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Three wells that are specific to my interest.
Hart 2, Murphy Nash, and especially the padgett 11.
I'm not going to speculate the share price on that.
I was hoping to be knockin on resistance of .145 before this but,
if ain't always something.
Soon Dart. Very soon.
ltg
Good morning Dart,
It may be so. No PR of the meeting was advised. WTF knows at this point and we move on to the next leg. If they don't announce the results of the dissolution of the BDC status ( I'll be shocked) and maybe it will then be time to nuke the entire company. lol
With the beginning of the next trading session on Tuesday we will have a scant 15 days of trading prior to the vote. The drop to the 7 mark was on very light volume and I see selling at those levels drying up very quickly next week.
There are traders looking for shares at these low prices. I do not see the threat of 06s very significant and if I was trader, I wouldn't be hanging my hat on 06 buys.There were no sellers yesterday at the 6 bid nor should there be at this point.
So at this point we have a short wait to see the story play out.
The next leg up gets us to between 10 and 12 cents. Get ready.
ltg
first off folks with those big positions have bigger fish to fry then 9 cents and second, they couldn't get out even if they wanted to. There just ain't enough volume.
Charles Bitters was given the reasons to PR this meeting and declined. I would love to know why. I think there would of been an excellent chance we would of remained in the 8s and high 7s worse case scenario. Maybe popped through 9. Not flirting with 6 like today.
He doesn't want to spend the money is the answer I suspect.
We'll never know.
1 million. What about the ones with 3 to 5 million shares. Just watched 50k to 60k disappear.
Rook I just finished an excellent book about JH. His dad re married. It must be from that marriage the brother you hung out with?
I'm figuring that one out right now. Get you kid a guitar and you never know what might be the result.
Jimi had it hard and didn't have a decent guitar until he was 18 or so. Look what he did in a very short time.
I have a stratocastor and am playin along to some hendrix.
jimi was awesome.
lmao lol lol I needed this laugh big time.
joes contribution so far as been minimal at best. And the BS that comes along with him overwhelmingly negates any positives. Where do you come up with this stuff birdseed?
GOOD!!!!!!
"I have taken the time to let the company know where I think they have dropped the ball and my feeling is though it has taken a long time I think it has sunk in and will be addressed shortly."
Let's clear something up here. Joe Christopher is not the company. Joe is a smooth talkin salesman and will pack your butt full of the stinky stuff in a heartbeat.Joe is a liability to amep and I don't stand alone with this opinion. His job is to sell partnerships end of story. Joe has nothing to do with the success of this venture IMO nor will he have any effect on the near outcome of anything.
If you don't have your info from Charles Bitters himself or you have not personally stated your concerns to him, then you have not talked with the company and the powers to be as like to say. The positive outcome of things to come are on the shoulders of CB and his brother.
Have to agree with you. The chart is a tool but with out the goods to back it up, it don't mean crap..
Besides, it will be a cold day in hell before "mrditbme" deletes one of my posts.
ltg
Some thoughts about yesterday's action.
When the bid wall is thin for buys, that is when the MMs can do their razzle dazzle. Yesterday I suspect that the MMs saw the premarket sells overwhelming the bid and set up the sell wall @.078 for everyone to look at. They can see the bid numbers and sells, we can't. A major advantage for them. It takes a minimum of 5000 shares for retail traders to get on the spread, none for the MMS. Another big advantage. It only took about 250,000 shares to topple the bid wall and with no one on the bid with anything substantial, then the MMs take complete control and before you know it, they are scaring out shares considerably lower on light volume.
If someone had been on the bid at.075 for 500,000 plus shares, I doubt we would of made it to .07.
Yesterday's close at .073 was only a 6% drop on less than 2 million shares. A pittance for this stock. I say we move back up next week and as we near the meeting date folks will want to be all in.
ltg
I can't get in either so I don't know what to tell ya.
With birdseed being made a moderator, my interest in the site has dwindled dramatically. He was tosed from RB for being a complete idiot and now posts here on this board and RB under investorlose. Contractor and Hawk I have no problem with at all. Two great choices.
I'm sick of the boards anyway. We all know what has to happen here. Hang tough.
todays chart looks intact and am hoping for .074 close or better today to keep the rsi positive.
ltg
http://stockcharts.com/h-sc/ui?s=AMEP&p=D&b=5&g=0&id=p75773148363
Someone who happens to talk with CB in the next while ask two questions.
will I have to find out the results of the meeting via a penny stock message board?
Will the end of the BDC status constitute a significant enough event to warrant an official word from the company?
And please. Lets not have any posters telling me those are silly questions.
ltg
That someday needs to come next month. I don't feel like some on this board that seem to have unlimited time to let the story play out.
They have 5 weeks to get their sh.t together and have the padgett 11 working, the hart 2 and the murphy nash. Perhaps they will have another drill underway by then. I'll decide then on what to do.
I pounded the table all weekend because I saw this happening. I had sincerely hoped to be wrong.
Sorry about the negativity. It ain't the boards fault for this.
If I'd used the knowledge I have gained over the last 16 months about this company I would of been ready for this and thus leaping for joy for this drop.
Now I watch it ride back up and go through the whole process all over one more time.
last year I sold my stock in the 8s after the climb from 5 and it went to 14. This year I keep it and have much more and the stock tanks.
I can't win with this POs.
I'll keep trying as long as I can.
fwiw I downloaded a new java version and maybe coincidence but the new market trader is working satisfactorily.
blah blah birdseed. It's all useless rhetoric.
Your's and mine.
The stock will level out here and climb back up. Not to worry investolose. I get confused with all your IDs.
I'm disappointed I didn't plan on this. I used to call myself a trader.
I'll have a good laugh at myself on that one.
I have bought stock all the way down from the high 8s to the 2s and rode it all back up again and held on to all of it .
Don't blame mongo and me on the wild stock swings.
That all goes right on the shoulders of amep.
the new market trader is running fine now. Good enough to watch my money disappear. I should of dumped this POS on MOnday with no PR.
Too late to sell now. Not down here.
alpha trade?
I have the new version of market trader running and the level 2 is incomplete for amep. I tried etrade pro this am and it worked for a while and disappeared for amep.
apparently etrade is getting their market feed from another company for the new versions and they are not going to have all the stocks included in that feed until the first of may.
Next week I doubt you will be seeing any level two with this stock.
No it won't and here is why. The stock has hung tough even through the second predef14 with no guarantees and now the meeting is set.
Most will stay with the stock through that period.
News of the outcome and subsequent gas flow news will probably move the stock back up prior to the meeting . When traders see that the stock is holding at these levels which it will, they will move in and buy for the next leg.
your right. Please excuse.
And wouldn't you know it comes from MR. D who says he pays 50% on short term gains. hmmmm
Why was it you were posting to mongo about another 10 day waiting period which there is not, and further confusing posters such as Tim Harmon.
Not planning for the ole amep texas shuffle, 1 step forward, two to the side and five backwards, was obviously another blunder on my part.
there's always a deal on with this stock.
If I was buyin I'd be doing it here.
yawners?
yeah it always makes me pleasantly sleepy watching money disappear out of my trading account.
The mindset of this company would be comical if I didn't own it.
The first meeting attempted to ram it in, in a few short days in Dec to catch the year end and this time they put it out almost 5 weeks from the notice. Fly the meeting under the radar for some esoteric reason and bingo, we are down 30% from recent highs and trading back where we were 3 weeks ago.
Anyone that says they are happy about that is FOS.
It could of been avoided.
The 50ma should make it to 07 for some decent support next week and the 20 sits at .077. Hopefully we move back to that range.
http://stockcharts.com/h-sc/ui?s=AMEP&p=D&b=5&g=0&id=p61610572157
"sabregold's 'AMEP' Yahoo board and message thread. sabregold and many of his followers are experts in chart and technical analysis. Fundamentals are also discussed on this thread.
http://finance.groups.yahoo.com/group/AMEP/"
little tough to switch horses in the middle of the stream at this point with the proxy BS happening any day.
When I get back to Savannah scottrade is my stop.
the switch over if you want them to transfer is 7 to 10 days,
That's too long.
Had I know the meeting was going to be unannounced and pushed out a month, I would of done things very different.
next week no level 2 for amep with the new etrade platform. They know that lots of otc stock feeds are not working on the site but they opt to change it anyway.
That's just as dumb and inconsiderate as amep and Charles Bitters leaving this as the last PR when there was an opportunity to change it to something positive.
http://biz.yahoo.com/bw/061220/20061220006006.html?.v=1
"sabregold's 'AMEP' Yahoo board and message thread. sabregold and many of his followers are experts in chart and technical analysis. Fundamentals are also discussed on this thread.
http://finance.groups.yahoo.com/group/AMEP/"
" I do not have a full load"
man that is the understatement of the day and posted correctly to the right person who suffers from the same condition posting up stuff that he has absolutely no clue about.
investorlose on rb which is the second moniker on that board.
I found it now if I could make use of it I'd be in action
SA do you have the link to stockhideout ?
flabbergasted to not interested all in about 20 minutes.
thanks again for your support through the weekend. It's always good to know who you can count on.
your mongo and pseeker duty is enough.
cb doesn't believe in PRs. You can read about results in the quarterlies and tell your friends about it while doing the laundry.
today is your verification. Why you find any humor in this after 2 years of this BS is beyond my scope.
later
I tried to get something done here in the last couple of days and all you did was to say how much you were certain they would issue a PR.
thanks for all your help
gloating my azz ctb. I tried to tell you and you just like to argue.
I'm done talkin with you.