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Alias Born 05/09/2011

Re: None

Wednesday, 05/11/2011 2:53:18 PM

Wednesday, May 11, 2011 2:53:18 PM

Post# of 71458
i want to be the first to say pxte will be moving by the end of the week into next not a guarentee but imo. I found this company only has a float of 8m due to the notes that were purchased at .30 . So even for the common share holder the .2 of today is discounted. Accumulation over the last 3 months shows about 2-3m shares.

Leaving about 5-6 m shares available to trade. A price of .20 will look good today and tomorrow until next week then it might be too late. With such low float one day of high volume could double even triple the stock. This company owns land and has oil wells which are producing. At the price per barrel this is undervalued and has buy -if marker from americanbulls.com as well.

just my input and wanted to record it for personal proof seeing this company can change very fast. The low float combined with one day of volume is a deadly combination.

Do your own research never follow a trade blindly.
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