-0.16 is good resistance. A good announcement regarding Dec Q production should break that level. Expecting an average of 1,100 BOEPD for December alone.
-still waiting on second rig to be announced. wonder how the weather is affecting AOK?
-RBL agreement should be announced July/August
-looks like the convertible notes + various options will come in the money (today’s announcement), adding about an additional $9M. My guess is the convertible note holders will dumb the stock as soon as they convert? They’ve done it before and they will do it again.
-some very strong support from Ptolemy. Very encouraging and long term supporter.
I was happy to hold until the end of the month and reassess. I think with solid December Q production numbers and some encouraging guideline production numbers for March and June Q's will keep me invested. I keep thinking about ‘Trader8888’ & ‘coldfish’, both LT holders that sold out recently and have missed the last price spike, don’t want to be one of them...
AOK Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
