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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (38651)7/30/2010 10:01:30 PM
From: Paul Senior  Read Replies (2) of 78748
 
EKS. Yes, North Dakota and other states. As regards North Dakota, I've looked at every public e&p company I could find that has oil operations and/or land holdings there. I have a few shares I'm just tracking in some of the big obvious characters - EOG, CLR. Like you, I've a position in MDU, which I'll add to if stock drops. Am just holding a few shares of the smaller e&p's, such as GEOI, KOG, AXAS. My preference and focus now is the smallest e&p's, especially if they are foreign owned, which I suspect may make them somewhat obscure or unknown to most US investors. (And with that, it may be a positive for somebody trying to accumulate shares now.) AEI.to would be an example. Some of these smallest e&p stocks trade very low volume with wide bid/ask spreads. Everyday, I have orders in to buy as I slowly try to build positions.
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