Pilgrim Petroleum Corp. (PGPM)

[BossMonkey]

I think the consensus has been, it was probably the mistake in the filing of the SS while also PRing about a $3 million dollar investor or some such thing. They were pumping while not current and with wildly wrong numbers and it was with a company that hadn't filed in 7 years so it looked particularly bad. Looking back, it totally makes sense they got suspended and IMO we all messed up by not selling when the error was reported and that pr came out...it's an expensive lesson to remember for the future.

I still want to hold out hope that they will be back because it does not make sense that they spent the money and effort to bring this back after 7 years just to have it end this way. They also have physical assets, though we don't know what they are worth, but the value is significant.

I think they will be back and for some, this will be a buying opportunity on the cheap for a lotto ticket that could eventually turn out to be a winner.