Username Password
S&P 500: 1,340.35 Change: -0.84%
360investor
P&P Score: 2.09 | Points: -75.38 | Accuracy: 33.33 | Average Pick Score: -11.78   Annual Return: N/A  
Open
 
Closed
 
All
 
Commentary
BUY: BARCLAYS BANK PLC (GAZ)
Start Price: $14.68
Points: -94.12
Created: 12/24/2009
This is a long term clean energy play. Also, when, and not if, oil peaks out this will really fly. The exact reason why XOM bought XTO.

I'm actually expecting some of the arabs to buy the gas companies. I'd not be surprised if they are already big shareholders of many of these. And, they may be keeping the nat gas price low before they buy out all of the gas producing companies. Once they are done, you should expect to see the commodity start rising again. With low dollar right now it's a double discount to them !!

Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.

register
Sponsored Links