View Full Version : POGI and GWGO
mhertz
03-13-2006, 06:12 PM
I'm long POGI and GWGO. I'm waiting for POGI to get back into the $0.20's then I may consider selling half my position. GWGO, on the other hand, has too much upside for me to even consider selling. Maybe after we knock off one of those "0's" I'll consider selling!
NATHAN LLOYD
03-13-2006, 06:17 PM
Will this bounce with the oil hike, or will it fall? Looks like it might go up with its news on Friday, and the recent crude increase.
Anyone else have an idea about MSEV?
englishman26
03-13-2006, 06:22 PM
I like POGI and CWPC (rumors abound!) in the mini-oils this week.
Leave GWGO out of this discussion.
englishman26
03-13-2006, 06:32 PM
Another interesting/exciting play in the oil sands arena might TXLA. Take a lookie and see if you likie!
NATHAN LLOYD
03-13-2006, 06:43 PM
6,000 for volume is a little low?
englishman26
03-13-2006, 06:46 PM
Indeed - it's a bit in the undiscovere country. I'm not buying but I thought I'd bring to people's attention as it could be on a bit of a run and bringing in more volume.
chinaman711
03-13-2006, 07:00 PM
I like them all with oil going higher on iran fears. Bought some SU calls today and a few of my favorite small oil stocks. Oil could run back to 70 bucks if iran keeps talking.
madcowdisease
03-14-2006, 01:12 AM
I like them all with oil going higher on iran fears. Bought some SU calls today and a few of my favorite small oil stocks. Oil could run back to 70 bucks if iran keeps talking.
Good pick there china. I've been long SU for months. I haven't looked at the map of Ft. Mac lately but I do believe they hold 6 of the 15 or so plots up there. And on a percent, land area basis those 6 plots are ~half of the square acreage.
Granted oil may go down in the interim, but it's a scarce commodity and given time, go as long out as you want, it's going up. Also, what s great about this company compared to other major oil stocks is that while XOM and BP are sucking the last drops out of their wells and having a hard time discovering more in places like Venezuela, Suncor is discovering new bitumen all the time. With technological advances they may be able to double or even triple their reserves. What's not to like? An oil stock with growth; can it get any better?
Catalyst
03-14-2006, 10:19 AM
There's a lot to think about when trying to use oil pricing as a basis. The Iran situation, which is all emotional, prices were down due to a very small rise is reserves, which was directly due to refineries shutting down for matainence, hence why Unleaded fuel was still up. Once large quantities start pumping from the Alberta region, will it push prices down? Will it matter? They were all able to make a nice profit at $45=50 a barrel, why is $60 so bad? Or are we really thinking the industry needs to make another record profit year with prices up near $75. Then with GM making a big push on thier Flex Fuel engines, will Stations start to carry more Ethenol in the U.S.? Other technologies?
When talking about the Alberta Oil sands, who really stands to profit the most? Who's the biggest player? What about all the smaller taps that upda is creating within the U.S.?
I'm sure there are many ?'s that i did not type, but you get the idea. There's to much to think about. Some of these pennies and such I'm willing to play myself, its just not a lot of money in the scheme of things. But my true portfolio will be left to the proffesionals.
mhertz
03-14-2006, 10:31 AM
POGI is flying this morning!
NATHAN LLOYD
03-14-2006, 11:06 AM
so is msev
NATHAN LLOYD
03-14-2006, 11:25 AM
down down down hope you sold.
englishman26
03-14-2006, 11:43 AM
Crazy! POGI on a nice run then someone sells a chunk of shares 20% below where it was!!
mhertz
03-14-2006, 11:47 AM
craziness
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