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Wednesday, May 07, 2008 1:44:11 PM
I think it is if put in perspective. Crude oil is $122 a barrel, ALRY is four cents. One barrel of oil buys 3000 shares of ALRY stock. One share=1/3000 barrels. 1/3000*42gallons=.014 gallons per one ALRY share. .014*4 quarts = .056. 1/.056 = 18 shares per quart = 9 shares per pint = 4.5 shares per cup crude or one share buys 3.5 tablespoons crude. Check my figures but they should be correct. Even at twenty cents a share, one share would still buy you less than a cup of crude oil. Oil/Gas are very valuable commodities, and Allenergy is sitting on lots of it.
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