AOK was Pumped and dumped (IMHO) on the back of the reserve numbers. There will probably be another 2 weeks of not much news. Then you will get a quarterly and new production numbers. I think the March production will be solid but not "exciting". Later in the the quarter I'd expect better production with many of the wells reporting 30 day IP. I'd also expect a debt facility and probably some new acres.
I'd expect the dumper to continue to pressure the SP at around current levels while news flow is slow. My opinion only, but thats how I read the recent past and predict the near future.
AOK Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
