Austin Engineering Ord Shs V.ANG

Another let down--yet agian

[SAMITHEBULL]

On the May 31st new release,ANG stated: "As a result, Montana production is expected to double from 1.5 million cubic feet per day to three million cubic feet per day, and with Alberta increases, total corporate production is expected to increase from 610 barrels of oil equivalent per day to approximately 1,000 barrels of oil equivalent per day by the end of the second quarter." As some gent already stated, they do not even give a target date for the company to reach that 1000boe milestone in this latest press release.That my friends is the real reason the stock is being sold-off...yet agian. You can't continue to fail to deliver on your promises year after year and expect the market to support you. people just get fed up and just move on.Given what is happening today, a few more holders just put up the white flags. Under .50cents,ANG will start to look like a reasonable speculation again. Cheers samithebull P.S.Shambo I feel for you buddy,but that is why it is always vital to set time and price targets before buying any stock. that was the only reason i sold out of ANG.I basically got tired of waiting after 2 years of let downs,and here we are 9 month after i sold and they fail to deliver again(stock is down over 40% from its high, when almost every oil/gas stock has reached new all time highs the last year).