Replies to post #56767 on Pilgrim Petroleum Corp. (PGPM)

[Icy_CT]

I don't understand why anyone is surprised about the way this is trading right now. Why would you expect a big kaboom without more news? The company was very forthright about not putting out major PRs without the CE coming off, and the first run PGPM made was off of the initial hype. Of course we're going down on no news. Nobody seems to want to wait, they just want a quick buck.

[Jason978]

it wont run till SEC audit, CE removal, or share repurchase details. You can ignore the price (i know it sucks, im down 60% aswell) and wait till then to make that and more back. or you can say that wont happen and sell now. Those are your two chooses.

1 You belive that the company will follow through, so hold.
2. you think they wont, so sell.

Its that simple, my bet is the company will follow through, the timeline no one knows. And complaining wont get you anywhere in life.