Arete Industries (ARET)

[Eagle1]

ARET: from willy.... OIL SECTOR IS HOT!!!

Readers. I am giving you many winners. You have all made some serious money trading my stock plays. Keep on every one of them because I am being selective looking for the best stocks with the highest possible percentage move. ARET is one I am loading the boat holding a significant position. I added today and was happy buying the dips.

Oil Sector is Hot!!! ARET is in a sexy sector and if they close the recently announced merger in the oil sector the stock will fly!!!
Look at the chart for PGPM who recently announced acquisition of 14 oil wells. The stock is a pink sheet stock and went from sub penny to a high of .28. ARET could easily make the same type of run if their acquisition is similar and ARET is already trading on the OTCBB.

Tuesday ARETE drops the `e' This is significant in advance of the possible merger, "Arete Industries, Inc. received a letter of intent for possible merger and $25,000 nonrefundable deposit on May 11, 2006." "The letter of intent was received from an undisclosed oil & gas company. Representatives of the Company are in Florida today for a meeting to begin the due diligence process and set a schedule. The Company plans to issue more details and an 8-K as soon as they have a definitive agreement."

News Source http://tinyurl.com/nmcfu

Symbol Change
13:36 05/16/2006 ARETE to ARET Arete Industries, Inc. Common Stock
Source Link: http://tinyurl.com/flnsf

ARET could explode on news any day. Everyone be diligent watch for news and don't miss the run that is getting set up by traders.
Remember the float is only 279 million shares and the stock has traded a third of that in two days. This stock is winding up like a spring ready to leap higher on merger news completion. I am expecting to read something this week from the company.