OTCPK:PDPYF - Post by User
Comment by
Manthebullon Nov 29, 2017 9:37pm
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Post# 27059911
RE:RE:RE:Why short sheller so naive
RE:RE:RE:Why short sheller so naiveone thing I learned from my years investing is that in oil and gas Book value doesnt mean anything..I think Lighstream had 10$ in book value but went Bankrupt...I have seen firms bought out below their book value...but in this case PONY is good standing and is making money..Major shareholders have bought this stock above $5.60. so I suspect for any possible buyout a share price higher than $6.50 to add premium.
IMO