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I only invest in this kind of stocks (ie very volatile for one reason or another) as I'm prepared to take a higher degree of risk to enable 'hopefully' (there is no certainty) greater returns. As there is nothing certain especially on AIM stocks I have set aside a sum which I'm prepared to potentially completely loose and this is IMO the key point beside clearly diversification etc.

Agree with other comments here and not recommend to put all your money into one stock. If you take the risk and put a large % you should top slice if things turn out really well or set a stop loss to come out break even or a limited loss. The reality is that these things are very difficult to do. IMO when to sell is even more difficult than when to buy. I purchased 7500 at £1.30 and this represents 5% of my savings but might double the investment to take it to 10%.

but agree this is IMO a one off opportunity based on the last info from the company's RNSs. have a great week end

I held this stock and sold it more of less at the same purchase price a couple of years ago and had it in my watch list since. Could not resist buying 7,500 at £1.30 as I think that the correction was way overdone and this will be over £2 pretty soon. Good luck all.

I just came across this stock and was wondering if you could let me know what the upside potential is in their opinion.

With today's correction IMO the break out of the downwards channel tried last week is being tested and we could go either way. Time will tell.

I think that this chart looks very strong and that we are moving/breaking out of a downwards channel which started with the peak of 70p on 10.2.14, a bit of time will be needed and positive developments in Argentina plus oil price. All in all my personal opinion is that the movement back up has started, but time will tell.

I mentioned below I take broker ratings as a pure indication as they always move as deemed appropriate, in this respect I have just noticed that the lowest out there from Macquarie was 27p on 15.4.15 (even if thes tock is one of their picks of the year) and now after only 2 weeks (and related price change) it has, as at 28.4.15, gone to 34p.... the other 3 brokers still have targets of 72, 80 and 82. As usual time will tell, but 2015 is an election year in Argentina and things will change.

I had a look at the new corporate presentation available at www.andesenergiaplc.com.ar and find very intersting the Forward Plan towards the end and the Vaca Muerta section confirming that their plan is: Farm-out to major partner to start a massive development ! Incidentally a few pages before there is a clear summary of who are the big players that have recently farmed into Vaca Muerta, namely Petronas, Exxon, Chevron, Shell etc. I wouldn't be surprised if some of these players look at the AEN asset base today on the back of the recent oil price slump, as they all know that this years' low will represent multi year price lows.

IMO I think that this is a sign that interest is building and we will see another spike in the share price soon.

The system now shows a buy of 4,000,000 shares at 28, thus could be very interesting. In addition please note that the company confirmed that the most recent corporate presentation is available at www.andesenergiaplc.com.ar (will now look at it)

The Andes webpage does not show any updated broker reports, but I have noticed that GMP Securities seem to indicate an updated buy rating on 26.4.2015 with a target price of 82p and was wondering if anybody had been able to read their report and comment on it. Macquarie indicate a TP of 27 (not sure if this is correct as from previous posts they seem to have AEN as top pick), Westhouse of 80 and RFM of 72 Although I take these targets are pure indications, as they seem to change depending on the share movements, I find it interesting that most of them show a target price which is between the 70s pence highs seen in 2013 and 2012 and the low 80s seen in early 2012 (I don't count the short term spike to 145.during feb 2012). I wouldn't be surprised if we move in that direction over the next few months leading to the autumn elections in Argentina and possible bottoming oil price completed by then. Clearly the election outcome and oil price environment will dictate were we got from these cheap valuations levels and how fast, but from my experience it is best to buy these illiquid shares well in advance of key factors as they can move very quickly, but time will tell if I'm correct.

As people know AEN has a joint venture with YPF (and in torn Soros has invested in YPF) and it's interesting to see what happened yesterday which clearly shown an appetite to invest in YPF and conversly the Vaca Muerta: Argentina's state energy company YPF expanded its planned bond sale to $1.5 billion from $500 million, the company said on Thursday in a letter to local market regulators. Results of the 10-year debt sale are expected to be announced later on Thursday. Reuters' IFR reported the issue was launched at 8.625 percent, down from price talk of 8.75 percent. "There was a lot of demand, about $4 billion, which is why the company decided to widen the offer," a local market source, who asked not to be named, told Reuters. YPF needs to raise cash to invest in its vast but barely tapped Vaca Muerta shale oil and gas formation in order to reverse Argentina's energy sector trade deficit that is pressuring foreign reserves. (Full Story) In February YPF sold $500 million of bonds, a third less than it had offered as many bids were for higher yields than it would accept. Since then investor sentiment has improved as the October presidential election draws closer. The next government is expected to be more market friendly than that of outgoing leader Cristina Fernandez, whose government's sweeping currency and trade controls are cited by economists as factors weighing on the economy. She is barred by law from seeking a third term in October.

If you have a look at my post here from 16 March I'm of the opinion that from a technical perspective the share price has in the past always rallied from the 17p lows. If you couple this with the fundamentals of a solid company, elections in Argentina which could change the landscape, broker ratings with target prices up to 90p and limited share liquidity, plus other reasons unknown to me, I would suspect that this is just the beginning. Have also a look at the posts on Malcy's blog on AEN and see what he mentioned in the past. Bear in mind that Soros has invested a lot in YPF and they are also involved with AEN, so maybe this cheap Vaca Muerta AIM listed play is also attracting other institutional investors or competitors. Let's just sit back and enjoy as I think that things are just starting to get interesting.

Very pleased with the price action today.

As expected we are moving slowly and nicely upwards from 17-18p; just sit back and enjoy the bounce from these multi year low levels.

I have seen this many times. IMO over the next couple of months the oil price should finally settle and move slowly back up and if you combine this with Argentina's elections later in the year this looks to me a very interesting entry point. Clearly also the progress on Colombia could have an impact. The only person I have seen commenting on the stock is Malcy on his blog, but clearly verybody needs to do their due diligence etc.

I'm not sure how many of you have noticed this but the stock price has touched at the end of last week 17p and is now bouncing up. I don't think this is a coincidence from a chart perspective as 17p what the low seen twice during the last 5 years (touched both in September 2010 and both July + August 2013). IMO this is very interesting especially as the stock on both occasions has than risen considerably to levels between 40 and 60p.