New visitor? Consider subscribing by RSS or by email.One of my favorite energy stocks, Bronco Drilling [[BRNC]] agreed to be bought out by Allis Chalmers Energy [[ALY]] for $437.8 million in cash and stock. That should come as no surprise to readers of this blog. [...]
On January 12, after picking up shares at $13.72, I stated that Bronco Drilling (BRNC) should hit $16.50 on a bounce and perhaps up to $20 with a strong recovery in natural gas. Since then, we got the bounce in the stock, and some lift in the underlying commodity.
That said, natural gas is nowhere [...]
If you are trading microcaps without tracking the movements of insiders and institutions, you are trading blind. Fortunately, there are many great tools available to allow you to follow in their footsteps. Here are two I highly recommend:
Stockpickr: Stockpickr, the brainchild of TheStreet.com writer James Altucher, takes the basic information that institutional investors [...]
When I bought shares of Bronco Drilling (BRNC) and wrote about the stock earlier this week, I knew that the compelling value it presented would eventually gather attention. I just didn’t think it would happen in a matter of days.
In Barron’s Roundtable, famed value investor Scott Black gave the stock a nod:
How about another [...]