StocksForCash (< 20)

junior oil and gas ... and other thoughts ...

May 22, 2008 – Comments (0) | RELATED TICKERS: CHP , VCGH , OCN

I picked up some EPEX and LEI in the junior O&G arena.  Juniors have been lighting up recently so I grabbed a piece of these to try and get some action.  Check FPP chart .. yowsa!

WNR is working well so far ... selling at like 1/3 of book value and (according to a buddy of mine) ... they should start showing the fruits of the Giant Industries merger.

CHP is on sale here ... especially since lead spot prices are below $1 ... 91 cents last I looked here >> Kitco Spot lead prices .. margins should show nice improvement.

OPXT earnings weren't bad for 4th Quarter and they guided revenue above consensus for first quarter ... should do well.

VCGH looks to have found its bottom and is showing signs of moving out.  I like the chart and their growth numbers look decent.

OCN has been trying for a week to break higher ... still holding and waiting.

VIT dropped like a rock so I got out ... made a handsome profit though!