GREY:ARWJF - Post by User
Comment by
Kalvin007on Feb 13, 2013 5:40pm
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Post# 20984396
RE: RE: Green and LeRiche Today...Well Done!
RE: RE: Green and LeRiche Today...Well Done! Everyone who sold today was under the impression that ARW would hit 1200 BOED or exceed that target, coming out with only 1020 BOED was a little disappointing. However, all the pumpers and dumpers are out now, we have a consolidation taking place around 50 cents now. You will probaably see the stock bounce around between 50-55 cents for a while until the news comes out about the increase in production (probably around 200-300 BOED). From there it will be the next leg up into the 60 cent range and higher. Also, now that ARW is producing more than 1000 BOED you will see them on the map for institutional investors etc.
This is a winning stock with a wiining team, long run this stock will be tarding at a few dollars a share in the next 3-5 years. Until then we will see some ups and down, its all what you beleiev in the company and yor ability to accumulate more shares on the dips.
Kalvin