What the heck is going on with Pyramid Oil (PDO:AMEX)?
Today's Financial News - Posted June 18, 2008
Baltimore (TFN): I only wish I knew what was behind the dramatic rise of Pyramid Oil (PDO:AMEX). After going up over 20% yesterday alone, it is now already up another 5% or so.
As reader J.G. commiserated, “I don’t get it. The financials don’t support the price. 13 employees… $3.10 in March.”
I hear ya, J.G. Somebody must know SOMETHING but they’re not telling.
Yesterday, I suggested you use $23 as your stop loss. In light of today’s action, I recommend you bump that up to $27. That would be just over 40% gains if you got in on our June 5 Editor’s PIC recommendation.
Laura Cadden, TodaysFinancialNews.com
Next Article: 98% Gain in One Week, 82% Gain in Just Three Days!
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