PetroTerra Corp. (OTCMKTS:PTRA) Comes Crashing Down

PetroTerra Corp. (OTCMKTS:PTRA) has already lost almost a third of the market value it had achieved during its peak. Care to wager how low it can go?

We warned you about PTRA as soon as the first promotional e-mails hit. Even Seeking Alpha took notice of the massive pump campaign, and although author Hunter Straus was obviously biased when he said that PTRA will “Crash And Burn”, he had it right.

PTRA is headed down hard and fast, and there doesn’t seem to be anything that could stop it now that the pump e-mails have stopped flowing.

Friday saw no pumps from Wall Street Report hit the web, touting PTRA‘s stock. It’s like the promoter just gave up on the whole ordeal altogether, once it was obvious that there would be no way to stop the train wreck that PTRA‘s charts were quickly becoming.

Still, both the pumpers’ withdrawal and the ticker’s sudden decline is to be expected – after all that’s how paid pumps work.

The only real unknown in this situation is whether or not the next round of pumps, if it happens, will be able to take the ticker for a dead cat bounce, before PTRA ends up illiquid and traded for less than a nickel. Because if experience is any indication, that may be the fate of the ticker before long.

Of course, there are always opportunistic investors that may attempt to make money out of trading PTRA stock. Since the ticker is still higher than It was a week ago, they might just manage to do that yet. However, said investors should be quick and decisive in their trades, as anyone still holding the bag when the final crash goes down will likely suffer horrendous losses.