Pedevco Corp. (PED)

[verdiking]

"I am NOT impressed with management that thinks "managing" is placing a bet on the roulette wheel rather than a craps throw."

Well everyone knows that you play craps and not roulette! Craps has a 1.4% house advantage and roulette has a 5.2% house advantage and is kind of known as a women's game.

I have been here for almost 8 years and it has been a roller coaster ride. I still have shares I brought at 10 bucks a share and can not count the number of times when big thing were just around the corner. A small fleet of drilling rigs with a backlog of hundreds of wells, regular oil rigs with multiple year drilling contacts, a digital oil field, an "all new" AFJ rig that was successfully tested and had a 100 well deal only an hour and half from where I live. It has gone on and on.

This stock has been draining not only on my bank account but emotionally as well. This stock for me has always been a swing for the fences investment with over 100,000 shares I would like nothing more than for it to go to 5 or 10 bucks a share. But since things did not work out in Kentucky this company has been slowly bleeding to death only kept alive by the yearly care packages of the lawsuit. At this point they only have one care package left and part of that is already used so about all they can do is go "All in" or slowly bleed out. I say put it all on the pass line and slide me the dice I feel a hot hand coming. Lets win big.