Josef Schachter
Real Resources
RER-T
PAST TOP PICK
Jul 20, 2007
(A Top Pick June 20/06. Down 51%.) Missed its numbers. Being merged with TriStar (TOG-T). Likes their asset base. If you own, roll it into TriStar and see if management can make things happen.
Have missed production and costs were higher than expected. Not too much positive news from their quarter. If you own, consider cutting your losses and moving on.
(A Top Pick June 20/06. Down 54%.) Changed reserve engineers. This shouldn't be done during changing commodity price environments. Company is now up for sale. If you own the stock, stay with it.