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Me too but when you start making things up in an accusatory manner, it doesn't serve a purpose.
Surf is the man... I didn't get his sense of humor... Go AERN! He gives great intel and DD for some posters its never enough and keep trying to find fault. If AERN is too uncertain for them then they can invest someplace else.
Agreed
Agreed!
Got it Guynm. Doubters move along please.
You can read my prior posts in support of AERN. I'm long w/700K shares.
Domestic Oil is a hot topic right now with gas at $5 in some places in the country also unheard of to be this high so early in the year. Forbes recently did an article on domestic oil producers and cited Lucas Energy, Chesepeak and AERN. I'm sure AERN writes their own P/R's sometimes and posts them to various news sources for publication. I'd rather see them write their own than spend money hiring a $$$ PR firm. Stan is attorney, I'm sure he can handle basic news releases until they get some real positive cash flow to focus on other things like updating the website and pubic relations.
Agreed, hoping to get money cleared tomorrow to pick up some more... problem for me is when to sell. I believe we'll hear news about Kansas, OK, and Riverton in the next few weeks.I suppossed I could sell half and cycle the other half on the ups and downs... just don't wan to be out when the big news hits... I was surprise to hear it could possiblly be OK in this week's P/R. Via P/R's I figured Kansas and Riverton would be sooner. We shall see...
Surf knows best but I think end of this week.
Sure, but why sell days before big PR's are coming out? Why not wait until it's higher.... I think it's just MM's lowering prices so they can profit. Stan or Al would be stupid to sell shares if they know good news is coming. Frankly, I don't mind, I picked up more at these low proces and will pick up more tomorrow if they're still low....
Surf, Which project(s) are the 12 wells from?
I'm holding 500K of AERN at TDAmeritrade but its chilled so I can sell but not re purchase... I opened up an Etrade account and trying to transfer my accounts over to Etrade, problem is ETrade doesn't accept penny securities as a transfer.... So if I sell then transfer it will take 8-10 bus. days....Uggh..Ditch TD and go somewhere else where youc an trade pennies...
Lucas Energy (LEI) jumped 15% today based on the same news article. AERN has huge potential!!! They're identical business models! AERN is ground floor LEI has been around a while and only has a couple million(1-3mil) in earnings/year.
$1 - Does anyone think this stock will be at $1 with in the next 6 mos?
Domestic oil production increase... http://online.wsj.com/article_email/SB10001424052748704865704575610734039395358-lMyQjAxMTAwMDEwNjExNDYyWj.html
Lucas Energy (NYSE:LEI trading at $2.67) is probablly not a bad example to compare AERN to. AERN has the potential to be bigger and better than LEI if all of Stan's deals go through. Seems like we just need to keep adding wells increasing BOPD. With each new lease/well we add more BOPD. Just a matter of time before we're pumping several hundred BOPD driving this stock over $2/share.
Surf, Any word yet on the 100 wells in Kansas?(PR dated November 2011) What about the $2 million deal signed with Black Gold Exploration?(PR dated October 2011), $750,000 Muliplex deal?(PR October 2011)$1.8 billion potentially with Riverton Energy?(PR October 2011) Just curious, since the ball is rolling with AERN's first 6 wells....where are the next wells coming from?
Business41588 - TD put a CHILL on it! for TD accounts! Please be a little be more professional in your posting.
Dumping TD Ameritrade for ETrade... No more Chills for me! Unfortunately I can't do much with my 500K of AERN for 8-10 days... but then who knows how long the chill will be in play... I'd rather be long on AERN than sell it and be out of the game until the chill is off only to see it get chilled again...
What is the best platform for pinks?
AERN is on a CHILL! I can't open any new positions! Argghh.... Damn TD Ameritrade! Anyone else having this issue?
We shall see...
Looks like he has plenty of deals in the works.(Mulitplex, 100 wells in Kansas, Rehoboth, Black Gold, Riverton, Texas Energy, etc.)We need to see oil pumping! Tangible proof the deals are coming to fruition! Anything else is just speculative. I picked up another 200K shares this morning.
SURF... Rehoboth oil wells should be producing by now, waiting to hear about it any day now! What do you think?
WOW 12 million shares in 15 minutes! over $.0085!
contrerasa87 Lets hope so. I'm long in this too, was hoping for real earnings based on all of the deals last quarter.
What happend to all the wells that are suppossed to be producing by now?... Why is the financial statement buried on some obscure website?
AERN earned $192K last quarter with no earnings based on oil producing wells... Is this correct? Pretty poor if you ask me...
There are a half dozen JV projects in the works: Black Gold, Texas Energy, Rehoboth, Multiplex, 100 wells in Kansas and a potential $1.8Billion project with Riverton... If I were Stan I'd get all my easiest projects online and producing oil with a steady income stream then develop Riverton Energy. The $10 million Letter of Credit will go along way in bringing theses projects online. Adding 3 new wells with a whopping $250K per year means little to nothing for this stock price. You guys better be hopping of more than $250K/year in the next PR! I'm hoping for a big Q1 and Q2 in 2012. We'll see what happens...