You're preaching to the converted here. I too could not resist...

You're preaching to the converted here. I too could not resist this morning and snapped up a few more. That P/E ratio of 2.5, an earnings yield of 39% (or 12.6 cents per share), the increasing production from the formerly shut-in wells, the long-life, diversified projects in a stable and massive U.S. market; low production costs of around US$16 per barrel, the active drilling programme etc. - it all positions AMU about where CVN was at its lows of 3 months back. And look what happened there.

I mostly invest and trade the junior oil sector and I haven't found a more under-valued producer than AMU in months of looking.

Having said that, my timing of stock entry and exit is often poor and prospective investors should always do their research.

Good luck all.

Gupper