the desperation selling continues at pace again today with the...

the desperation selling continues at pace again today with the bots even joining in for some entertainment.

some months ago PB sent out a note to shareholders telling us how undervalued the company was at 4c and the market would eventually assign a more realistic value to the company's assets .... well from todays low of .32c we need to climb 25% just to reach the dizzy heights of undervalued @ 4c.

here's an even scarier proposition ... 1/3 of what remains on the buy-side volume depth is scattered around the 1c handle. some must feel the enterprise value of ndo will soon fall below it's cash reserves and a zero value will be placed on it's current oil producing assets and future production prospects.

big week ahead ... qrtly report out and maybe some announcements from the boss.