Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

I am banking on this going to the 20 cent range for now.

While I got in early in the twenties, I have traded in and out to avg down to where it is now, partly due to luck as I had other opportunities I needed money for and took advantage of rallies which always have occurred sooner or later.

The KEY for them which they have made very clear is to purchase an oil producing property (and use the tools they have to assist). The Mexico deal recently announced holds them over with some revenue as they search hard to make such a deal which has not been easy at all to negotiate, I know that they have had many opportunities that they could not make happen. But that said I simply don't see why they cannot be more successful with their next generation tools to pull in more customers that could use well treatments and am disappointed that we don't see more of that, not clear why not.