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Opinions Don Vialoux
iShares Oil Sands Sector ETFCLO.TOPAST TOP PICKFeb 20, 2013
$13.88
Stock price when the opinion was issued
E.T.F.'s
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HOLD
PAST TOP PICK
(A Top Pick Jan 16/08. Down 48.1% but up 30.3% if you sold in May as he suggested.) Key thing with oil sands stocks is to look at what is happening with the price of crude. This is actually bottoming and when it gets above $50 technicals will be achieved. Horrible 4Q earnings are coming, so wait until they are finished.
E.T.F.'s
COMMENT
There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil.
Som SeifOwned
E.T.F.'s
TOP PICK
Pure play on the sustainable wealth of Canadian oil sands. Sees oil at $40/$50 long term. Weighted on 3 key factors, current production, 2015 production and percentage of overall production.
Som SeifOwned
E.T.F.'s
(A Top Pick March 2/12. Down 17.79%.) Did not work. Units started moving lower and broke below their 20 day moving average.