Armada Oil Inc (fka AOILQ)

[germanium123]

I told you in a post Armada Oil could go back to .017 cents to 0.25 cents a share a couple of weeks ago. Hank was right he got out when the stock went to .037 several months ago. I am not throwing good money after bad. yeah I could buy more than double what I have now only if the stock drops to .016 or .017 and things are still looking good and no bad news anywhere. when big boys are predicting oil at $ 50 dollars per barrel by end of year I have to be cautious. I don't believe oil will ever drop that low no one knows the future yes we are all under water. I believe the traders or market makers are Naked short selling this stock and buying it back in 3 or 5 days I forgot how many days they have to buy back. If the public would just hold on and not get scared and sell. Armada needs to get out another PR before the first of August volume seems to be low. A good PR will send this stock up 7 or 8 cents quickly. IMO