Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (38407)	12/18/2017 7:53:42 PM
From: Goose94	Read Replies (1) \| Respond to of 203026

Bonavista Energy (BNP-T) top pick from Josef Schachter on BNN.ca Market Call Monday Dec 18th @ 1300ET BNP is a natural gas focused company that produced 71,191 boe/d in Q3/17 of which 71 per cent is natural gas. To keep production flat in 2018 they only need to spend $160M so any excess cash will be allocated to pay down debt. At the end of Q3/17 debt was $722M and BNP expects to pay down $100M in 2018 and a further $100M in 2019. BNP pays a dividend of $0.04 per year ($0.01 per quarter). We expect in 2019 they should be able to increase the dividend. Our 12-month stock price is $7.00 and our 30 year target is $20.00 per share. The stock traded at over $15 per share in the heady days of 2014. The all time high was in 2011 when it traded at $22.24 per share.

To: Goose94 who wrote (38407)	12/18/2017 7:57:42 PM
From: Goose94	Read Replies (1) \| Respond to of 203026

Nat-Gas Bull ETF (HNU-T) Josef Schachter turned bullish last week on natural gas, small and medium cap energy stocks and the land drillers. Many of these stocks are down 50 to 70 per cent in 2017 and are being devastated by severe tax-loss selling. There are bargains galore! We added nine stocks to our Action Alert BUY list last week (after having none all year). We expect to add more names this week to this list as the end of tax-loss selling season is this coming Friday. On the sector we expect a double bottom phenomenon to occur as was seen in 2008/2009. Natural gas stocks bottomed in late 2008 and bounced in early 2009 and then retreated as oil stocks were hit hard on the price decline for crude in early 2009. A decline in crude is expected in early 2018 to below US$40/BBL for WTI which will take large cap oil stocks and offshore drillers lower. Once this unfolds we should get a second low and a buying opportunity for these stocks as well. From this second low the new energy bull market should commence and last into 2022-2023. Josef Schachter on BNN.ca Market Call Monday Dec 18th @ 1300ET