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Message: A Lesson from this Run

Whether or not this rise in PPS is sustained, at least one positive lesson can be gleaned. Some have worried that because there are so many outstanding shares, it would be well nigh impossible to push up the PPS. But probably because so many shares are so tightly held, this run has demonstrated that this is not so- and that even with not much effort and no big news- at least that is widely known- the PPS can be pushed up fairly easily- even if by just a few pumpers. It bodes well for what will happen when there really is the big news- especially a succession of announcements-  a deal for drilling, commencement of drilling and then the anticipation of results- and then-hopefully the positive results. Not only does this suggest that the run will be even more dramatic- like the legendary run to .19- even with many more shares outstanding- but it will have staying power to rise well beyond the dreams of mere pumpers-because it will be based on substance and important fundamental news. That's what we hope for and what I anticipate.

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Apr 04, 2019 09:11AM
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Apr 04, 2019 09:16AM
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