Oil is such a profitable sector, why trade the pink sheets? I'm pretty sure the sector will keep delivering as a whole.. I have a small holing in PDO - the rest of my stuff is large cap (BHP, CHK, WFR)..
Excellent points, thanks for the input. EFCR is not a pink sheet stock but PGPM is. Both companies publish audited financials. I think EFCR is the next MXC and PGPM is the next FPP.
Hi pilgrim, I must admit I bought PDO on a tip from PavelR but have been looking at MXC as well.. maybe you can explain: what in heck is happening with those micro cap oil drillers? where are these 30% a day gains coming from? did they strike the mother load or what??
Top 2%
Lowrance
May 21 at 8:49 ET
How about picking stocks that are on a real exchange...
Top 1%
guliamo
May 21 at 9:28 ET
Oil is such a profitable sector, why trade the pink sheets? I'm pretty sure the sector will keep delivering as a whole.. I have a small holing in PDO - the rest of my stuff is large cap (BHP, CHK, WFR)..
Top 98%
pilgrimoil
May 21 at 1:20 ET
Excellent points, thanks for the input. EFCR is not a pink sheet stock but PGPM is. Both companies publish audited financials. I think EFCR is the next MXC and PGPM is the next FPP.
Top 1%
guliamo
May 22 at 4:46 ET
Hi pilgrim,
I must admit I bought PDO on a tip from PavelR but have been looking at MXC as well.. maybe you can explain: what in heck is happening with those micro cap oil drillers? where are these 30% a day gains coming from? did they strike the mother load or what??