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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (2761)8/11/2003 10:34:02 AM
From: Gulo  Read Replies (1) of 23958
 
Here's a short and long-term Yeehaw candidate:
PKN
cbs.marketwatch.com

Petrokazakhstan rose from a penny stock to its current $15.00 by exploiting a massive oilfield in Kazakhstan. It has proven itself capable of negotiating Kazakh politics, but still trades at a huge discount to its intrinsic value. The company has a PE of 5 and is growing like fungus. It just announced a buyback of 10% of its public float.
This could be the year that the political uncertainty discount is removed.
I'm playing it through options.
-g
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