Message #22 From:
Jason Date: November 8, 2008 12:27:32 PM
PPTL Premium Petroleum Stock Story
PPTL Premium Petroleum stock has been falling and falling. The company claims their specific kind of oil is still profitable, because it is cold flowing oil. I think everyone in the oil business knows oil sands oil is a pain. This type oil is far less profitable during periods when oil is fetching lower prices. In a recent press release the CEO proclaimed PPTL to still be in a good position because their oil sands oil is not as bad as it could be. The company is seeking upwards of 5 million to complete it's current operations. With the current glut of oil, and energy concerns fading as the economy turns. Investors are less interested in oil, and have found new trading trends. The latest trend to replace oil hype is buying undervalued companies like AIG, MS, NCC and many others. The time to make a buck in oil has passed, PPTL just missed the opportunity by a few months and millions of dollars. Who knows if PPTL stock will rebound and do well. I am suspecting it will take a while. Perhaps FNM or FRE would be good ones to pick up for the long haul. Please feel free to add your comments, I look forward to reading them! Becoming a member of the PPTL stock forum is easy!
