Replies to post #13037 on Petron Energy II Inc (fka PEII)

[alphaInvestor2]

The smart traders here will listen to MarqueeGemFinders last post. I fully agree with his assessment. All else on the board is noise IMO. Remember. Past price action is indicative of future price action$
QUOTE:
"The chart and certain valuable indicators present a different picture here.
PEII on watch here for mega bounce. 900mil shares estimate in the O/S,

Again IMO- coupled with a Significant company catalyst and this could easily retest the .01-.015 pps.
The 62mil bid at .0015 by NITE today was quite impressive for bounce play. Someone appears to have shaken as many levels for he trees before a potentially major move. "

[nupapa]

Hey Marquee. Lots of eyes on PEII. News would reverse the tide, specially if the company slows down on issuing shares. They show OS on their website of around 1.4 billion now as of Monday.

GLTY. NP

[Phatlander]

Interesting that 62 million would represent 5% ownership in Petron, which happens to be the amount of institutional holding previously invested in Petron. Question being, did that institution dump all of their shares on the bid in an attempt to manipulate share price here, are they the tree shaker? Does make .0015 appear to be the bottom, but if that is the way they're playing here, would not surprise me if they do some loss selling on the bid to try to break momentum here. May be time to turn off all of the stop losses and hold them hard and tight. Speculative opinion here only...but if true, makes you wonder what this institution knows and why they're trying to shake the trees so hard?

[Mr Rollup]

Good spot right here.

[Empire1]

PEII I'm in.... $$$$