laplova anyone's guess. I have seen worthless corps do multiple R/S to raise $$$ to buy new ships yet their stock went from below 3.00 to 120.00 in 3 days time. I have seen other things where no news was prevalent, and major moves happen. Then I see this corp (PED) and know who they are and what they have right now, and with no debt in energy industry at this time, under this Administration, their own financial leverage ability is massive going forward... it is a no brainer IMHO...
This could be a $100.00 stock by years' end even, and this is not fairytale speak either...
The SEC and exchanges simply need to finally reign in the rampant daytrading/shortselling of all US equities and send those to the futures markets, and we need to get back to integrity and support for business like we used too, and that will be seen in share price escalation and for the Shareholders who invest and hold part ownership of said businesses... Everyone wins that way. As it used to be...
Now a great earnings release coming and perhaps instituting dividend will make this massive stock to own at these levels...
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