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AMEP-Oil/Gas,Shell looking at Barnett now!
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[QUOTE]Originally posted by QuestSolver: [QB] they obviously need shares...look at the bid the way they jump it! Look at this chart. http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=&time=&freq= The month over month trend for four months is going up. The volume over the past 5 of seven months has Strong Accumulation starting back in March when the volume started to rise to 200M+. After that the volume tapered off in April & May [>100M shares trading] followed by June, July, August & Sept where 300,000M shares became the norm. AMEP has 500M A/S w/ 300M O/S that leaves 200M+- for dilution. With no S-8's recently it looks like management is waiting for the pps to rise [to a much higher level] before the dilution starts. I'm betting we see a few to even several positive PR's that have the pps rise significantly. Time will tell as Winter Demand for oil is one significant factor, as is the Oil America Group limited partnership drilling programs in the Barnett Shale region, that PR that will hit the PR wires very soon... [/QB][/QUOTE]
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