ARW holding well with good reason. I am back from 2 week vacation and see that ARW stock price is holding well and it should with all the recent positives. Really think about what has happened and/or is happening.
-Aroway Energy ranked 5th among the top 10 Oil & Gas Company's
-recent mergers/aquisitions have occurred in the Peace river area.
-siesmic program on new...NEW... lands
-3 wells recently tied in should have production numbers out soon
-possible high levereged well being drilled soon that could add as much as 20-25% to the production total
-Oil trading at $102 so netbacks are near $50 a barrel
-focused on oil and condensates of 80% plus of production
-insiders continue to buy on open market and great shareholder base including me
-Management proven in past to build companies to buyout position which hopefully takes longer
Listen, if any readers are still on the fence you really should just not look at investing in great up and comming oil companies. At the current share price there is upside potential that many still don't see. Sure there are some posters on this board that have sold some of their postion when the total value of their holdings in ARW have gotten to a point where the value is just too big. There are other posters that have a slant to the downside since they sold some or all their position only to see the share price rise and they are upset. There are even some posters that have a slant to the upside since they have so many shares in ARW and continue to add to their position. I think I hear a bell ringing soon so go do the research on ARW and compare it to what you own now and come join the ARW shareholders club. All in my opinion and I put my money where my mouth is with over _ _ _,_ _ _ shares currently.
-