RE:.14Uppers,
i wouldnt put too much hope that today was the bottom. If Oil breaks down below this weeks lows we could see WTI heading to the 40's and another round of panic selling could happen in all oil stocks.
having said that, I bought today 472,000 shares today at 0.155 & 0.15. After I finished buying near the end of the session, the stock dropped to 0.14 !!
PTA is very cheap & the Farc Rebels announcement yesterday of an indefinite truce is very very positive for companies operating in the Putumayo basin. It could substantially drop transportation costs for PTA.
i believe oil will trade above $70 the second half of 2015 and based on that I believe PTA can easily trade in the 0.40-0.50 area. If Oil goes higher than that or production increases substantially then so will my target. Therefore I will continue to do my best to raise more cash and buy more PTA.
But keep in mind it might get worse before it gets better.
GLTA
cheers
Deadcow