Stockchase Opinions

Bill Harris, CFA PetroFrontier Corp PFC-X PAST TOP PICK Nov 20, 2006

(A Top Pick Sept 1/06. Down 28.3%.) Has been terrible. They have an ongoing business and he is continuing to Hold. Trading at slightly more then 4 X cash flow under basic production.
$1.000

Stock price when the opinion was issued

oil gas
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BUY
Diversified asset base that reduces the risk profile. Decent dividend.
DON'T BUY
Would be very careful of this and not let it make a new low. Would not buy.
BUY
Risk/reward is very attractive. Venezuelan government expropriated 60% of the assets and now there is a flight of capital out of Venezuela. There is relative downside risk. Have lots of cash. Looking to increase his holdings.
HOLD
The problem is with the Venezuelan government. A tough regime to work in. Very high risk situation, but potentially very high reward.
SELL
Chart shows it's a downtrend. Stay away from it.
DON'T BUY
Getting production on, is very difficult. There is a lot of nationalization going on. Stay away unless there is a regime change.
HOLD
Has just moved back above support. You can go long, but don't let it violate the level of support.
DON'T BUY
Although he is a risk taker, the risks on Venezuela are too high for him. You just don't know what is going to happen with the government.
DON'T BUY
(Market Call Minute.) Needs an enormous amount of cash to do what it is doing in Eastern Europe. Fully valued.