To be honest (in my opinion, of course), I don't think BSIC, ASPN, or FPPC will be ten baggers in 2 or 3 years. These are somewhat conservative plays, with proven management and smaller, low risk growth projections.
I guess that's why I like them so much. All three are focusing on steady growth and consistant earnings. Granted, FPPC went after somewhat of a wildcat recently, but overall management looks for low-risk drilling opportunities and manages the cash flow accordingly.
10 bagger potential? Maybe, but I'm in these because I have a great deal of confidence in consistant growth. I could easily see more than a double from here for each over the next year or so, but I seriously doubt any will hit that huge homerun. Still, as each continues to increase their EPS, they will no doubt get more and more exposure and coverage.
I think the homerun plays are those high-risk companies who may be bleeding through paper shares, but are financing large well projects in foreign countries, etc. TGA comes to mind of a very well run company that is attempting to find some gushers in the Middle East. I'm sure that the board could share many others, although it would be hard to find more honest management than TGA (from what I hear, of course).
Not to say that a gusher isn't possible, but much less likely with US drillers. I simply like their low-risk and steady successes at the drill bit.
My favorites in order are:
ASPN
FPPC
BSIC
I think FPPC probably has the most 10 bagger potential, but I still like ASPN better due to Mr. Cohen's great reputation and success rates and I really think that NGAS is going to be in great demand, even more so than oil in the future.
