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Alias Born 01/21/2006

Re: None

Tuesday, 12/05/2006 10:38:29 PM

Tuesday, December 05, 2006 10:38:29 PM

Post# of 13422
Stan, It is monstrously oversold and there is still tax loss selling....I think it will be up but it is going to take production news about the wells in january to really get the ball rolling...I believe every single well has either oil or gas but i dont know how much; I believe once they are in production they will use the money to fund new wells near by...Anyone getting in this stock this cheaply should have a nice gain in 2007.....remember, AMEP won the stock picking contest in 2005, but I ama big loser in our contest in 2006 with this one...this year was so disappointing with no announcements but they didnt want to announce until the bdc is gone and the proxy approved....all mho and for high risk players only....hey, life is short and a little high risk is not all bad....amep has two rigs and 7000 acres...the black gold is there...all over there...one other thing...they made a lot of mistakes in compliance but have recently added a great CPA with lots of experience to clean things up and are remeding things quickly.

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