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Strategies & Market Trends : Aardvark Adventures

DAVE 209.97

+3.0%

Dec 4 3:59 PM EST

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To: ~digs who wrote (4769)	5/15/2008 10:25:51 PM
From: blind-geezer	of 7944

PDO went from 4 to 14.50 in one month, geez 2:59PM Pyramid Oil jumps over 30% after reporting Q1 earnings 30 minutes ago (PDO) 12.60 +3.71 : PDO has traded ~$3 (~31%) in that past 30 minutes, after reporting Q1 EPS of $0.22 vs $0.02 in 1Q07 and revs that rose 92% YoY to $1.6 mln. "The sales and earnings momentum we carried at the end fiscal 2007 continued through the first fiscal quarter, and in light of the opportunities we are pursuing to increase our oil and gas production, we are optimistic about our prospects for continued financial growth during the remainder of the year.... Important progress has been achieved on our natural gas joint venture in Texas, where the operator recently executed a gas sales contract... We anticipate construction of the 3.8-mile gas pipeline will begin shortly, and are anticipating that sales will commence sometime this summer."

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