PANDEMONIUM HAS BROKEN LOOSE – 5 OIL & GAS NAMES THAT HAVE EXPLODED RECENTLY
Not in Madison Square Garden between the Iron Sheik and Hulk Hogan. But rather, in a lot of micro to small cap oil and gas names. There is certainly a good deal of speculation taking place currently in these names. I would imagine that a great majority are going to sink like rocks eventually, making for an outstanding short selling opportunity for all you Indiana Jones adventurer types out there.
I do believe that over the long-term there are some absolutely monstrous opportunities to profit in the oil/gas sector over the next decade. A lot of the micro to small cap names in the oil/gas sector are at the same stage that micro to small cap names in the gold/mining sector were in the early 2000's. It paid to hold onto gold/mining stocks at the beginning of the last decade up until present day. It will also pay to hold onto certain micro to small cap oil/gas names over the next 5-10 years. Nobody ever got rich by taking their profits early.
Here are the 5 names that have made a mockery out of the bears over the past few days:
click on the charts below to enlarge
BDCO
royl
PDO
DPTR
SSN
