Arete Industries (ARET)

[GusherMan]

I agree with you level. We are VERY oversold, IMO. But, that can change on a dime as well. It works both ways. Something will light a fire under ARET and she'll be off to the races. And remember CC on Monday. From last CC, maybe some positive news on KS wells, 1Q, New Directors, AMEX update...they also mentioned maybe joint ventures...never can tell. These guys seem to keep things close to the vest and get things accomplished. Volume will move this much higher..and of course a new exchange would be a whole new ballgame.

So I agree level..to me, $3.00 is still dirt cheap for ARET. Low float..reserves..earnings..experienced team...higher energy prices over decade...more natural gas usage...and at $1.00?? No...way over sold.

We are now a fully reporting Oil and gas company with earnings. The share price doesn't reflect that point yet. But it will...and when it does, much higher we go. And come on...so much more to make on the upside from here, then on the downside where you limit your profit to 1.00...traders know that too...and they don't care which side of the stock they play...remember that people...the MM's that brought us down can see the potential here...and they will take it as high as they can make money themselves...

GLTA