Replies to post #8126 on Pilgrim Petroleum Corp. (PGPM)

[danrpoints]

You can't expect to get much of a dividend. There would be big time investors jumping in with the returns that you guys are expecting. In fact, the PPS only has gotten worse. I have bought and sold this over a year now. I do not think that anything that good will come out of this.

[bobbertino]

well, regardless of my playing around with numbers
(however unrealistic, it's nice to dream!) earlier, i would be thrilled
with .006!

that would give me a profit of $9350.

after 30% tax (is that the capital gains rate?)
that's $6545 net profit.

i'll take it!

[awesomebummer]

So far,

I'm not yet accepting a simple exchange of PGGM shares for ACLE shares, like everyone else here seems to. That would not satisfy the "transfer of value" issue, nor some of CEO Pineda's recent emails. ACLE is trying for a "bigger" board, so they really cannot afford a bunch of shareholder complaints to AMEX (board members actually read/analyze that kind of stuff).

So relax. Plenty of time for yelling, if this turns out bad. (...and I'll be the first). Right now, I'm hoping we are in for a pleasant cash surprise.