DXI Capital Corp. (DXIEF)

[Picassa]

Dejour Energy (DEJ) is an independent oil and gas company. Dejour has an excellent management team that made investors many times their original investment in a previous publicly traded oil company. Dejour CEO Robert Hodgkinson founded Optima Petroleum, which later became Petroquest Energy (PQ) and now trades on the NYSE. This company appears to be gathering momentum in terms of drilling progress and could be a multi-bagger in 2012. Multiple analysts have recently initiated buy ratings and one analyst has a long-term price target of $2.50 per share. Dejour could be acquired by a larger oil company because the valuation is way too low considering the drilling prospects for the next few years. In the meanwhile, the stock is making higher highs and higher lows in a very weak market, and that is a very bullish sign for future gains.