PROP

$PROP was the only stock in my portfolio green today. Go figure.

$PROP This board has gone to shit. Not worth reading anymore. Anyone who has the time to post on a stock board 100 times a day is only interested in spreading crap to support their trading position (short in this case but could apply equally to longs) and is not worth listening to.

$PROP Way more upside reward than downside risk at this point.

$PROP no point engaging with someone obviously short the stock. No one sits and trashes a stock they are long on or worse has no position. Everyone has a motivation. Dilution is already priced into this stock at worst case scenario. That is my opinion and hence I am long.

$PROP A lot of moaning on this board. 2 choices, sell now and get out at what should be close to the bottom or believe in the oil production capabilities that they have and hold for at least the next 6-9 months. If you are looking for a quick momentum flip then this is not the stock for you. This is buy and hold and wait for them to get all their wells online. Understood that it would have been nice if they got more wells in production before the last earnings but they didn’t. No point yapping about it. You either believe they will reach max production at some point in which case a $2 stock is terribly undervalued or you don’t and sell. My main ask would be the company keep investors more informed as they bring additional production online.

$PROP. Institutions are snapping up shares. Ownership % going to go way up. This will be close to $4 by end of next week. This baby will start climbing.

$PROP P/E is 2 ?. For a company growing at 400+%, profitable, with growing cash flow. People realize that the fully diluted share count only comes into play at share prices basically double from here right? And even at a worst case fully diluted level they are insanely cheap. We are already at the floor. Anyone selling or shorting at the floor needs their head examining. Buy, sit on your hands and wait patiently. It’s not a race.

$PROP. Doubt it will get there but have my buy orders in under $3. Can’t believe people are actually selling this at these prices after those earnings but I will take advantage.

$PROP The numbers can be analyzed and digested to death but even under the worst possible dilution scenarios the answer still is that with a stock price of $3.20 and a market value of less than $150MM this is grossly undervalued for a company increasing revenues and net income at this high a growth rate.

$PROP Really can’t understand anyone selling this at a stock price in the $3 range when it trades at less than a third of its true value. What earnings metric are people looking at relative to the $150MM market cap of the firm that would indicate that it is anything other than wildly undervalued? They are making net income equivalent to the entire market value of the firm in less than 1 year. I don’t get what the heck people are looking at. Whatever, I will buy more. Everything reaches its true value at some point.