I'm currently being threatened and disaparaged by an overly enthusiastic shareholder for asking someone a question about $panr.l. I'm now very interested in this stock. I don't like being threatened, particularly on my birthday If anyone has info on it, please share here. Thanks!
Here's what I know so far about Pantheon Resources $panr.l
1) channel checks turned up poorly
2) smart investors I know are short the stock
3) the company previously had a "large discovery" that was ultimately uneconomic
4) there are wildly aggressive shareholders
I am not an exploration geologist, but I have looked at a number of publicly traded exploration stage oil and gas companies. Most have not "worked". Insiders have often ended up paid regardless. And insiders recently sold at $panr.l twitter.com/Josh_Young_1/s…
Directors selling millions of shares of Pantheon Resources stock, and then being "awarded" the same amount of shares. Not a good look. Not involved, no recommendation. $panr
I am also not involved in the stock. I am currently not short any stocks (other than long small put options positions on etfs and $aapl as hedges). And I'm making no recommendation. But this experience is disconcerting and I thought I'd consult the hive mind. Thank you.
Scott. I am currently short PANR because
a) I do not have the oil there
b) I think the management are lying.
And yes - this is my opinion. I do not have to justify it to you.
And if I am wrong I lose money.
now politely take your sanctimoniousness elsewhere...