Replies to post #7929 on Petro America Corp. (fka PTRZ)

[flaflyersfan]

egal, bad information;

-Transfer Agents are in charge of a company's stock. They do not need to know anything beyond share structure and cannot offer an opinion on it.

-PTRZ is a Grey Market stock with Caveat Emptor designation



http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ptrz

Good luck

[lenacarr]

Egal,

I wanted to ask you a couple of questions since you are so knowledgeable of the stock market, and you have really become a big supporter and believer of Petro since I first joined this blog.

My first question is, do you think that the share price of PTRZ may be being manipulated? I aks that because it was as high as .68 last week. Many of us including yourself thought that we might even see $1.00 sometimes this week. Now it is only trading at .37. I have heard in the far past, that stock prices are manipulated and can't help but wonder if this is what is occurring now. What's your opinion?

Secondly, I think that I heard last Thurs night that 120b in assets were now on the books. If this is so, again, the question that begs to be answered is why is the stock price still so low?

Again, according to what I heard on the call, Owen is waiting to see how much of the company's total assets is going to be allowed by the SEC (or whomever sets it) to be reflected. How can they make a decision not to show total assets of a company?

It just feels like some parties may be attempting to control and manipulate where PTRZ breaks at. I wouldn't be surprised.

Many here will disagree with me here, and some will agree with me in this following statement. I STILL maintain that Mr. Hawkins is having all of these problems because he is African American and he said that he was going to "shake up Wall Street". Isn't the assets that Petro American Corp claims to have, unprecedented for being such a young company? I think that he has already shaken up "the powers that be" and they are trying to hold this train from coming to the station. But they can't. This is more than it started out to be. It's an energy that has taken on a force of it's own by all of the investors that want to see it fully realized. I think they are trying to stop it, but can't, and are throwing monkey renches into it.

You may not agree, but I think if he were white, all of this would have been a done deal months ago.

Thanks for your feedback.