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These are two good long term holds. On their charts they both show reaching the support levels and both look like a good long term play. Put it on your watch list.
Posts: 20 | From: Indiana | Registered: Jan 2009
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The AMOR chart looks like an EKG for a car-wreck victim, but that IDCC...you may be onto somethin' there: interesting three-month chart. Looks like maybe a trader's stock.
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I just know that i got an alert for amor and for idcc as well on the same emailer. So i've been kind of checking them both out and doing dd on them. Amor looks like it has some great possiblities and IDCC as well.
Posts: 20 | From: Indiana | Registered: Jan 2009
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Well i get about 24 stock trader emails a day and Amor was on one as well as Idcc. Some are good and some if you sift through news have a real run or two left in them. The stock went green yesterday and had over $40,000 worth of stock sold and wasn't in the red during the day and wasn't a paint job. Sounds like the predictions were right.
Posts: 20 | From: Indiana | Registered: Jan 2009
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Typically, oil companies are recovering 30 to 35% of oil reserves in place. Emerging technologies and techniques such as AM OIL will help push this to 50% or even 60%. With an increased global demand for oil, AM OIL Resources & Technology Inc is growing in both importance and momentum. AMOR.OB (AM OIL) is attracting significant interest from the industry and investors and the market is now at the point where the Company is building its Sales, and Marketing activities.
Corporate Headquarters AM Oil Resources & Technology, Inc 27240 Turnberry Lane Valencia, CA 91355 Stock Symbol: AMOR.OB Phone: 800-646-6570 Email: info*am-oil.com
Posts: 20 | From: Indiana | Registered: Jan 2009
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AMOR-Due to the portability of the units, there is no need for the use of long and expensive piping systems that results in significant thermal loss and reduced efficiency. Our Steam Generators can operate in relatively close proximity to the well, giving the steam a short distance to travel before entering the formation. Geological studies have found that steam injection is highly effective in harvesting lower gravity crude oil. In many cases, as much as 80% of oil in a formation will remain after 30 to 40 years of pumping. Without secondary recovery efforts, using our technology, this oil will remain in the ground.
Posts: 20 | From: Indiana | Registered: Jan 2009
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AMOR has the possiblity of making huge profits this next year. A pr is due out very soon on this very bit of information.
Posts: 20 | From: Indiana | Registered: Jan 2009
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7:30a ET January 26, 2009 (Business Wire) AM Oil Resources & Technology Inc. (OTCBB:AMOR), announced today that it has just completed design drawings to build a mobile bio-diesel device. The Company's design is a mobile biodiesel production plant, capable of producing 2,000 to 3,000 gallons of biodiesel per week. The designed plant fits into a standard truck-trailer with dimensions 8 feet wide by 45 feet long by 9.5 feet tall.
Biodiesel is the name of a clean burning alternative fuel, produced from domestic, renewable resources. Biodiesel contains no petroleum, but it can be blended at any level with petroleum diesel to create a biodiesel blend. It can be used in diesel engines with little or no modifications. Biodiesel is simple to use, biodegradable, nontoxic, and essentially free of sulfur and aromatics. Biodiesel is made through a chemical process called transesterification whereby the glycerin is separated from the fat or vegetable oil. The process leaves behind two products -- methyl esters (the chemical name for biodiesel) and glycerin (a valuable byproduct usually sold to be used in soaps and other products). Biodiesel is better for the environment because it is made from renewable resources and has lower emissions compared to petroleum diesel. It is less toxic than table salt and biodegrades as fast as sugar. Since it is made in the USA from renewable resources such as soybeans and recycled vegetable oil, its use decreases our dependence on foreign oil and contributes to our own economy.
According to Anthony K. Miller, CEO, "The mobile biodiesel plant is to be self sufficient, adaptable to different grades of waste vegetable oil (WVO), environmentally friendly, and economical. Our initial goal is to produce fuel that can be used to operate our patent steam generators, oil field equipment and/or our vehicles. Biodiesel is typically blended with diesel for usage and any surplus we produce can be sold for a profit. We can sell the glycerin as a profit center as well." Miller added, "Management and our consultants have extensive experience in this field, with involvement in one of the first stationary plants built in California. We are extremely excited by the promise this can hold for our Company." Biodiesel is fuel considered as GREEN and a focus of the current democratic administration as noted by the following Links: http://domesticfuel.com/2008/12/15/obama-picks-please-biodiesel-board/;http://domesticfuel.com/2009/01/16/biodiesel-leads-asas-priorities-to-obama/;http://www.eia.doe.gov/oiaf/analysispaper/biodiesel/.Posts: 20 | From: Indiana | Registered: Jan 2009
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