VolumeWith little or no volume AOI seems to be being pushed lower very easily. I beginning to wonder if someone is trying to trigger stop losses and then buying them up. I hope the volume improves.
The other questions with oil at over a 100 dollars a barrel maybe it time AOI buys some gasoline tanker trucks and begin ship oil to a port.
A gasoline tanker truck holds 9,000 gallons of gasoline. Since a barrel of oil is 44 gallons, one can assume that an oil tanker truck can haul about 200 barrels of crude.
Based on 100 a load AOI could pick up some nice money and begin to cover it cost.
15 trucks 3000 barrels a day , 300,000 dollars a day.