Stockchase Opinions

Alex Ruus RSX Energy RSX-X WATCH Jan 04, 2007

Natural Gas - this commodity could drop even further in the next month, so take your time getting into positions. 3 picks he would look at would be ProEx Energy (PXE-T), ProspEx Resources (PSX-T) and RSX Energy (RSX-X). They are all good western Canadian producers with good growth profiles and good properties.
$3.480

Stock price when the opinion was issued

oil gas
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BUY
Gas. They had an amazing discovery at Hinton Alberta a couple of years ago and since then they've increased their land holdings. Once we get past the next 6 weeks, gas prices will start recovering.
DON'T BUY
Gas weighted. For him, they missed their numbers a few times too many. There are better places to go.
BUY

He sold it in July, getting stopped out after a three-month trial period, to buy RSX (Russian ETF, oil) to get exposure to Russian oil and natural gas. We're in an energy shortage.