AENP.OB

atalltexan · August 10, 2005, 02:43:11 PM

The buyers didn't hang around too long. Wonder what it's going to take to get this one moving. Shouldn't take $80 a barrell to see upward movement in this one.

stocky · August 10, 2005, 02:54:06 PM

Stocks like AMEP explodes, may be to either side.

With crude climbing, you may see gains like you would have seen on other big penny movers. Can't predict, but once the only performing stocks in mkt are oil and oil related you will find every tom, dick and harry flocking to them. Hope they [include me also] have not already done so.

TRUNK · August 10, 2005, 09:40:00 PM

Natural Gas has been going through the roof.. currently at 9.16 and no upward resistance and could move above $10 in a week or two

Oil $65 a barrel..

Anyday waiting for that pop to break .025 resistance this time

aitech61 · August 10, 2005, 10:02:00 PM

I am with you Trunk. I think when we break the .025 resistance it will be with a vengeance.

IMHO it is all just a matter of time...

cumulina · August 11, 2005, 02:31:36 AM

I have been holding AMEP for as long as it has been on 3SOF, and I'm (to put it mildly

) getting a bit impatient with it.

Could the reason for the lack of movement be the relation to this:

http://www.timesonline.co.uk/article/0,,3-1727400,00.html

But maybe with the rising oil-prices, things will finally begin to happen with little AMEP...

"AP
Crude Futures Hit Record $65.19 in Asia
Thursday August 11, 2:00 am ET
By Gillian Wong, Associated Press Writer
Crude Futures Hit Record $65.19 a Barrel in Asian Trading on Gasoline Supply Fears

SINGAPORE (AP) -- Oil prices rose to a new high of $65.19 in Asian trading Thursday after the U.S. midweek inventories report showed a decline in gasoline stocks and amid persistent concerns that a string of refinery shutdowns in the U.S. will make it difficult for gasoline supplies to meet peak summer demand.
ADVERTISEMENT

Midmorning in Singapore, light, sweet crude rose 29 cents to $65.19 a barrel in Asian electronic trading on the New York Mercantile Exchange. On Wednesday, the contract rose $1.83 to close at $64.90 a barrel, after climbing to an intraday $65 high."

la-onda · August 11, 2005, 07:26:20 AM

also still holding

updated chart

TRUNK · August 11, 2005, 08:25:08 AM

Quote from: cumulina on August 11, 2005, 02:31:36 AM

Could the reason for the lack of movement be the relation to this:

http://www.timesonline.co.uk/article/0,,3-1727400,00.html

Thats a different AMEP- That one provided Oil in the UN oil for Food scheme, but that AMEP is located in Panama, and called African Middle East Petroleum (AMEP) and is run by former head of the Un Boutrous Boutrous Gali's family, Our AMEP is called American Energy Products and run by Charles Bitters..

cumulina · August 11, 2005, 08:27:36 AM

Oh........

Thank you, TRUNK.

laksateho · August 11, 2005, 03:11:42 PM

I don't get it, oil is up why this stock still red??? any idea??
could be the Nash 1-C Barnett Shale Well having problem??

cumulina · August 11, 2005, 03:28:17 PM

Don't wurry

I sold mine today, (with almost 20% loss) so now it should start moving up!

Good luck to those still holding.

aitech61 · August 11, 2005, 04:51:03 PM

I still feel this stock is going to produce some nice returns. Just requires patience. We break through some resistance with volume downwards and I will re-evaluate. I believe there are forces that be that are accumulating this stock. Oil is as bullish as it gets and those companies having leases on proven ground of oil reserves and natural gas are going to be brought along for the ride in the bull market. Just a matter of time.

I like AMEP's, for lack of a better term, technology for improving well production.

There are many positives here which keep me quite optimistic...

We shall see!!!!!!

TRUNK · August 11, 2005, 05:24:28 PM

Heck No, I'm not selling- besides I bought all of my shares at .0132 .014 .015 and .016 sold a bunch several times at .0199 .0245 and others.. I've made out like a bandit on this stock in the past and it is currently 75% of my portfolio.. I am very comfortable with this stock and quite hopeful it will have many more days in the sun

Amep has proven itself to me that it is very easily capable of exploding to the upside on any whim and it only walks on the downside with tons of liquidity to get out as you please.. Always Lots of interest from buyers when this thing falls.. in short the explosive Rewards here far outweigh the conservative risk.

AMEP is much more than just a Microcap Oil Play, I hate to say this, but it is also a play on the 3stocksonfire website as well.. The more successful 3stocksonfire becomes the more people are exposed to this play.. New Members everyday, New exposure everyday.. and I'm sure the .02 cents oil stock is the most appealing to the average investor. I'm not sure the level of effect 3stocksonfire has in supporting the share price, but all exposure helps

Pretty simple, maybe

stocky · August 12, 2005, 01:14:44 AM

Trunk I hope you are right. I am not holding this stock but guys here have waited quite long for the fruit. With crude sky rocketing I assume I will soon be congratulating you on 100% gain. Goodluck.

TRUNK · August 12, 2005, 08:05:23 AM

lol.. Nice Icon Stocky..

paid over $60 to fill up the tank yesterday here in Atlanta, and Atlanta always has the cheapest pump prices in the nation.. that tank will last me 2 or 3 days at the most

Damn Land Rover needs the premium stuff and then gets 12 mpg... Who the hell sold me this Truck and why would they make something so uneconimical?..

stocky · August 12, 2005, 02:28:18 PM

I am unhappy about my own camry gulping 40$ everytime it happens to be at AM/PM. Though owning VLO and co. gives me slight satisfaction that I am adding to the EPS of those big guys.

News:

AENP.OB