Pedevco Corp. (PED)

[bman]

Garth, you're perceptive in regard to level II. What do you or anyone else think of the way PERT keeps re-appearing on the low offer and apparently hitting the bid as well? Do you think this is a big seller that got some of the real cheap PP shares. It appears they are gradually ridding themselves of part or all of their inventory. Each time it appears we're gonna move up, PERT comes along to knock it back down. The good news is that there seems to be buyers more than willing to accumulate in the low .60s, including me. If we can take PERT out for good I believe we will move up nicely. It may take news to clear him out. We'll move up in due time, though, IMO.