Post by
sharkz on Jul 10, 2008 6:06pm
Buy Territory
Been starting to nibble at these prices. It's not surprising the stock has been knocked down. Recession fears = lower commodity demand= no demand for exploration. However if you believe that the worst has been priced in, especially given Aeroquest's foreign diversity, then the company might continue to achieve net income going forward of 3.25 million / yr , over 9 cents a share. $1.80 is a reasonable buy point