What is your problem? Amer IS undervalued & I would also say they are a strong buy at this point! Increased bopd, high oil price & the best profits for years! What's not to like???
Definitely the best risk / reward share out there at the moment. The previous drill problem has opened an opportunity for everyone to get in at a quite amazing price. The chance of success has actually increased in the re-positioning of the rig as they can now hit the sweet spot, as first time they where apparently going to miss it. I've topped up today, 10p won't be too far away!