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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » AMEP -IN PLAY (Page 10)

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Author Topic: AMEP -IN PLAY
R.A.
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Already back up... it won't hit 0.10 today IMO.
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The Doc
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Buying opp!!!
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R.A.
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Buy now before the afternoon run.
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gnulnx
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Ok going to lunch. Why don't you ladies and gentlemen run this one up to .14 by the time I get back!

Cheers

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Your add here.

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farmgirl
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Reuters -

Oil jumped to a fresh record high above $74 a barrel on Thursday after a steep drop in U.S. gasoline inventories fueled fears of tight summer supplies at a time of growing anxiety over Iran's exports.

This can only HELP us for several days to come. It is amazing what happens to prices when fear is involved. Gas at my corner gas station has gone up 8 cents since yesterday.

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Lookin for the money

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imakmony2005
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ARCA sure is jumpy. lol, just follow the trend.its up by the way.lol
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imakmony2005
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hmm 4 times the 10 day volume, nice.
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R.A.
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imakmony2005... may I say VERY NICE!

The afternoon will be very interesting.

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imakmony2005
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The afternoon will be very interesting. yes it will.
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blou
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Good time to pick up afew shares in this!
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imakmony2005
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All these stocks are getting hit this morning, Its what happens next! chart it, and follow the trend.UP
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Johnwayne
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I got out at .126 and .114.
50% profit.
I may jump back in if it drops down in the .10 range.
Good luck all. Hope she fly's for you.

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Thanks Matto. Thanks Juice.

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gnulnx
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Not bad Johnwayne. I am still holding for the time being. It looks like it is starting to consolidate. I think AMEP still has some upside in the next couple of day's. I did close my OMOG position fora 50% gain since yesterday. I also think it has some run left as well.

The entire market is acting a little anemic today.

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Your add here.

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RockLobster
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yea i didn't get out in the 13's either, but ended up getting out around opening price.. a win either way
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blou
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4=20=06 American Energy Production Inc. (OTCBB: AMEP - http://finance.yahoo.com/q?s=AMEP.OB )

American Energy Production Inc. announced successful completion of drilling operations by Bend Arch Petroleum's Ideco H-40 drilling rig, Phantom Rig I on the Hart # 8 natural gas well. The drilling depth of the Bend Arch Petroleum's Hart # 8 reached 3,257 feet, the target depth of the original well plan to test the Keechi Farms Strawn sand.

The Hart # 8 natural gas well was electrically logged on March 12 and petroleum engineers determined the well bore has five potential oil and natural gas formations. 5 1/2' casing was cemented to the total depth of 3,257 feet. The Hart # 8 well has been acidized in the Keechi Farms Strawn sand and on Monday, March 27, the well was fractured stimulated. Management and treating company engineers determined the frac job was successful and now the frac water has to be recovered to determine the natural gas flow rate. The frac fluid should be recovered in four to seven days.

The Ideco Phantom Rig I will be moving to a second well on the Palo Pinto 12 well project and a location with a Ellenberger or a Mississippi reef high determined by the extensive seismic shoot recently completed by Bend Arch Petroleum Inc. will be the target. The seismic mapping determined the location to be 70+ feet high to other Ellenberger formations in the area. The new well will be drilled into the Ellenberger Formation and then electric logs will determine if the unusually high formation will be a successful oil or natural gas producer. The Barnett Shale formation is above the Ellenberger formation and engineers will determine if a horizontal completion is also available in the Barnett Shale since this location is approximately 1,000 feet from the Murphy #1 Barnett Shale well that has produced over $1,000,000.00 since July of 2004.

Charles Bitters, President of American Energy Production Inc., stated, "The Company is very excited with the opportunities that the Phantom Rig I will give Bend Arch Petroleum and Oil America Group to drill and participate in many new natural gas wells and oil wells. We believe the Company will expand its operations dramatically in the next few months."

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blou
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4-20-06 Charles Bitters, President of American Energy Production Inc., said, "The Company is very pleased with the progress of AMEP and its wholly owned investees Bend Arch Petroleum Inc., Production Resources Inc. and Oil America Group Corp. The annual financial report shows the building of an oil company one lease and one oil or natural gas well at a time, while cutting debt and liabilities as the Company grows. AMEP assets have increased to $18,577,714 with the acquisition of oil and gas leases, drilling rigs, oil and gas production equipment and rolling stock the investees have accumulated in 2004 and 2005. The investees have positioned themselves to take full advantage of the historically high oil and natural gas prices."
American Energy Production Inc. and its investees will be able to participate in many more oil and natural gas projects because of the ownership of its own drilling rigs. This rig availability allows Bend Arch Petroleum Inc. to select and drill Barnett Shale prospects that have the most potential for success. With 7000+ acres of Barnett Shale leases in the Ft. Worth Basin, which are held by producing oil or gas wells, Bend Arch Petroleum will continue to drill and develop its own leases as well as joint venture with other local operators.

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imakmony2005
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LONG TERM money in the bank.imo
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buckstalker
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Anyone selling at these levels should not be allowed to play the market...or breed!
MM's are stealing your shares...

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It's all in the timing...

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imakmony2005
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yep
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Johnwayne
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Buck - am I allowed to breed if I already sold???
I already have two sons, do I have to give them up for adoption LOL!

--------------------
Thanks Matto. Thanks Juice.

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farmgirl
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I am attempting to get back in the game. T

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Lookin for the money

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buckstalker
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It depends...did you sell below .13??? If you did then...yes give them up to someone smarter...lol

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It's all in the timing...

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gnulnx
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Let the game's begin. This is double down time. I have to agree with buck only a fool sells at this level.

Johnwayne you are still allowed to breed because you got out earlier. However if you want 7 or so virgins in the after life then now would be the time to buy! LOL

Cheers everyone

--------------------
Your add here.

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Johnwayne
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Boy it would take bals as big as church bells for me to jump back in right now. I would have to hold until Tuesday open. But man I sure do sens a run. Somebody please plead the case for me to jump in here.

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Thanks Matto. Thanks Juice.

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farmgirl
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Oil jumped to a fresh record high above $74 a barrel
AMEP assets have increased to $18,577,714

Speaks for itself. This stock like most oil stocks will only go up. I believe everyone should be in oil right now. Above are just 2 of the reasons.


Keep in mind this is just my opinion. I have many. That does not make them all right. But I do own 20K shares and triing to buy in again.

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Lookin for the money

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gnulnx
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Here is the best technical case I can give you.

Look at a 2 day chart with hourly ticks. Notice something interesting about that volume?

Yeah me to. There is no volume on this sell off.

I would like to see us at least break even for the day to make the daily chart look a little more appealing. But regardless this puppy still has some play in it.

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Your add here.

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buckstalker
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MM's are playing on inexperienced traders emotions here...they are manipulating lowlifes...i.e. a trade for 144000 just went through at the ask at .108 (a buy) next trade for 5000 shares at the bid...what happens next...they drop the bid and ask = MANIPULATION

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

It's all in the timing...

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Johnwayne
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I think your right Buck. Gotta keep an eye on the
T&S to make sense of it all.

--------------------
Thanks Matto. Thanks Juice.

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buckstalker
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The problem with these pennies is that too many inexperienced traders here fall for their BS....

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It's all in the timing...

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gnulnx
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Interesting to see ARCA in the Bid side today? Yesterday ARCA was trying hard to stop a rally. Today they are trying hard to stop a crash.

Oh well. I think farmgirl is right. Oil stocks are doing well right now.

I am trying to buy more at .10. Hope it goes through.

--------------------
Your add here.

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imakmony2005
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well i couldnt help myself got 10,000 more share.at .103
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buckstalker
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Look at a 10 min chart from 11:10 to 11:20...they dropped the pps from .133 to .119 on 2.2 mil in volume...

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

It's all in the timing...

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gnulnx
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Level 2

SBSH 999 at .10
ARGC 102 at .10

This stock ain't go'in no where but back up.

I hope the suckers that sold are not the same one's that were buying above .12. But you know it's them. It is a crying shame to watch people learn the rules of this game the hard way.

Lets Ride this puppy is going up!

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Your add here.

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gnulnx
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Placed an order for 20000 at .102. Doubt I will get it filled.

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Your add here.

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imakmony2005
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put one in under .10 if we dip that far i want more.
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