money and prospering things could change. but just expressing optimism isn't enough. maybe I'm a moron but I can separate emotion when I trade.
Companies that want to list their stocks on the NASDAQ need to meet a pretty long list of continuing requirements. Just to name a few of them, listed companies are required to:
Maintain a share price over $1.00
Maintain a $1 million valuation for all publicly held shares
Have a minimum number of stockholders – as low as 300, but varies depending on the type of listing
Maintain a minimum amount of stockholder's equity or minimum market value of all listed securities or produce net income above a specified minimum
Distribute annual reports to shareholders
Have a majority of independent directors on the company's board
Have an audit committee consisting solely of independent directors
Adopt a code of conduct applicable to all directors, officers, and employees
Hold an annual meeting of shareholders
Disclose all "material news" – defined as information that would reasonably be expected to affect the stock's value or influence investors' decisions
Pay annual listing fees, which range from $32,000 to $155,000
If any of these, or any other published requirements are not met for a period of 30 consecutive days, the exchange can start delisting procedures.
its working on loosing its compliance, its not going to hit 2.00 today why don't you post some real news and quit spamming the place up ? like maybe what the company is doing beside issuing stock to people its firing and selling their own shares . maybe show a profit to the world or even show its drilling or building infrastructure or just anything. You know, things that make it a useful company
sure,it could be a 5 + dollar stock, but its not. 3 times as many sell orders to buy orders. i'm selling, taking my beating and moving on. i took a gamble and lost
ha ha ha ha @ Decimus1. whats it like living in fantasy land?
stick a fork in it
the smart ones got out this AM and are getting back in now..... I'm not one of those lol
and just like that...Poof