Pedevco Corp. (PED)

[Flatsixer]

Hmmmm...

"Any economic recovery results in higher energy prices -- it's elementary. That means $300 crude oil could be one year away or three years away, but certainly not much more.
There's been almost no progress on the march to alternatives. The global investment engine has ground to a halt. With oil prices at these levels and the market in tatters, the last place investors want to put their money is in the alternative energy space.

But OPEC has cut production across the board. We already are seeing supplies start to taper off. Eventually, demand will catch up with supply and we'll be right back in the same boat we were in a year ago.

Shares of many key oil stocks took a plunge, and now they're offering some great entry points...Many others are attractive."
http://www.marketwatch.com/news/story/position-yourself-now-300-barrel/story.aspx?guid=%7B9C42CE1C%2DB7C8%2D4C22%2D8907%2D3A8D60BE1F0B%7D&dist=TNMostRead

Flatsixer