Post by
JDTRADER888 on Feb 18, 2011 12:49pm
PetroKamchaka >> ??
Lots of buying at .025/.03 range over the past few weeks. What are the odds of a take-over?. These guys have a lot of land tied up and with the price of oil holding above $85 bbl ,I would not be surprised to see a buyer lurking in the wings.This stock is trading below book value.
Comment by
604Carpenter on Feb 18, 2011 5:48pm
Yes this stock is definitely below book value !!! it has been slowly getting volume here and there but the share holders are not willing to keep that's why we can't get out of the .03 slump. This company is one of my favorite picks, so I'm just gonna be patient with it, I really believe the time will come !! give it sometime folks.
Comment by
ablekaak on Feb 18, 2011 6:03pm
hmmm yes, I could see that.. A take-over could be in the cards... or maybe buying is simply people picking up stock at these cheap prices. Take over or not, I think this will be a nice money maker soon.