Yes- CFW is only BAOC hold right now. You are involved in many oil comapanies, so there may be other bargains out there?
This is certainly risky- but only going on mgmt's previous history of turnaround and resale at some point... I just accumulate on dips and hold. Should be lots of shares being dumped by EOY for tax loss- so saved cash till then...
Bought CFW last December at .29 then resold in .40's early in the year- but missed the .80 Blackhill frontload.
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One other I have been holding is AXST- small tech that makes boxes for Sprint and other wireless products.
Look at the Insider buying for past few months... CEO, CFO, CMO and Directors all bought 300- 500 shares on open market.. They had been an AMEX company until the 2009 mortgage crisis.. Did a reorganization- started production in Mainland, and have stable finacing in place... Never know but suspect they will have good results early in November- but insiders cannot buy since Sept 16th ( 2 weeks before end of quarter- until 72 hrs after the ER comes out )...