Latest Stock Buy or Sell?
Today, Josef Schachter commented about whether SU-T, AEI-T, CNQ-T, NKO-T, OIL-X, RER-T, SLG-X, GZ-T, TYS-X, CUX-T, SOR-X, SAN-X, IFR-X, FCP-T, FO-X are stocks to buy or sell.
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HOLD
This team is very good. There is quite a bit of risk if they do not have the success they are talking about. That they are successful, they will have to build facilities, defrac, etc. Be cautious.
oil / gas
$2.980
No
HOLD
Has been languishing. Found a lot of gas, but it was under P3 (Possible). A big potential resource there, but the market wants it taken into the P1 (Proven) and P2 (Probable) areas. Waiting on news of wells they are drilling.
oil / gas
BUY
They are waiting for Husky, the operator, to make some announcements. Land issues in the area. Also working on some UK deals to get them farmed out. A fabulous story for business risk oriented accounts. Use a 3/5-year investment time horizon.
oil / gas
HOLD
A uranium and coal story. Well funded company. Starting to drill for the coal right now. Fabulous track record.
oil / gas
PAST TOP PICK
(A Top Pick Sept 26/05. Down 6%.) It did get over his target of $3 but slipped back. Dropped because of a financing. Still likes.
oil / gas
PAST TOP PICK
(A Top Pick Sept 26/05. No change.) Massive land spread in Egypt. Been spending a lot of time on facilities which are coming on now. The big thing is the exploration in front of them. Have 3 rigs working. Exploration will get oilier.
oil / gas
PAST TOP PICK
(A Top Pick Sept 26/05. Down 17%.) Over the end of this year, feels the stock could be over multiples of what it is today.
precious metals
