The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Sunday, October 02, 2005

The Perfect Threesome!

Yeah I know, you are probably conjuring up images of something else, but in the stock world, threesomes do exist as well! I'm serious! Take a look at Chesapeake Energy (CHK), Pioneer Drilling (PDC) and Gastar Exploration (GSREF.PK) and you will see the perfect threesome that can ultimately make you some dinero!

So what do these 3 stocks have in common? Well, one thing they have in common is the fact that CHK has purchased huge chunks of both PDC and GSREF. The reason? Well think of it this way. PDC is a driller. CHK purchased some PDC to get its feet wet in the drilling industry and to save on costs. Believe me, CHK is going to be making a ton of money with its stake in PDC, and so should you! CHK also bought some of GSREF to take advantage of the Canadian Oil Sands scene! CHK is no slouch! It is basically poising itself to be two steps ahead of its competition, in exploration/production, drilling and the Canadian Oil sands scene! Is that ingenious or what?!

What should you do? I personally like all 3 companies. My opinion is, buy some CHK, buy a ton of PDC and buy a little of GSREF (since its a little riskier!

1 Comments:

At 1:38 AM , Blogger Nick M. said...

Lol, well Dave, I have to say, CHK and the twins (PDC and GSREF) have something going on! I believe that they got a lot of money going on!

Thanks for the support of the DIY sections! I plan on posting more in the future, as well as some chart analysis and some practice spotting stock break out points!

As far as MEMY and NVAX is concerned, I posted some lengthy commentary in your previous post! Bottom line is, I like both of them and I believe both are going to give nice, big fat juicy returns in the upcoming weeks and months! The only drawback is that both are speculative plays that run on the 'buy on the rumor, sell on the news' principle! I do hope that the drugs they are working on will be approved cause if they are, these stocks are headed to the teens! If not, its back to being 1 dollar and 2 dollar stocks, lol.

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Enter your Email


Preview | Powered by FeedBlitz