Time to pull you head out of his back side Chaz and take a breath.
You guys have such superb and exemplary skills in shale analysis - and yet - you are hear. In a garbage company a 'dog' of a share right?
1) Your surely couldn't be going long right?
2) Are you short - you say your not?
3) Are you stuck languishing with and entry point of 2c?
what's your reason for being here in the AKK thread?
You have not explained yourself. Hereven is your opportunity....
I may be an ostrich but you are a buffoon.
You are so convinced there is only one way to make money. Yet you are so wrong.
I think you are a negative Nancy who lost a lot of money on Shale in your past and you still have not learnt.
But im not going to keep being caught in your negativity.
As I have said:
1) AKK represents a good buying opportunity at 0.7c
2) volitile macro oil conditions appear to be settling.
3) AKK is currently building and is near flow testing three wells which appear to break even in the circa $31.
4) AKK is currently debt free
5) the current AKK SP is highly suppressed due to tough macro conditions which are industry wide.
6) The technicals are firming up with the SP being slightly oversold.
7) The upside with 3 wells coming on board and firming macro oil events which could make oil settle at $50 could easily move the SP up above 1c - representing 40%+ profit in the short term.
If you want to wait until an audited report smacks you in the face and proves the above than fine - but don't expect to make any profit because by that time those who speculate will have taken your spot.
Time to debate me with logic guys
Your rigid ideological beliefs about the importance of sole use of FA when evaluating AKK is negativity effecting your judgement and your eye is firmly off the ball.
But hey guys you sit on the the sideline - and just for you I will offer you a special entry price of 1c+ when I decide to sell and you want back in.
AKK Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
