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re: Penny Stocks

Posted on 2/12/14 at 7:40 pm to
Posted by GREENHEAD22
Member since Nov 2009
19627 posts
Posted on 2/12/14 at 7:40 pm to
quote:

They're sitting a lot of oil. A lot. Review the news stories, the partnership with Allied and everything else on there. Book value is $1.09, keeping in mind an oil company can't report oil fields fully as an asset until they pump some oil out. Enterprise value is almost dead with market cap.


What company is this?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 2/12/14 at 8:41 pm to
quote:

What company is this?


CAK. Take a look, and let me know what could possibly be wrong with this company.
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