Post by
jefft66 on Feb 12, 2013 7:25am
I hope both of you are right!
I got hurt bad by another stock last week. I missed this pump and dump and waiting to catch on the next.
Comment by
metalmoney3 on Feb 12, 2013 8:26am
Would you please be so kind as to explain why you think this is a so called "pump and dump"
Comment by
SizzlinSteaks on Feb 12, 2013 10:45am
I think he is misusing the use of the phrase "pump and dump" for the surge to 9 and consolidation back 5.5. This is definately a long term hold....not a "pump and dump". That would imply there is no value when in fact there is significant long term potential here.
Comment by
RE38 on Feb 12, 2013 4:18pm
Maybe they are preparing for a PP? They certainly have enough cash for 2013, but their work commitments and payment schedule to meet their various JV agreements will require more cash in 2014. Better to be smart and lock that up now then wait around when cash has been very tight for Venture companies lately.
Comment by
jefft66 on Feb 12, 2013 4:26pm
how do you do a PP at 6 cents?
Comment by
grinder2 on Feb 12, 2013 7:25pm
you issue 100 million shares at .05 cents.....there is consolidation written all over this if they survive....
Comment by
Anatolia_Run on Feb 12, 2013 7:27pm
They are not going to do a PP down at this level. The company has already stated that they have enough money for 2013 to accomplish what they intend on doing. They will wait until they get some positive news on fracking wells and have some flow rates before they go back to the market for funds.
Comment by
mouserman on Feb 12, 2013 8:17pm
A farm-in agreement with Shell or one of the other majors is far more likely than a PP at these levels. If AEE hits multiples zones of pay sands in the Dadas shale, we could even see a buyout. AEE is dirtcheap at this level. One only has to look and see where the stock was trading a year ago.....
Comment by
investorjay on Feb 12, 2013 11:38pm
NFK drilling news out soon.. NFK is next PFC
Comment by
bugalabuga on Feb 13, 2013 10:35am
Farm-in. Agreed. CIBC sucks. Agreed.
Comment by
sdeell1 on Feb 13, 2013 10:41am
could be wrong but it appears RBC has been heavy on the buy side for the last 3 or 4 trading sessions.