Cano Pete Inc Com (NASDAQOTH:CANO)

CAPS Rating: 5 out of 5

An independent oil and natural gas company, that is actively pursuing waterflooding and enhanced oil recovery techniques to increase production and reserves at its existing properties and future acquisitions.


Player Avatar kidderpeabodyny (30.41) Submitted: 10/13/2010 12:57:08 PM : Outperform Start Price: $0.49 CANO Score: -116.56

near bankruptcy after failed merger, company highly speculative buy, but given the Chinese interest in purchase of cheap supply reserves and and companies desire to merge or sell off everything and cash in, there is much potential value if sucessful. And new MotleyFool rules create potential huge gains. Also consider

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