Bruce Campbell (1)Daylight Energy LtdDAY.TOSELLDec 30, 2009
Gassy. Has moved up a little but will probably have to cut its double-digit yield distributions. Expect it will retreat at that point. If you want to be tricky, you could sell it now and buy it back after the cut. He prefers something oilier.
(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.