Naz, in some regards owning PEII is like acquiring a used car at a discount that you hope to sell at a profit. When a potential buyer comes around if all you have to say about it is negative, you'll likely never recover your investment, let alone make a profit. Likewise, if you only pump it people will think you are slick.
There is a balance that every poster should keep. A used car may have some problems, but it still has value. Even if the car is in near perfect condition and nearly exactly what a buyer wants, if they hear someone over-berate that car...they will pass on it and end up getting something in worse shape that no one is berating.
PEII is a penny stock, not NASDAQ. It has some risk, some dilution, yet it still has some very real potential. As the Simons lease will be completely pressurized end of Feb, and as Bakken could be completed end of Jan, there are two big catalysts for a significant increase in shareholder value. If we become profitable end of Q2 with only two leases pressurized, what about when the remaining leases are also pressurized?
Indications are that PEII is nearing the place where dilution ends, profitability sets in, and shareholder value will gain traction. People complained about the lack of transparency, and current OS is on their website now and frequently updated. Perhaps everything hasn't happened in your time frame the way you hoped when you first invested. Things rarely do work that way, so for me, I try to make the best of it.
Point is, there is value in PEII, a lot more than is reflected in the current pps. There are many things happening to increase that value. But many people rely on investor sentiment as one of the indicators on whether to buy or pass. Likely some people have passed based on what you've had to say here, among others. Yet you want to blame Floyd solely for the current pps. But if many who passed based on sentiment would have invested, you could be green instead of red. JMO.
At the same time, it is entirely likely that you are green. That you bash to buy, and count on the residual value of this upcoming company to make many small profits for you. I don't know, but if that is the case, you taken advantage of a lot of weak willed people to make your money.
For me, I'm going to rely on what the company is doing to build shareholder value. I have bought the dilution and averaged down, building a much larger position here than what my first intentions were, because I've taken a closer look at what this company is doing. GLTY.
AI
