This company is located in the U.S. It has been losing money but very little. They have a new management team who have cut costs and the company has no debt. Believes the stock has the potential to go above $10.

He likes this company a lot. They have a 30 billion operation in terms of revenue, but also have some debt after a merger. Believes it is a major industry leader that will do well. Watch for upcoming write-offs because of the merger. Believes they will make money in a competitive market.

Is not in the contra portfolio, he owns personally. Major danger, is that it's gone under a dollar, which might cause it to become an otc stock, if it doesn't get above.

Has been a disaster for them. He liked the new management, but it has proven to be a far more difficult turn around story. They have stabilized revenues. Have cut costs and hired new sales people, so they are making progress, but it is still a question of if it can be turned around. If it does it will do well, if it doesn't it will go under.

Congress has been taking a look at it, which is a bad sign. They have gotten behind on their accounting. They are giving all the positive signs, he is wondering though. He's "happy to hold" but wouldn't buy.

Would not be interested in investing in a drilling company at this time.

It could be in play, but at a much lower level. Too expensive.