Petron Energy II Inc (fka PEII)

[Invest1999]

You ask the key question!!

The position that PEII finds itself in right now can't go on forever without an increasing level of oil production or a funding catalyst like the $10,000,000 funding facility that is waiting approval (and thats a bit dilutative....but i'm ok with that)

So I honestly think that things are going to come to a head (hopefully in a positive way for a long like me) in the next 60 days..... I'm up a nice percentage on several million shares but in sub-penny land...these returns can be fleeting since I haven't sold a share.

I'm fully aware that over the next 60 days, I may win VERY, VERY BIG or go bust..... But I'm NOT betting the farm and I really like my odds here....

Compared to other development stage oil companies I've analyzed, PEII is much further along....

These other companies are trading higher.....(go figure!!)

Of course, all this is just IMHO...