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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (40792)	1/10/2011 1:40:13 PM
From: E_K_S	Read Replies (2) of 78516

Re: Penn Virginia Corp. (PVA) xml.10kwizard.com It looks like BlackRock Inc, increased their holding in this one from 4.96% to 15.96% based on their Form 13G filed today. This is one I have on my watch list but would like to buy shares below $16.00/share. Nice to see that BlackRock Inc. finds value in the company. PVA has 51,000 net acres in the Marcellus Shale region, and just started up a horizontal drilling program. Consol Energy (NYSE:CNX) has a huge position of 750,000 net acres exposed to the Marcellus Shale and plans a major ramp in development over the next five years. Disclosure: I own CNX and am looking to add PVA on any pull back. EKS

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