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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » AMEP (Page 39)

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Author Topic: AMEP
Slippery Wing
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Doubt it. We'd have to jump a lot in the next 20 minutes.
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G_Ho
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got my 100K at .073.

let's run baby.

good weekend to everyone!

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Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top

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Lucas Brachish
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AMEP rocks.

Predictions for Monday, anyone?

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blacklab669
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Looks like the MM had their fill ,just in time for the PR next week.Today was the day to get in to make money and I think that a lot of investers realized that!I think a big spike is coming next week!Lets make some money!!!

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RLB

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Lucas Brachish
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I'm still debating whether take profit around .10 then and wait for a dip to buy back in later, or just hold on for a few months and take max one-time sell profits... swing or hold... hmmmmm.. [Confused]

It's been a while since I've had a stock this consistently green on my chart -- it's making all my losing stocks feel nervous!

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Berlin
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Do you think it will hit .10 cents?

That would only be 150% for me.

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iwearpro
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.10 Will be no prob. We will see that this week im sure.This stock is way under ustimated by most. This stock is huge and it has just now started to move again and I think it will continue to keep a steady pace up at this point. (at least till after winter)

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Thanks,
Brian

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blacklab669
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Approx. date for Q3 Revenues is Nov.16 We are going to see a large increase in profits due to the increase in price of natural gas and oil.Q2 the price of a barrle of oil was 48 dollars,thats a big margin,and natural gas well you know that story off the charts from Q2.AMEP is valued at .15 to .20 PR is coming and when it does and the rig starts drilling this stock will be where it should be.Its a bargin right now.

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RLB

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mmalone
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Yes, the quarterly report will be a big deal for AMEP. If we post a profit for the quarter this will take off. If you want to see what the chart looks like for an O&G penny stock that turns profitable check out the 5-year chart for BSIC (Basic Earth Sciences) at http://clearstation.etrade.com/cgi-bin/details?Symbol=BSIC&csize=10&PositionId=2147483647&Event=peek&period=d

I've owned BSIC for about 6 months now and have made about a 50% profit. Wish I had bought it back in 2002 or so. I still think it's undervalued, like AMEP.

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Slippery Wing
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Hey all,

I just started looking at PTGC. They appear to be on the same track as AMEP, but they are a little further ahead. They got their first nat. gas well drilled and producing about a month ago.

They closed Friday around 77 cents, and have had some high volume lately. They also plan to spud several more wells before years end, in proven fields.

Before they completed their first well, their stock traded around 0.30. So it more than doubled once the well started producing.

I don't know that I'd expect AMEP to be in the 0.70 cent range by the time they start producing their first well, because PTGC already had some other assets in Wyoming and Miss. before hand. But I do think AMEP should follow the same trend as we start getting wells on line.

Just trying to lay down a benchmark of what we should expect from AMEP.

Regards,

-Slip

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Berlin
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I'll be happy with .10 - .13 for now, then buy more on the next dip.
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Slippery Wing
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I think you could probably be successful trading this one for a while. Buy on the dips and sell at the peaks.

On down the road, as the stock price goes up, it will be more difficult to swing, as the margins could go down. Just my opinion, though.

-Slip

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blacklab669
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Thats exactly what I said a great buy under .07 Now a great buy under .08 soon it will be under .09...Energy Companies Expecting Huge Profits!!!

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RLB

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Slippery Wing
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Let this sucker run!

0.07 x 0.072

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BUY N LOW
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NG over $13 today AMEP should make Big Profits$$$$$$$$$$$
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HighSide
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Say BUY N LOW

your from A C.

you say big profits COULD HAPPEN lol

Quack Quack

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Slippery Wing
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This things having a tough time breaking out today!

My only ONG stock that hasn't seen green...

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clintonj
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bolingerbands tightenening a breakup or breakdown is in the works

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CJ
Calls/Holds:
TWRCP-.15
WEGI(millerTIME)
PMGJ-.0601
BTEM-.60
EXCS-.029
OPBL-.4601
PGNE-.0501

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Slippery Wing
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Lets get this pig out of the red!
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pensandoenti67
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let's do it

If you want to make money send me a PM and I tell you where I got the picks the last three weeks, forget about this pick.

Just wanted to prove my point. I started using XXXX and have return over 1600%, send me an email to same user name * yahoo

Those that been asking me for more picks I'll tell you were to get them, not here for sure. Look around and you see what I mean.

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buckstalker
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Pens...please stop littering this thread with your groupie BS....

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***********************

It's all in the timing...

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Slippery Wing
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Man, if I had that 6% back that AMEP is down today, I'd be having a heck of a day!

Quit weighing me down and get in the green with all your buddies!

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KillaKmetz
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I would hold on AMEP, unless you know ahead of time when their Rig is putting holes in the groung. It will spike a little then. Hopefully most of you have already made a few bucks on this already... I see it's next big surge coming in mid November, around the 16th, when 3Q earning come out.

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All you need in this life is Ignorance and confidence; then success is sure.
Mark Twain

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TechGuy
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The rig should be drilling any day now, every one is waiting on that PR.


October 11, 2005 07:00:04 (ET)


MINERAL WELLS, Texas, Oct 11, 2005 (BUSINESS WIRE) -- American Energy Production Inc. (AMEP, Trade) Due to the enormous amount of share holder interest, AMEP announced today a progress report on the Ideco drilling rig purchased by Investee AMEP Strategic Investments Inc.

Charles Bitters, President of American Energy Production Inc., said, "The refurbishing of the Ideco oil drilling rig is going very well. All of the mud pump engines have been started and have great oil pressure. They are all running very smoothly. The draw works engines will be started today. The company is very happy with these results, because any engine problems would set back the drilling of the first well. Pressure washing and new paint on the rig is almost complete. If the draw works engines run properly, later in the week the derrick will be raised and pictures of the drilling rig will be posted on the websites of AMEP and Oil America Group."

The drilling rig work over should be completed and the rig operational in the next ten days....

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kywee
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quote:
Originally posted by buckstalker:
Pens...please stop littering this thread with your groupie BS....

or every other thread...

sorry pens we all ran out of cookies... [Roll Eyes]

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mmalone
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Looks like a bit of a run...
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j_facts
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some serious volume coming in

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Think with your brain not with your heart

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Slippery Wing
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GREEN!

Good support showing at 0.075

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j_facts
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not a lot of poeple are selling everybody is waiting for a PR about the drill.

PS: I am from north carolina and it just got cold around here, had to turn the heat on [Frown]

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Think with your brain not with your heart

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mmalone
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Yea, I'm in southwest Virginia and it snowed a bit here last night. It's in the 30s today. Looks like winter is finally here.
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j_facts
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looks like its going to be a good winter for AMEP

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Think with your brain not with your heart

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Slippery Wing
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Lots of support at 0.075, and decent resistance at 0.080.
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imakmony2005
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Great ride.
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Slippery Wing
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B/A

0.077 x 0.078

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Slippery Wing
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Support building at 0.077

Little resistance to 0.080

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