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2012/03/19

WhisperfromWallStreet- FEGR, This One's a Winner

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March 18th, 2012
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Gray



Hey Everybody,

Before getting into tonight's alert I wanted to recap a couple of winners we had last week.

BAC, a swing trade idea we posted on the site last Monday, has been on a roll.   BAC hit the first target of $9.80 Friday up 17% this week. The next target is $12.00 so keep an eye on it.

OREO was a sweet treat for investors as well, from our Tuesday alert price of $1.40 the stock ended up reaching a high of $1.94 for a nearly 40% gain!  Goes to show oil and gas plays are hot right now, with that in mind, we have another one for you Monday.

Our alert for Monday is Friendly Energy Exploration, FEGR, and the stock closed Friday at $0.0095.

FEGR is a oil and gas exploration company.

FEGR has 5 leases in Texas and Oklahoma.

Two of FEGR's leases really excite me.  

FEGR's Hutchins Creek Lease has shown through testing that it has the potential to produce 200 barrels of oil a day!

FEGR's South Thrifty Lease has shown it could have a minimum of 2 million and up to 7 million barrels of recoverable oil.

Those are some pretty impressive leases for a stock priced at this level.

What excites me most about FEGR however is that the timing feels perfect for this stock.

The rising price of oil has made oil and gas stocks a hot sector.

FEGR's starting to get the word out on its company.  I believe they couldn't have picked a better time.  Considering its low price and lack of trading history, when this thing starts to trade it could really fly.

Penny traders tend to love stocks like this, subpennies in hot sectors tend to be the kinds of stocks that bring back big returns, fast.  

As always, do your own research, don't chase gaps, use limit orders
to enter positions, always use stop loss orders to protect your
position, and take profits when you are in a position to do so.

Get ready to book your profits with FEGR.
 
Gray 
 
Good Trading,

Mark 

 

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