Rick StuchberryDaylight Energy LtdDAY.TOTOP PICKDec 16, 2010
50/50 oil and gas. Spent a lot of money in the Cardium play this year. They can direct the cash to where they think they get the best rate of return. You will get a good return while you wait. They have been delivering good production.
(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.