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JEFF & HDSN are selling large amounts of this stock for the company IMO...been watching closely and until that BS stops this won't move... What really pisses me off is that they aren't smart enough to pace the selling and let the PPS rise...
posted
I don't understand all the buys at say like .07 and another buy with the same amount of shares at .065 at the same exact time...this has happened many times this morning... .075 to .07...
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posted
I am getting killed in this thing. This is what I get for ignoring a stop loss. Screw it I dont want it going lower for anyone so I will continue to hold my 100K shares. I wish you all the best and glad that RXPC news tomorrow will allow me to buffer this mess. Where is the bottom on this one?
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posted
Seems the MMs wouldnt let this move this morning. I watched trade after trade, some large hit .085 (the ask) thos morning and it wouldnt budge any more
-------------------- "Money, so they say Is the root of all evil today."
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Those reserve numbers are supposed to be delivered this week as well. The way I understand it they need that report for SEC auditing, to get off the pinks.
Supposidly their "earnings" are up from the wells/services they accquired. who knows
-------------------- "Money, so they say Is the root of all evil today."
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posted
Whats wrong with this one ??? Even after a PR with positvie Numbers this hasnt got even a Up-tick after that...... Instead its droping like HELL!
-------------------- Investment Is Important, but Knowing where to make an Investment in your life makes all Difference
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posted
doesnt make sense, makes ya think its the MM manipulating it (nothing else makes sense). Yesterday on opening of the good news, this damn thing hit .085 a crapload & of times & still wouldnt go higher. Then dropped, while still alot of volume coming in. Who knows
-------------------- "Money, so they say Is the root of all evil today."
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IRVING, Texas--(BUSINESS WIRE)--July 20, 2006-- Pilgrim Petroleum is pleased to announce its Mid-Year Second Quarter President's Report to shareholders and potential investors is available at www.apetroleum.com. Here are some additional achievements and highlights:
1) Continue increase on financial ratios. Nearly 500% increase in revenues.
2) We have no debt. Our obligations are solely to our stockholders.
3) Information and Updated well reactivation status and acquisitions
4) Short and Mid-term Plan: Evaluation Report, Audited Financials and Filing on a Canadian Stock Exchange
5) Infusion of more Human Capital
6) Plans to acquire working interest in attractive new prospects
7) Plans to implement drilling/exploration campaign on Pilgrim's property play at the beginning of 2007.
*T
Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Pilgrim Petroleum Management is highly focused on high level results. We will continue to acquire properties and bring our wells on line throughout 2006, building solid foundations."
About Pilgrim Petroleum Corporation.
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation (Pink Sheets:PGPM) is a publicly traded, independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS EARNINGS SOURCE: Pilgrim Petroleum Corporation