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Compiling comments that experts make about stocks while on public TV.

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Joseph Schachter , President

Schachter Asset Management

Date Signal Symbol Company Opinion Price
2013-02-12 N/A A Commentary A Comment -- General Comments From an Expert

Oil/gas. Even if Keystone got approved tomorrow, the bill time would take it into 2015-2016 before it affects the movement and flow of large volumes. Keystone was built for the amount of new oil that was found in 2010-2012 and there are still a lot of projects on the go. We need a couple of Keystones or Keystone plus the TransCanada route going to the East plus TransCanada expansion plus an oil pipeline going through BC. Right now we are in the best zone for the sector in terms of pricing, which is winter. Historically, prices peak in February/March, and then retreat into the shoulder season. How far they retreat is based on how the inventories are and what excess capacity OPEC has over what is currently demanded. Thinks people should be selling into strength and building up some cash liquidity for a better buying opportunity later this year.

 Price:
$0.020
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
_N/A
2013-02-12 PAST TOP PICK BNK-T Bankers Petroleum

(A Top Short April 5/12. Up 18.22%.) Had recommended this thinking it was going to be a two-for-one sale and it was. If oil comes off by $20, they will be impacted negatively on their net backs, so again the stock is vulnerable. A Buy again at $1.50.

 Price:
$3.140
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2013-02-12 TOP PICK CASH CASH

(A Top Pick April 5/12.) Recommending that clients have 20% or more. Thinks the CSE (?) Index is going to go down from the mid-$200 to about $200. Oil/gas price of about $97.50 will face $20 or more downside between now and the summer driving season. There will be some great buying opportunities with some stocks going down 30%-40% if there is a break.

 Price:
$0.010
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Yes
2013-02-12 BUY on WEAKNESS ECA-T Encana Corp

With the issue of management change and what is going to happen, a lot of people are still turned off because of Cenovus (CVE-T) being spun off. Making a lot of progress on the liquids side. Stock is very cheap, but until natural gas prices recover, which may take it into the winter of 2013-2014, the stock will be in a holding pattern. If you see the stock drop into the $17 range, you’d want to get this for the long-term. Fabulous land position and their cost structure is very good.

 Price:
$19.540
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2013-02-12 WAIT GTE-T Gran Tierra Energy Inc.

Just put out a release talking about Peru and it looks like a good discovery there. Will be getting results at the end of February. Potentially $7 of good value and the stock is moving towards the high end of that range. He would wait. There are issues in Argentina and he doesn’t see any other high impact drilling for the near-term.

 Price:
$5.950
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
No
2013-02-12 BUY on WEAKNESS LRE-T Long Run Exploration

Really likes this one. Management has done a great job. Have taken in some acquisitions. Doing about 23,000 BOE’s a day at the end of 2012, about half and half liquids and natural gas. Lots of growth in their natural gas assets once prices recover. Trading at a big discount to book value and NAV. Great by in the low $4’s. His target is $6.

 Price:
$4.350
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2013-02-12 TOP PICK NKO-T Niko Resources

(A Top Pick April 5/12. Down 71.96%.) Had problems in India but it looks like the pricing should be resolved in the next couple of quarters. Once pricing moves from $4.20 to $8-$9, it will double their cash flow out of India. Exploration at MJ1 in India should commence in Q2.

 Price:
$9.340
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Yes
2013-02-12 TOP PICK PMI-X Petromanas Energy Inc.

Core focus is in Albania and as well is partnered with Shell in Chile. Shell is paying $25 million for the 1st well and will then pay $23 million for the 2nd, which will be drilling in Q2. Also, paying $20 million for seismic. Also, have operations in Australia and France. Have about $50 million in cash on their balance sheet. $0.60 risk target for the next 12 months.

 Price:
$0.140
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
No
2013-02-12 COMMENT TGL-T Transglobe Energy

Trading very cheaply because of the Yemen issues, but more importantly the Egyptian political issues. There have been no difficulties in the field. Longer-term, you want to stay with it because it will do quite well but will require some patience.

 Price:
$8.750
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
No
2013-02-12 COMMENT WZR-X WesternZagros Resources Ltd.

Was a Top Pick early 2012. Stock got to $1.40-$1.50 and he recommended people take profits in June-July. Stock has now pulled back to the $1 level and they are going to be drilling high impact wells starting in Q3. Expect the stock will stay in a holding pattern until they start drilling. His target is $1.50. Political situation is very difficult and is the #1 risk. Expiration cost structure is also very high but the size of the prizes has been massive.

 Price:
$1.040
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
No
2012-12-05 N/A A Commentary A Comment -- General Comments From an Expert

Oil. Inventories in the US went up shockingly in the wintertime. Normally you have massive drawdowns on a weekly basis. We had 5.9 million barrels growth in total inventory and we are now at 97.5 days. Normally at this time of year you would be low 90s and, after winter is over (February & March), you would be in the low 80s. Also, we may be facing the fiscal cliff in the US. Near-term price range he expects, would be maybe $75 on the downside and maybe $95 if there is any Middle East ruptures or concerns.

 Price:
$0.020
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
_N/A
2012-12-05 N/A A Commentary A Comment -- General Comments From an Expert

Natural gas. Inventories are at record levels and the supply continues to grow. Demand, however, is growing very rapidly in the US, especially from the electricity side of it. With coal at under $4, natural gas wins the market share. There is quite a bit of demand growth here.

 Price:
$0.020
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
_N/A
2012-12-05 COMMENT CNQ-T Canadian Natural Rsrcs

All of the names such as Husky (HSE-T), Suncor (SU-T) and this one are very cheap and some are trading very close to BV. Issue is going to be, when do we see natural gas prices turn? Also, in the oilsands projects, costs, ability to expand, shortage of manpower, etc. are bothering the market right now. If we can get some progress on the fiscal situation in the US and more progress on the banking situation in Europe, heading into 2014-2015 he feels we are going to see a decent new economic cycle. But there is more pain ahead of us right now.

 Price:
$27.780
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2012-12-05 PAST TOP PICK DEE-T Delphi Energy Corp.

(A Top Pick Sept 25/12. Down 3.39%.) Still likes the story. Involved in the Montne play and have a number of good wells that have come on. Have to sell some assets to get the balance sheet in better condition for the tough times that are coming. Very cheap. Feels it is in a holding pattern between $1 and $1.75. Buy on dips. Take a 2-year time horizon if you own.

 Price:
$1.110
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Yes
2012-12-05 COMMENT DXE-X Dualex Energy

Will be drilling in Q1, hopefully February. This is a very big prize, could be 50-60 million barrels. Going to do another seismic program to define opportunities. Market has been waiting for them to start drilling.

 Price:
$0.210
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 877 entries
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