Replies to post #11966 on Petron Energy II Inc (fka PEII)

[nazulya]

You know what you can buy as many as you want, how about this-why don't you put a bid for 1 million shares at .0016 and see what happens and how long that bid is going to be there. Why don't you do it right now? I dare you, because I know somebody who did it and guess what it has been partially filled so fast that he had hard time cancelling it, MMs are going to sell you right as many as you want at any price, the only reason price is staying at these levels because MMs keeping it there so they can still dump shares, the moment it is below these levels they can't have a reliable quotation. Nobody, nobody is buying those bids are bogus MMs are jiggling bid/ask, there are 70 million shares ready to be dumped at any price. I think Floyd is in danger because he issued several convertibles in the fall and those are going to mature soon and hedge funds might not be able to convert and ...................oh boy hate to see. I take it back by the time I finished typing it plunged further down, now you can pick up as many as 117 million at .0013-.0015 range, that is how desperate somebody is to unload shares. Check inside level 2 for yourself. Desperation is setting and people desperately trying to salvage something but no takers above .0015 IMO