Replies to post #7410 on Pilgrim Petroleum Corp. (PGPM)

[penn_e_pincher]

Just had a thought. We bet on the wrong horse so far. We could have doubled our money buying IMVS!

Anyway, I put in that sell order with my broker to get rid of some PGPM if it pops tomorrow. They wouldn't let me offer anywhere near 1 penny because it was too far away from the last sale of 0.0008. I couldn't even offer HALF a penny. Oh, well. We'll see what happens tomorrow.

-penn_e_pincher

[masc2279]

I believe you are missing a large portion of the buyback because the 30% is based on Pilgram not PGPM. you have to account for PHV as well so from a valuation stand point it is far less. But it should still be a good profit for those who got in low.