Anybody got any news on AKOL? Just keeps dropping and dropping, Did Alaska run out of oil? Any info sure would help...
Posted by d6veteran on :
Short term play. Generally you don't want to hold penny stocks. This stock is up 1200% since it was posted ... take those profits and move on. jmo.
Posted by chetg on :
the spike was solely realted to ANWR being in the news last week, which really doesn't make any sense because this company does not and will not operate there. Sometimes you get hype spikes like this just because of the name of the company.
This will fall back to where it was, maybe until the next time congress votes....
Posted by hcain on :
imo all they state on their web page is that they WANT to do biz. It seems to be a shell. I don't know about this one......... i'm not bashing just not very motovated here. glta
Posted by d6veteran on :
It is a shell, I have no doubt about that. I knew that when I bought a couple weeks back, but I wasn't investing, I was playing it.
This may still be a play in the future, but it IS NOT an investment.
The guys on the big AKOL thread made fun of my comments that this company was not real, but everything I've read points otherwise. There office is in Texas, they have like only 80 acres of land in Alaska, I couldn't find a single document on a customer of theirs and most importantly the stats they give for available reserves on their land is astronomical for such a small parcel.
Do you own DD. I am confident this is not a *real* company.
Posted by toony on :