Tell us something we don't know. This has been stated here before and by myself a couple days ago. So what, as oil sales ramps up share prices will still rise even with this diminishing head wind, IMO. Once Snyder-Simons comes on line and the acid stimulation of the Texas oil wells is complete; dilution will slow as more revenue is available from selling OIL instead of shares. That's why anyone would buy PEII and nothing else.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.