We're all guilty of chasing the red herring in recent days.
Announcement aside, step back and consider where we were a year ago. "Infrastructure shelved!"
There are now strong indications the infrastructure will go ahead even if PDY has no involvement. Barnett calling out China or more specifically CITIC.
The question now is not ownership in PDY but rather ownership in ANY company with ties to the Midwest.
I still hold the view that non-holders are livid because PDY is one of the remaining pennies in the Midwest that could really move on news the infrastructure will be built. If the announcement is legit, buy in at 7-10c & hold for the LT as it can only increase or are you so greedy that you cannot stand the thought that others here bought in at 2c like myself. ;-)
Closing price was 3.3c so even if it bottoms I'll be back to where I was a week ago if maybe a little lower. But if it moves up... well !!!!!!
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