RE:RE:RE:#1Thedave2006 on PetroAmerica @.135 Cents StockhousePTA is worth what the market pays for it. 0.135 cents.
There is no buy-out on the table, good lord. Its easy to hope isnt it? I used to do it too. A buy-out will happen after PTA does a financing at these low prices, refinances the debentures, consolidates,and slowly grows production (after another Private Equity Raise - post share consolidation). thats how this plays out. end of story.