Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

At this point for me this is a trading vehicle. I was lucky enough to get filled for some near peek on Friday and rebuy some at 16 cents. I see a huge fill at a penny today already which undercut another buy order of mine which must be the market makers talking to eachother, so be it.

I do believe the new management has something up their sleeves, and that it is legit but I will unload on any significant rally while holding or buying under 15 if it camps here for a while.

Read my previous posts over the years on this board, the rooskies were pure trouble here, but they also controlled the majority of the company. Why they couldn't make it successful we may never know and is water under the bridge I suppose. But with all the shares outstanding, it puts a damper on the price since each penny increases the enterprise value by 3 million bucks, that's a lot of money for a company that doesn't have a lot in the coffers, but we'll see, I do believe there is potential here but no idea what it is.