OTCPK:AETLF - Post by User
Comment by
swingtime2on May 10, 2007 11:56pm
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Post# 12763215
RE: Sinking!!!
RE: Sinking!!!I agree, no upper management would utter something so juvenille as that. Although I am a bit nervous with the current SP slide, I am not going to dump my shares until news comes from the horse's mouth. I look at the market orders and they consist primarily of small investors selling their thousand or two positions. The fear-euphoria pendulum is clearly tipping towards fear with volume almost growing exponentially over the last four trading days.
I agree, as well that this company is not going away in the near term, with current North American production at 2000 boe/d and expected 2007 exit production at 2500 boe. We have swing traders nervous and trying crystal ball the Egyptian drilling results. We longs are hopeful of success here too, but hey, with good NA properties there is good potential for this company beyond Egypt.