The chart looks to have a really long double bottom pattern. The chart shows a nice up trend from February with some pretty big swings. You have to have some fortitude and you want to be with the best group. You have to be prepared for some volatility. He would be pretty comfortable buying this today, but you have to be ready as oil can change around.
(A Top Pick April 18/16. Down 2%.) Got out of all his pure energy plays last October. He is just now starting to raise his energy component, and this would be a good one now.
The company is working on being really nice and lean. They divested some holdings that they didn’t want and are going to be looking to acquire other companies.
They decided they would not go forward with the LNG project. They are looking to spin out that project. Depending on what happens with LNG tax in BC, there could be value there.
(A past top pick Oct 16/03. Up 14%.) Commodity prices are fairly high, so don't expect much of an upside from this point. Would consider taking some money off the table. Fairly fully valued.
Extremely good operator. High impact properties coming on. Sees a lot of upside because of this. Likes the diversified international story and the oil focus.
The chart looks to have a really long double bottom pattern. The chart shows a nice up trend from February with some pretty big swings. You have to have some fortitude and you want to be with the best group. You have to be prepared for some volatility. He would be pretty comfortable buying this today, but you have to be ready as oil can change around.