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The proxies for AMEP have been mailed out to shareholders of amep whose shares are registered in their own name....My shares are in street name...I talked to the transfer agent and found out that the proxies will be availabe to diffeent brokerage houses at different dates between thursday and monday for those who hold shares in street or brokerage name like me...You will be able to vote electronically so keep an eye out the next three days.
I remember several one day drops of 500 points or more....these sharp corrections which i have experienced didnt last long but they hurt just the same...In fact, I stopped buying options as a result of one 508 point drop...glad i did also...This market was unfortunately begging for a correction...China and greenspan's comments seemed to do the trick in kicking it off.
Good timing on those ultra short funds also...Thanks Shmo and others for dxd and qid.
just bought some dxd ultra short fund...in case there is a correction.
Amep was capped by the MMs most of the day but the last 15 minutes they moved it up....excellent high risk stock for a run into early summer...imho....Very nice owning your own rigs...and that fact alone makes it bettor than other similar Jr. OGs without rigs.
Hemi energy up today from .49 to .90 and presently .68 on release of OG reserves report....one of these days AMEP will pop big....they have so much news to release including a reserve report at some point!!!!!!!!!!!!!!!!
HMGP announced OG reserves today and the stock is up huge...I hope AMEP will have a fantastic run like this at some point this year! HEmi energy up today from .49 to .68 and hit a high of .90....Wonder what AMEP's reserves are!!!!!!!!
Hi Peter....you have to get a long way away from the LV lights to see the stars really well...but when you do it is worth it.
sorry abut the typos....CEO has NO interest in amep exchange...he just wants to create a successful company...note his entire family is involved including his brother, wife and daughter and they have everything at stake...appears to be a shrewd, tight old Texas OG man with 30 yrs esperience.
Hi xlr8, I have no clue what earnings this quarter will be but i doubt they will be anything to write home about...and i am not holding AMEP for this quarter's earings....I suspect they spent a couple hundred grand in atty and CP fees to get away from the BDC which will probably be reflected soon....However, into the rest of this year(after this quarter) and after march 13th i look for a series of PRs that high lite new leases, new partnerships, new successful wells, little debt, etc....this CEO is a real tight ass....bear in mind that the shares expanded to buy the rigs and that was an excellent use for these shares....an unknown is just how profitable they will become and how soon....most are assuming no new shares will be needed....always that is something to keep an eye out for ...the ceo will not RS and has interest in getting on the american exchange....and i am comfortable with that...as always high risk and everyone do own dd and dont rely on me...what makes it special in my view for a penny stock is the fact that they have two rigs and all those acres to drill.
back filling on amep complete?
Gangbangers took over LV this weekend with the all star game here....shootings at caesars, MGM, and the strip clubs...glad they are leaving town and taking the rappers with them...amep now approaching oversold and correction on last runup about over.... I am looking for ntst sales to be up 30-40% and profits double which means the buyout price of 16.50 really STINKS...imho. We should have run up into the 20s by now.
very light volume on amep... folks wanted news and are selling because they probably wont get it until march 13 and then a ton of it after that....not many selling however.
GBVS looking a little bettor on the chart...wanted to buy at .34 and never pulled the trigger a few weeks ago...could be a summer jtime play for the health sports drink for kids...problem is we dont know if they are selling any...but how much do you sell in the winter anyhow?
Would like to meet also...perhaps in LV if not Seattle...thanks for the info...one last question: LV to Seattle is southwest, alaska air or america west...which would you choose? TIA
The proxy materials should be available thru our brokers next week...if they hold your shares in street name like mine do...I will vote my electonically thru schwab....or your broker may mail them to you....Plenty of time left before march 13.......A new board was created last night because the RB board is invested with bashers like mongo and pseeker....the yahoo board is a mess with some guy who goes by Devil something or other. I think they may be using Feb 1 as the ownership date to vote your shares but i am not positive....Ill keep an eye out and post here what i find out. Gary, i am flying into Tacoma seattle in aug and shooting out to for an alaskan cruise....How much time to get from the airport to the the ship departure area??? TIA...Also..Google "dreamsea Yacht"...It has 55 staterooms and hold 110 passengers and has 97 crew...will be going on a free cruise to Carib in april and flying there with some of the Wynn family on a private jet...should be a blast.
My guess: 200 million shares of amep held by the regulars on these boards....maybe more.
Amep is not your style....put it away and look at it in april or may....rngo is a massive pink sheet short squeeze....same happening to some extent to bdgr last week or two.
I am thinking about taking a first long postion on goog and nyx...any thoughts you guys???
some selling this a.m. (not much) as some investors are mad the CEO didnt release something on Yahoo about the March 13th meeting....no big deal...probably a descent entry.
Can this happen to amep?? Today RGNO announced one new huge well and the stock was up 240%.....amazing.
The reason amep is a penny stock is that it is a tiny company...they have about 197 wells that are producing or being refraced...mostly NG and some oil....They started to get interest from investors when they bought two of their own rigs(used a lot of the A/S to buy the rigs)..They have drilled 4or 5 new wells which they will release production numbers on after the march meeting....AMEP has wholly owned units and their production numbers are not made public so the revs are masked....after a positive vote on disbanning the BDC, those numbers will become known along with the results of the new wells...Rumour has it that one of the wells is so powerful it was shaking the ground...interestingly they have filled to drill more wells very close by to the possible monster..if in fact that is the case....some horizontal drilling may be in the cards.... they may also be planning on renting out one rig at a high dayly rate....I am MOT looking for a rocket ship here and would be happy to get to .20 by this summer..please do own dd on this high risk ventur as i have been wrong before.
Yahoo and others havnt even picked up the news on amep...could be a good day monday as people find out what is going on over the weekend....note, however, that they most likely will not release the production news on the new wells until after the meeting on march 13th...so a climb in price would not be unexpected for a while...personally i hope it is slow and steady rather than a one or two day event...when the volume exceeds 25 million in a day it may get toppy for a while...there have been days in the past of over 100 million share volume. There are quit a few really big shareholders of this stock who are looking for higher prices this spring.
NG shown as 8.02....about time!!!!
Yes it will be a write down to costs but dont forget the 7000acres of reserves will be valued IN for the FIRST time!!!
Shmo and Gary...Nov is a great month for a LV get together...weather is good and rooms are cheaper...Gary, the Ihub board has the info and so does the RB board on amep...man i hate the RB board though...Whatever the GOLDEN CROSS is (50 day passes the 200 day or whatever)...the chartist say it will happen probably monday or tomorrow to amep and bring some more new buyers into the stock...the MM know that and I dont have a clue what they have in mind the next few trading days but it should be interesting.
thanks f.o.s...hope we make some good money this spring on this one.
Hi G: I didnt make that show in Nov.....Hopefully we will have a big party in LV this fall in the cool weather and I will be the host.....20 cents by july 4th would do it for me...go amep...
SEC approval news after hours for AMEP to proceed with meeting to change form BDC to regular production oil and gas company....stock should start up tomorrow or monday... meeting on vote will be march 13th...much news expected thereafter on drilling results...FINALLY!!!!!!!!!!!!!!
I road almi also...wonder if they will ever find a buyer for the nano clay they promoted?
Such a happy, smiling, positive person you are(not)
nete went from under a dollar to over 90 dollars and then back down and was finally bought out at around 10.....what a ride that was a few years ago.
Strange Pseeker there was no "verdict" was there? You are here to bash for "entertainment" as you posted before in YOUR OWN WORDS>
presently, looks like some nice buying going on with amep.
Zaf, that was a great story...i am still laughing...and i love the "i see dead people" too...of course i just finished my 3rd vodka....
All bow down to STAN....repeat after me: "I will listen to STAn at all times." Nice job again Stan, my main man.
THK and AMEP showing strength.
THK: Janus fund has recently accumulated one million shares..things could get interesting
Lot of buying on amep and the MM have capped it at .08 so far...what control they have today!!!!!!!!!!!!!!
i picked up 125000 from .077 to .079 this a.m. for family members in relatively small chunks....other orders remain unfilled.