I'm not sure I agree with that. If they have money (which has been the topic of debate lately), they could use it to do some more acquiring. In which case, the pps will probably have a nice increase. Production numbers isn't the only thing going on right now.
Once again you just made a great point towards a buy back reason, Joe > "PPS appreciation really won't kick in until we see sustainable growth from monthly production reports."
The time for them to strike is now !
--------------------------- Message In Reply To: Investors now have the first monthly production report under their belt. PPS appreciation really won't kick in until we see sustainable growth from monthly production reports. The stock will probably trade fairly flat for at least the next two months.
"they could have 6 million in the bank right now, and we are still at a dime and lower."
Perhaps flat for 2-3 more weeks, but not 2 months. If ALRY announces a few new producing wells, elaborates that existing wells are still matching previous levels, methinks anticipition of next production numbers will bring in new buying and a new leg up.
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