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 Pantera Petroleum - PTPE
I am new at investing and took some advice from a friend you has a couple of millions buying stock...He adviced me that his next big hit will be Pantera Petroleum(PTPE)...It is trading just under .05 (cents)...Before i take the dive i wanted to get others opinions...He has recently purchased 350,000 shares...
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re: Pantera Petroleum - PTPE
PTPE Pantera Petroleum has a decent chart set up. If we can hold over .03 .035 then we could test .05 which is the key for this chart. If we can break up over .05 on the bid side then we could see .07 to .08 ranges imo
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here
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Re: Pantera Petroleum(PTPE)????
lildipper Welcome to SHO PTPE Looks like it had a nice pop on Friday, The bottom indicators also look bullish as well but could use some volume. Definatly worthy of a radar imo.
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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Re: Pantera Petroleum - PTPE
After further research i found that things don't look so good for PTPE
PANTERA PETROLEUM INC. (Form: DEF 14C, Received: 11/17/2008 13:30:39)
Last edited by chuck44l; 12-14-2008 at 10:27 PM.
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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Re: Pantera Petroleum - PTPE
So whats the filing all about?
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Re: Pantera Petroleum - PTPE
PANTERA PETROLEUM INC. (Form: DEF 14C, Received: 11/17/2008 13:30:39)The approval of reverse split of the common stock of the Company on a one (1) for twenty (20) basis, a copy of which is attached hereto as APPENDIX C (the “Reverse Split”). As a result of the Reverse Split, the record date of which is November 7, 2008 (the "Record Date" ), every twenty (20) shares of Common Stock owned by any shareholder on the Record Date will be one share of Common Stock. The resulting share ownership interest including resulting fractional shares for each individual shareholder shall be rounded up to the first whole integer.
We have had negative cash flows from operations.
From 10Q PANTERA PETROLEUM INC. (Form: 10-Q, Received: 10/20/2008 17:02:18)
To date we have had negative cash flows from operations and we have been dependent on sales of our equity securities and debt financing to meet our cash requirements and have incurred losses totaling $192,556 for the three month period ending August 31, 2008. As of August 31, 2008, we had working capital of $122,286. We do not expect positive cash flow from operations in the near term. There is no assurance that actual cash requirements will not exceed our estimates. In particular, additional capital may be required in the event that:
drilling and completion costs increase beyond our expectations; or
we encounter greater costs associated with general and administrative expenses or offering costs.
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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Re: Pantera Petroleum - PTPE
 Originally Posted by chuck44l
PANTERA PETROLEUM INC. (Form: DEF 14C, Received: 11/17/2008 13:30:39)The approval of reverse split of the common stock of the Company on a one (1) for twenty (20) basis, a copy of which is attached hereto as APPENDIX C (the “Reverse Split”). As a result of the Reverse Split, the record date of which is November 7, 2008 (the "Record Date" ), every twenty (20) shares of Common Stock owned by any shareholder on the Record Date will be one share of Common Stock. The resulting share ownership interest including resulting fractional shares for each individual shareholder shall be rounded up to the first whole integer.
We have had negative cash flows from operations.
From 10Q PANTERA PETROLEUM INC. (Form: 10-Q, Received: 10/20/2008 17:02:18)
To date we have had negative cash flows from operations and we have been dependent on sales of our equity securities and debt financing to meet our cash requirements and have incurred losses totaling $192,556 for the three month period ending August 31, 2008. As of August 31, 2008, we had working capital of $122,286. We do not expect positive cash flow from operations in the near term. There is no assurance that actual cash requirements will not exceed our estimates. In particular, additional capital may be required in the event that:
drilling and completion costs increase beyond our expectations; or
we encounter greater costs associated with general and administrative expenses or offering costs.
Hello everyone, i am new to investing in stocks and have read all over the internet that PTPE is a good company to buy stock off, i have a scottrade account and was thinking about purchasing some but know i read the above and would like to know what it means (in simple terms jeje). Is it still a good idea to purchase Pantera stock? Thank you guys very much, i hope to learn alot from you all.
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Should i buy alot of this stock...
I posted this someones thread (about PTPE) but got no anwer so i decided to open a thread on the subject. Is it a good idea to buy alot of shares in Pantera Petroleum (PTPE) at the moment, do you guys think it has good money making potential in the future. I am new to stocks and just opened a scottrade account for the 1st time and was thinking of buying some shares in PTPE (and EESO). I can't hardly find any current info on pantera and thier website doesent say much. Any advice? Thank you so much.
Disclaimer (jeje): I understand that any advice i recieve from any one on this site should not be taken as expert advice and i should do my homework and speak with a proffesional.
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Re: Should i buy alot of this stock...
PTPE — Pantera Petroleum, Inc. To me the chart on PTPE looked nice but is now coming down some. Support is at .04 that we have to hold. If we do hold .40 then this could be back in play to .06 .065 again as resistance.
Originally Posted by DameDinero321
I posted this someones thread (about PTPE) but got no anwer so i decided to open a thread on the subject. Is it a good idea to buy alot of shares in Pantera Petroleum (PTPE) at the moment, do you guys think it has good money making potential in the future. I am new to stocks and just opened a scottrade account for the 1st time and was thinking of buying some shares in PTPE (and EESO). I can't hardly find any current info on pantera and thier website doesent say much. Any advice? Thank you so much.
Disclaimer (jeje): I understand that any advice i recieve from any one on this site should not be taken as expert advice and i should do my homework and speak with a proffesional.
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here
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