Pilgrim Petroleum Corp. (PGPM)

[eldoradoJACK]

I'm not trying to be a downer, but probably never. A year and a half ago when this thing was rallying and I got suckered into it, the CE was there then and people didn't seem to care much. The real question is will it ever come off the grays? It's possible, but doubtful. I'm hoping I can at least make my money back on this at some point, but the odds are not in our favor.

In my opinion, PGPM has been going through these cycles where there is a lot of chatter and people start buying from the people who lost their asses on the previous cycle. So its like a never-ending cycle of LOSE, HOLD, WAIT, GAIN. But each cycle has new losers and new winners (if you can call them winners, more like break-eveners-maybe-ish). Does that make sense?