Results sound good so far for long time longs here in AOIL
Let's hope for continued good results!
You guys happy about results? I am. They found oil in 40 feet. They can go from there and keep going from multiple zones horizontally....this is a win...but not sure how much. Oil companies especially small ones always cite the potential....I'll see it when I believe it but I think I will add about .10 cents a share in todays value on confidence alone...I see .30s approaching soon and if a plan on drilling again materializes and a new reserve report...easy over $1.
Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%. At least sell half, and ride some free shares. Have some stocks, EM, bonds, real estate, etc.
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