Post by
tooez1 on Jan 02, 2015 12:07pm
Positive factors to consider
Energean either has drilled or has intentions of re-drilling off shore Israel re: Sara and Myra. ADL has an option to acquire 5% of the holdings from Geo Global for $1.2 million, but in its sedar report suggests that it is not important. I believe it may have some very positive possibilities.
Just over 12 million shares out with 2 entities holding just under 10% each with management/insiders still holding theirs, and a few others (including me) continuing to hold for a few more per cent.
Management has kept this stock going (albeit barely) and likely has close ties with important entities wanting this area to be developed as a future necessity.
Another major find in the area as mentioned by a poster is an important consideration.
Very low oil/gas prices enables anyone to accumulate....BUT, seemingly, there is very little in the ASK levels to buy. This may be due to Myra/Sara and Energean....maybe something else with this low float and tight holding pattern and management connections???
My gambling money kept being added almost to the end of 2014 from quite awhile back with most after the splits....anyone entering now , with any positive announcement, may do extremely well....the key, of course, is a POSITIVE release...hopefully after a jump in price leading to a PP.
Never easy; never a certainty...but this seems like a great gamble at this point. Don't over bid and don't get greedy; but, I believe there is something positive on its way...I didn't overbid, but I did get greedy in stock accumulation. luck all...especially those that avoid the "venture"....LOL....
2015 with some luck and a turnaround in oil/gas may perhaps be ADIRA'S year....or not...gambling only...