1000s of shares and pantera petroleum.?

Question

don't scurry away rapidly buying a company founding in its early stages is like seeding a dense column with more important info. for instance one for pennies on the dollar stock I now own a vexing amount of stock. every so often it torques in revenue. but yet still it doesn't require any secret passages. PTPE a common stock so trade. and I don't mean common like you any answers are welcome as long as they are credible and intelligent don't try to answer me but instead try to answer the debate. is PTPE a good buy? just reread the companys latest versions this is the perfect timing college funds vacations I don't care about your financial portfolio you will invest in oil.

Answer 1

To early to tell. Like you said being in early stages as a company is very speculative with so little history available on the operating capabilities of management I would say to high risk. It stock in it is like buying lottery tickets or keno tickets in a casino. All I can say if you own 1,000 of shares is good luck because you will need it.

A company that cannot make a profit to keep it in business for the long-term is like owning a dead horse, which is good for nothing. This stock is over priced for the near short-term with any advance in prices not sustainable until it can become profitable!