Tandem Energy Holdings (fka TDYH)

[sumisu]

Agree

Jagman, I think back near the beginning of September that China was to initiate establishing/adding to its strategic oil supply and then Hurricanes Katrina and Rita hit. So they deferred buying at those high prices. You're correct; they will buy at the lower crude prices and provide that $50 support level.

Swings are important in gas and oil and we are experiencing them now in October. Once $100 oil did not materialize after the hurricanes, that hot money left the energy sector. However, October is historically a soft month for the energy sector, so that added to the downdraft this month. (I just learned of this softness.)

I sold out of that "chop shop" stock, AMEP, and added three coal companies to my portfolio: BTU, ACI, CNX. These are expensive, but have come back a bit, again, with the downdraft of the October market. I stayed with my positions and feel that they will rebound and grow during the winter months, particularly with the high projected natural gas price.

This could be far out, but if there is a thing such as "Peak Oil" and "Peak Gas," then I believe that coal will be a transition energy alternative until other energy sources are developed. BTU (Peabody Energy)is becoming very proactive in making coal "cleaner" and thereby acceptable.

I review the following site daily: http://www.321energy.com/

LOL, this is funny. When I went to get the above link, I came across another link in this site:

http://321energy.com/editorials/gerbino/gerbino101305.html

I went to school from 4th to 12th school with the author, Ken Gerbino. If you're interested in precious metals, go to his site and read his commentaries. I have him managing my gold/silver holdings. Just a thought.

I too hope for that solid news from Tandem soon, but I think they are dotting all the i's and crossing all of the t's with that audit. Things have to be exact, if they intend on moving to a higher exchange.

Have a good weekend (I've had 8 days of rain).

sumisu