Hey buddy
I've been on this ride before so I don't want to jinx myself. I own twice as many shares on this ride the second time around.
I will happily confess that this kind of volume at avg 3 cents is waaaaaay more impressive knowing over 100k dollars traded today as compared to just 5k trading hands,,,,,, but I'd still like to see more and a continuation of it.
What would really. Really give me lasting confidence and sustaining price movements besides the expected future contract announcements, would be to hear that pxp is taking forum shares public again on the Nasdaq sometime soon after contract, allowing an excellent valuation comparison for fec resources to verify their equity worth. Besides all the different variables helping explain this rapid action of buying up shares here, maybe someone knows that's in the works too.
If it isn't , then it should be and it would benefit All forum owners in lauding PXP who makes that decision as their majority shareholder
I've seen my equity go up 100k but it's just on paper so far........ and like I said. If this was allowed to ride... and to take equity loans without ever diluting again(many big IF's) then this would be a dollar in 1 year or just about. 4 dollars in like 5 years. But it might get bought out way before then. Nobody knows for sure.
What I do plan and hope for after pxp goes up to 200 with a solid contract. Is to go after them with a lawyer for selling my forum shares without just cause. That could net the shareholders involved twice as much of their gains in their fecof . Just something to think about folks. As far as I'm concerned pxp took out equity at unfair prices, and I'm just waiting for the right time after contracts to get signed to go after them for my stolen equity when it's worth chasing.
