by Travis Johnson, Stock Gumshoe | March 27, 2014 10:10 am
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Travis what is your take on EWPMF- East West Petroleum?
It has been dropping pretty steadily lately, and I can’t find out why.
I almost bought a bit more. Russia/gazprom fears plus a little disappointment in NZ results
Travis, I am really confused with EWPMF. Do you have anything new that you can share with us? I am in for many thousands of shares and the stock is dropping like a rock.
Hello Travis, I’ve done exactly the opposite and add more shares to my large position. Particular the flow test results and the undervalued “proven reserves” make me feel positive for future expections. Yes, the 2013 report, isn’t very “impressive”, but it was nothing surprisingly bad in it. I believe it’s a good chance to jump in, but an investor should always consider that AOI is an exploration company – risky but promising!
kind regards
Martin
Well, put me in the middle I guess! I haven’t sold any AOIFF, but I haven’t added either.
It IS tempting here though. Hope that works out well for you, Martin.
If it should go down even more next couple trading days, I just might join you!
Interesting that Tullow Oil didn’t react much. I had the impression that the disappointing results were from a play with little infrastructure in place to access, so the standard would be higher and this couldn’t have come as much of a surprise to management.
Also added a bit more, but know it is a bit risky! Feel generally like Martin, and hope for the Best!!!
Also added a few more.
Even with this dry hole 100% of analysts have much higher targets.
Well finally added to my position here at $5.55. Glad I waited! But still a bit concerned. I’ve made some really nice profits trading in and out of this stock but beginning to wonder if it’s going to turn around this time?????
I added here as well $5.5. Risky but hope there is support at this level!