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micham2012

01/10/14 9:09 AM

#158350 RE: wadegarret #158346

wade re AMZG:

I sold most of what I had in the $2.70s, and the rest when the shelf was announced. But it has so much support on this board among respected posters, I was thinking of getting back in. Personally, from a very simplistic standpoint -- and I am not anywhere near as smart as some on this board -- I worried about the accuracy of the projections that had been made; there is just too much uncertainty when growth is this rapid. So, I got out of the stock and I think I will wait to see how things play out before I get back in, even if I miss the bottom.

Frankly, while the "Polar vortex" is an unexpected event, it was not a Q4 2013 event, and rough weather in North Dakota in January is hardly a surprise.

SSKILLZ1

01/10/14 9:12 AM

#158351 RE: wadegarret #158346

AMZG

Turned me off since the day they put out that huge offering. I turned negative ever since, and so far that has been the right move.

based on production my best guess and that is all it is would be .035-.045 for the quarter. I think the stock could fall into the 1.70's worst case scenario, where I think it will find support, but here's the thing what upside does it have at this point until the june quarter is reported in august don't see you getting much above $2 here. I would be a seller anywhere near $2, I'm concerned they will sell more shares here at low prices and the production guidance was disappointing. All is just my opinion, and I could always be wrong though.