Petrogress Inc. (PGAS)

[RealDutch]

Personally I wouldn't use a P/E of 20. But if we look at book value or revenues then fair value could be anywhere between 0.10 and 0.20. It would make it a lot easier if they report good results next time and acquire 2 more ships.

The good thing about 0.04 is, we have 0.01 downside and 0.06+ upside. So I don't expect us to go lower.

I told my friends to buy the stock for 0.03 and they didn't. Then I told them to buy the stock for 0.035 and they didn't. Now I won't even bother But for you guys it may be different.