Replies to post #10226 on American Energy Production Inc(fka AENP)

[ctb]

Nothing goes straight up magic. The last three stocks I've played - all on great news and fundies - dropped 40 - 50% within a few hours. Ouch. Good fundamental analysis. Bad trading.

I doubt AMEP will drop that far, but it might drop back to the .06s somewhere short term. I think the question on these relatively low volume days is...

...do you want to be in when the updates and PRs about drilling and refracing start to roll in?

Or do you want to chase?

If you believe the reports of those who have been there - and there's more and more of them (even Pockets(!)) - and if you've talked to the officers of the company - and looked at the TRRC production numbers over the years - yada yada - and if you're willing to look out months or even years, to dollars...then don't sweat short term gyrations.