Replies to post #823 on Pledge Petroleum Corp. (fka PROP)

[PennyStockTrader2]

I can surely appreciate how you feel. I actually bought more today when it spiked down, only because of the cash value that they have. I cant imagine Ervington just giving up at these prices after financing the existence of the company for around 15 million dollars. Their price is around 12 cents/share (after conversion from Series C preferred) if I understand things correctly. I would think they would at least want to get the PPS up to a dime, which I realize is really low-balling, but that's a triple+ from here.

Let's just hope they can find a property and start actually doing something.