Prices from Stockwatch.....
2008-04-24 T 3.60 3.11 3.28 -0.29 2068011
2008-04-23 T 3.77 3.50 3.57 -0.14 1113712
2008-04-22 T 4.24 3.71 3.71 -0.02 4750476
2008-04-21 T 3.78 3.05 3.73 -1.31 15532775
2008-04-18 T 6.45 4.81 5.04 -2.32 10311528
2008-04-17 T 8.66 7.03 7.36 -1.23 2270587
2008-04-16 T 8.60 8.37 8.59 +0.25 378044
ARU has lost $ 5.31 a share from 4-16-08 or about 62% from the closing price of $ 8.59 on 4-16-08
I hope that this is the end !! I don't know about the rest of you but I have been throwing in bids to pick up what I can afford after the major bath I took when I dumped on Friday of last week.....
At 135 Million shares the stock market cap has dropped by about $717,000,000 !!!! I'm sure that just the forum members here have lost many millions....a lot like myself have had to sell a large portion of their position for capital preservation and many like myself feel that the underlying value of ARU stock is still there ..IF THE ECUADORIAN GOVT will act responsibly.
It looks like some good news might be coming ( based on some information disclosed here today) and I am looking for a price reversal tomorrow......even though it is Friday and not a usually good day.
I sure hope my guess is right....
This is all IMHO
hawnkoa...friend of CJ Penn of the UFC