Can natural gas be the wave of the future for US travel? T. Boone Pickens thinks so. He wants to alter 18 wheelers and fleet vehicles to being able to burn natural gas to power them. Claims that it can save 2.5 million barrels of oil a day and burn cleaner than gasoline. Kind of makes you want to run out and pick up some of those cheap natural gas stocks. Then again, the transformation of these vehicles is going to take time and demand for natural gas is going to decrease as it starts to warm up around here. Might be a better idea to wait until late summer and pick it up on the cheap. [more]
It was plenty easy to find the home run hitters back in March, but where are they now? Now, if there is a company trading for pennies, it's probably worth pennies. Then again, I have some faith in some of the smaller bio-tech companies out there. [more]
I'm in the thinking that building/construction is going to be huge here in a bit. [more]
and it turned out well. I picked up NM, DRYS and EGLE. I was looking at EXM, but it was a bit out of my price range.
But, I am going smaller oil companies next month. There is no way that oil is going to stay under $50 this summer. I see that as at least the break even point for these smaller oil companies. It's not going to get to $140 again anytime soon, but $80s not out of the picture by this time next year.
Who would have thought that stocks such as BAC, C, ING, etc. would be penny stocks? Either way, I see these stocks as my future income. I'm bullish big time on financials and will be until they get to at least half of their values from a year ago.
What's the next big sector? Shipping, Oil, Natural Gas? That's what I'm trying to figure out.