Petron Energy II Inc (fka PEII)

[jdubb75]

My thoughts exactly. I pulled my money off the table to cut losses and I wasn't willing to average down any more. If it actually does go for a good run I should be able to jump back in and at least make back my losses if not turn a profit.

I get it, they need to finance operations until profits come. They may have had absolutely nothing to do with last weeks fiasco other than securing the financing some time ago. But, to make it so difficult to obtain public knowledge about their share structure does not bode well for investor confidence...plain and simple.

I'm still rooting for them, but they need to work on transparency. Maybe some of the new players they've recently brought on board will lend a hand in getting things straightened out.

Hopefully they will all have their hands full with the logistics of handling copious amounts of crude soon.