GREY:ALSVF - Post by User
Post by
petunia1on May 01, 2010 1:38pm
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Post# 17052318
Considerations...
Considerations...When investing in junior/penny stocks there are several things to consider:
First of all, when investing you often "buy the jockey, not the horse": this management team has a proven track record. There are some real oil and gas men here having taken Dynamic Oil and Shellbridge Oil & Gas from pennies to dollars with an eventual buy-out/takeover.
Thus far Alston's acquisitions include existing production and the potential to grow production further.
For a relatively new company with a low share float we are off to a good start.