All of the "older" oil stocks have been moving up.Many of these older stocks were hated by the market VPE(now SXY) was most hated oil stock of all time. AMU has most likely passed the hated stage to being totally overlooked by investors.Until recently AMU had a massive seller to buyer ratio, now reversed to 3:1 buyer and charts look good. Could there be another TO try? They would be gift for a US company.
AMU Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held