Prospect Global Resources Inc fka PGRX

[Steuvin]

This company might go up in market price a bit for purely technical, chart reasons. Day traders might be able to catch the bounces and make a little money. Or not.

This company will go up for real and reward true investors ONLY if it obtains significant financing, gets a joint venturer or is bought out.

The company is in deep debt and has near, middle and long term financial obligations. It is in a currently out of favor industry where financing is very hard to come by. It is under a lot of pressure.

Hype and the company applauding itself is okay but it will not do much good, except maybe in the very short term. It needs to show us the money.