Oil and Gas Plays

[LowFloatGoat]

TNOG sell off yesterday and today means that over $10 million of TNOG stock became cash. A lot of TNOG sellers are probably looking at other OG plays. I think a lot of TNOG money went into AMEP and might explain why AMEP is up strongly the last couple of days. 12 million in AMEP volume so far today is around $7 million.

I sold most of my position in TNOG the other day at .011 for a .002/sh loss. Some of it went into AMEP and some went into PBLS. I'm looking for a couple of PR's from TNOG about new properties/deals but I'm not sure if they price will pop unless they can find a rig and commence drilling somewhere. I'll leave something in TNOG until the price recovers a bit or another opportunity arises.