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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: CusterInvestor who wrote (41162)1/24/2011 4:33:10 PM
From: Paul Senior  Respond to of 78667
 
AEI.to. Thanks. Have not seen that on Yahoo or company website. As with several of these small e&p's, issuance of shares dilutes value of company to current shareholders. Assumption is that longer-term, greater good will be achieved. Otoh, some of these oil co. managers just have "drill, baby, drill" mentality. If they can get money, they will take it and use it regardless of economic consequences to stockholders.

I'll hold to see what happens here. Stock is undervalued if company's oil targets for 2011 are achieved.