Peter BriegerDaylight Energy LtdDAY.TOTOP PICKMar 14, 2011
(Top Pick Mar 12/10, Up 0.09%) Likes natural gas liquids part of this company. It’s very profitable. With increased technology in horizontal drilling and two very astute acquisitions, they have built up their inventory of drilling sites substantially. Thinks it is the cheapest of the bunch.
(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.