PetroKazakhstan, Inc. (PKZ)

[FinancialAdvisor]

PKZ - Interesting oil company. Even though I'm a big fan of alternative energy over the long-term, I have created a list of oil companies which look good to me because I can't doubt that with wars being faught for oil, that there will soon be financial battles to take out publicly-traded oil companies just for their potential reserves alone.

Now back to my list, PKZ made the short oil list after my strict tops-down approach. What makes me potentially bullish on PKZ is the low company P/E and I also like the technicals here off of the recent dip. Obviously there is risk given the low P/E but I feel that the risks are far less then the potential reward here, and any future risks may have already been priced in on the recent dip.

PKZ is one of a few stocks that I would be bullish on at this stage in the game, and I'm surprised to see a board here on Ihub. Just thought I'd add my 2 cents here.


Good luck.