First off I am definately not a Scotty Fraser fan ! lol !! but I can verify Ultra Petroleum and Pennaco Energy were his picks many years ago. If I remember correctly Ultra was initially on the vancouver or alberta exchange when he was touting it. Ultra went down to under .25 maybe even .10 after he first reco'd it. It did go up for awhile from his buy in price. I had like 40k shares of it back then and barely broke even on it. A lot of averaging down on this one I did. If I would of only known !!
I believe it moved from the canadian ex to the amex to where it is now. After I sold it I didn't here about it again till it was like $56 a share.
As for penaco I remember the mailer at $2 and then it going to $16 some time later but I really didn't follow or play that one.
He's had winners and losers but if you play his pix watch your ass is all I can say.
You have to do a little more digging to get information on the other stocks in this issue, and it has Ultra Petroleum (UPL), perhaps most unique because it is a stock listed on the NYSE. Here, Scott says that he was the first to recommend it at $1 per share. A fine feat if it's true, as this stock closed at $3.12 in January of 2001, the earliest I could find (this is a split-adjusted level). So if he recommended it at $1, it was quite a ways back, and I'd like to see evidence of it, because he says that it's up to $120 pre-split. The odd thing is that right now it's trading at $68.07 and the last split was in 2005!
The next stock is Pennaco Energy, and Scott says he recommended it at $2.50, which can't be verified (of course), and he does say that it was bought by Marathon Oil for $19 per share. This last part is true, so again, I'd like to see if he did make this call. If so, it's the first one he may have right. You can't always bet on acquisition, but it's a decent one if he called it as such, rather than just lucking into it.
News 
Market Data 
Discover 
