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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (48006)	5/16/2012 4:49:18 PM
From: rllee	Read Replies (2) \| Respond to of 78659

GRH - Chart shows price to be touching right at 200 dma which was resistance from year ago high point near 8/11. May show promise if this level holds. Only time will tell....

To: E_K_S who wrote (48006)	5/17/2012 11:50:02 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78659

I'll follow you, EKS, with a small add to my position in shale oiler SSN. I'll also add a few shares to my position in Nigerian oiler, Mart Resources (MAUXF/MMT.v).

To: E_K_S who wrote (48006)	7/25/2012 2:04:56 PM
From: E_K_S	Respond to of 78659

Re: GreenHunter Energy Inc Common s (AMEX: GRH) - Closed out position Booked a 47% annualized gain on my very small tracking position bought in May 2012. I do feel comfortable enough to buy a small position in their newly announced cumulative 10% Series C preferred (Par @ $25). They have priced this offering at a discount to Par, $21 which will yield 11.9%. The offering will close July 31, 2012. GreenHunter Energy Announces Pricing of Public Offering of 10.0% Series “C” Perpetual Preferred Stock goo.gl The risk/reward is better holding this preferred than the common. There is a potential 20% capital gain w/ the preferred if the company gets bought out, otherwise you earn 11.8% while you wait. If so, the preferred will be paid off at par (ie $25). I think this is a more conservative value play than holding the common shares. Therefore, I sold out my GRH common share position and will deploy these funds into their preferred. I do like the company and their services but depending how they deploy the $8M proceeds from this offering will determine just how profitable they can be in the future. FWIW, I noticed a lot of insider sells on Associated Estates Realty Corporation (AEC) but at higher prices. Have added that to my watch list and could be a good one to follow Grommit into. EKS

To: E_K_S who wrote (48006)	10/2/2012 9:32:01 AM
From: E_K_S	Respond to of 78659

Re: Lucas Energy, Inc. (LEI) Lucas Energy Announces Execution of Joint Venture Term Sheet With Milestone Energy, LLC Lucas Energy, Inc. (LEI), an independent oil and gas company (the "Company" or "Lucas"), today announced that the Company has executed a term sheet for a Participation Agreement (commonly called a "joint venture" in the industry) with Milestone Energy, LLC ("Milestone") for the development of oil and gas properties located in the Gonzales, Wilson, and Karnes Counties, Texas area of the Eagle Ford/Austin Chalk Trend. The binding provisions of the term sheet call for Milestone to contribute 80% of the cost or value of the acreage to be developed and the Company to contribute 20%, and Milestone will be responsible for 100% of the drilling and completion cost, as well as project generation fees. The Company anticipates Milestone contributing from between $40 million and $100 million to the joint venture pursuant to the terms of a final Participation Agreement. It appears at least one company found value in LEI's acreage. EKS