Jeff Parent B. Eng. FCSI CIMDaylight Energy LtdDAY.TOPARTIAL BUYJun 23, 2009
(Market Call Minute.) Not a bad chart. The downtrend is a bit worrying. Has come to a support level. Possible potential for a takeover. Doesn't like the chart very much but it is in the right sector. Take a partial position.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.