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Re: alchemytrader post# 295

Wednesday, 03/18/2015 8:48:57 AM

Wednesday, March 18, 2015 8:48:57 AM

Post# of 509
Early morning dip opportunity seems to be sitting there at the open. From yesterday's Dow Jones news wire:

"10:18 EDT - While oil-and-gas revenues rose 40% last year for American Eagle Energy (AMZG), the company is a grace period with bondholders after a skipped payment amid slumping oil prices. And now, the company says it didn't file its annual report with the SEC on time. AMZG is still analyzing its liquidity and couldn't make the filing deadline because of new disclosures necessary for the report as a result of the skipped payment. AMZG also says it's written down the value of its properties by $79.4M because low prices have hurt the value of its reserves. Shares are down a penny at 19c to put the week's drop at 17%. "
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