FWIW, I have been AIMing WFT now for 3 months. It's had 1 buy and
2 sells. Up 37%, next s 33.75 and next b 20.5. Sold 12% this week.
I considered WFT, FGI, VRC, RIG, RON. You may recognize these from the "play" one of our other AIMers was doing here on the board. I did some simple averaging and support analysis came up with the following first level support respectively: 35, 26.5, 16, 42, 52 at $17-$18 barrel of oil. My own 'potential' for each came out to 71%, 67%, 40%, 45%, 73%. I chose WFT because of insider support to the 34 level and because of it's larger capital structure, and services should rise first before major oils.
I would mention another long shot would be KMG.
BTW, I'm not a professional stock broker, just a simple AIMer. I'll provide my charts if you wish.. Good luck
SAM |
