Post by
StockBadBoy on Apr 24, 2010 10:20am
Strong Volume
Excellent week of trading for PXM. Price closing near the top but more importantly, there has been some nice coverage by writer and good crosses and placement of stock. All good from my perspective. It isn't very often when you find a play that is executing as well as PXM, all wells hitting, they continue to drill the 4th well and good placement of paper at these levels. The next few weeks will certainly be interesting with all the testing of wells in progress. BUT, I think the next several months will really tell the tail if anyone wants to make serious money. The easy money has been made, the next level will create huge leverage for those holding stock at these levels. Perfect in my opinion thus far.
Comment by
nanaimo16 on Apr 24, 2010 4:16pm
Transco ran from .08 and waz bought out at $2.40. same ol' same ol'...................................Paramax could be even stronger, already the little guy has made it big, this may very well be a ten bagger from here..... Lets hope it is not sold too early, or not at all. Cheers, N
Comment by
Kel2 on Apr 25, 2010 3:28pm
Nanaimo -- Transco went to $2.40 but it wasn't bought out by anybody - it just went back down and subsequently had a name change to Bridge