Friday Jan 27, 2012
Natural Gas
This article suggests many still believe nat gas will go lower. That is probably the precursor to it not going lower. DIsbelief is the first stage of a market shift.
This article suggest that trucks not cars are more logical converts to nat gas. Indeed where propane has been widely available in Western States, many pickups have run on propane and gasoline for decades. The article mentions Westport as a conversion maker for trucks. It trades for $38 and has yet to make a profit and pays no dividend. That is why HGT and SJT look better to me.
RIG Transocean
Here is some good news for RIG Transocean one of our picks back at $40, WSJ this morning
The owner of the Deepwater Horizon drilling rig won't have to pay compensatory damages related to oil spilled under the ocean in the worst offshore spill in U.S. history, a judge ruled Thursday.
BP PLC is required to indemnify Transocean Ltd., the owner of Deepwater Horizon, against compensatory damages related to the 2010 spill in the Gulf of Mexico, U.S. District Judge Carl Barbier in New Orleans ruled.
The Euro
1.3146......and oil is back up against $100....I am wondering if bonds and the dollar finally break the same day...
Some out of favor dividend plays to consider near 52 week lows which are showing improving technicals.
DTEGY
FTE
TEF
IST
IPU
VE
GDFZY
Posted by: Robert Takacs | January 27, 2012 at 08:05 PM