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PRD Energy Inc PREGF

PRD Energy Inc is a development stage company. It is seeking farm-in arrangements with oil & gas operators and several exploration & production licenses.


EXPM:PREGF - Post by User

Bullboard Posts
Post by neofighton Oct 31, 2006 12:28pm
296 Views
Post# 11586781

I don't get it

I don't get itWe closed at $.24 on October 18. Now, nine trading days later, we have just traded at $.43, an 80% percent increase since October 18. Fairly good volume, too. Not a whisper on this board, however, as to why. The financials don't justify the increase, indeed, they look poor. Given the volume, we either have broad-based buying or a few buyers with deep pockets. If there was broad-based buying, I would expect to be reading something on this board about why. If deep pockets are doing the buying, what do they know that we don't know? I don't get it. neo
Bullboard Posts
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