Petron Energy II Inc (fka PEII)

[Phatlander]

How many times have we seen this, bid dumping followed by a sudden increase of bashing. IMO, it's a small group (maybe hedge fund) trying to get their channel back. Trying real hard here ahead of news. Retail needs to hold strong and stay above the V's on the ask, make this group buy back higher, and create a higher bottom. Dilution has been a factor here without the TX op's online, but this little group has been playing other investors quite successfully before, by trying to dump on the bid and blame the company for dilution.