Amg Bioenergy Resources Holdings Ltd V.ABG.H

potential reasons for floundering of late

[billbarilko]

I got off the phone with my broker who mentioned a few reason as to why this has dropped so sharply over the past couple months. 1) all oil stocks taking a hit (OK we know that) 2) there was a recent election in Azerbajahn that is currently being contested. Nothing new for this region that is developing away from the former Russia. The good news on this front is that both the existing and challenging regime both favour strong western economic ties especially on the oil front. Now this political unrest has dampened any enthusiasm of the recent production. Apparantly they are right now producing in both Azerbajahn and Kazakstan and we should expect numbers in the 8 to 10 k per day so let's hope this will help life the stock on the 21st. My guy says to hang tight...and I've rode this thing from the .90's up to 2.50's and back (yes I should have dumped half in the 2's but everything was pointing to this being a 4 dollar play. Anywho, let's hope our collective patience will be rewarded!