Tuesday, March 24, 2009

Time for natural gas


And it's not the gas from cow farts, or the gas coming from AG's, politicians or divorce trials, but that gas coming from the Appalachians.

You can look to pure play companies that want to explore the Marcellus Shale, or you can just check out, Penn Virginia Corporation (PVA 11.74) which was cut in half the last couple of months, which has made a nice bottom, and the start of a new uptrend.

It may not be a sexy stock, but they are telling their story, and they will be telling it again today.
http://library.corporate-ir.net/library/86/869/86988/items/329495/3B55DE7E-7D50-4E92-8BB4-44714829A942_PVA%20Howard%20Weil%20Presentation%2003%2023%2009.pdf

It won't be on Page Six, but I'll advertise this pick again in a couple of weeks when I assume it will be materially higher!

For the story on cow gas, it's here.
http://www.physorg.com/news135003243.html

1 comment:

Anonymous said...

You might be right on trading rebounds, but that's not the same as an uptrend. We could rally, give it up, and spend years until we finally bottom. Happy trading until then.