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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Comment by green_CCZon Apr 01, 2014 4:13pm
184 Views
Post# 22397509

RE:Unfortunately, those with large positions won't be able to

RE:Unfortunately, those with large positions won't be able to OR ... more likely, the share price will jump and breakout when somebody who want a large position will start buying given much improved fundamentals ...   as an example, UMB, a very iliquid stock  jumped 200% on speculation in the last 2 days ...  

ARW is not really illiquid, it has many days with decent volumes, and not too many sellers anymore at these levels ...  I would expect it to move for real reasons soon like production increase, assets updated, big cost reduction, reserves, lower debt soon to be zero, etc  ...    


when big brokers looking for good undervalued juniors will start taking bigger positions in ARW ...  we've seen it before, we'll see it again ...    good luck! 


Bullboard Posts