New to PTA - 50kHello all!
After doing my DD from multiple sources I decided to start a long position in PTA, started with 50k shares today at 0.254.
I'm planning to add up to 500k-1MM shares timming depending on oil macro picture and PTA december outlook. The company does look grossly undervalued and nothing better to start a long position in a already cheap company in a battered industry.
Love the 10k-15k boepd prospectus for 2015, not to mention the management target of 20k-30k in a few years. Frank Giustra as investor also a positive.
Good investing to all.