Alamo Energy Corp only has about a year of trading history to go back on. They are definitely as some have quoted, “in developmental stage,” but let’s look at the numbers. It has already lost $0.94 cents from its high of around $2.50 a share in April 2010. While they have the prospects of a future technical breakthrough that would otherwise ignore mitigating factors, the benefits probably still don’t outweigh the cons. Some of my concerns have been its assets. Minus the equipment that is valued at over $1,000,000 the company claimed $22,765 in assists with only $3,053 in cash. http://biz.yahoo.com/e/101220/alme.ob10-q.html So the company itself is in a need of cash. With slow sales of only $38,594 for the three months ending in October 31, 2010 (according to Alamo Energy Corp’s 10-Q report dated 21-Dec-2010) and a low book value, the risk is definitely high. Due to current promotional efforts, there is a good amount of liquidity in stock, however I personally will wait until it’s come down another 20% and perhaps only pick up a modest 100 shares, just to see what might happen. Keep in mind that this is a fledgling company, and serious development could take 5-10 years to start up, if the company can survive that long? ALME ended trading Thursday, February 09, 2011 on a long, black candlestick, an indicator that prices declined significantly from its price at open. My advice for now is to simply wait.