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Re: micham2012 post# 156358

Wednesday, 10/02/2013 10:26:15 AM

Wednesday, October 02, 2013 10:26:15 AM

Post# of 174903
AMZG

I added 50% more share today. Brought half at $1.79 and half more of todays buys at $1.74.

Earning would of been .04 with the dilution last quarter. But that is not adding in the almost 60% jump in production that goes along with it. Which is obviously the reason they diluted. Also they recognized oil at $88 a barrel in q2, oil is been well over $100 in q3. If they got $15 more a barrel, that would add about 1.1-1.2M after tax to the bottom line. Earning were .04 last quarter if you adjust for the dilution. Now add In a 60% jump in production, and Oil prices being higher which could add another .01-.02 next quarter on that alone/ Plus they are growing production regularly. I like AMZG here, and will continue to buy on weakness. All is just my opinion, and I could always be wrong though.


---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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