some have done very well as he touts but he has also had losers that I got tips on-the win/lose ratio is unknown as he only publishes the winners-we all win some and lose some- the task is to pick more winners than losers- it is not good to see an energy company -OIL raise capitol by selling shares as there are not enough shares to fund O&G exploration and production-having said that I am gonna do some digging on this one as I live in Texas and have lived my whole life in the oil and gas fields-New Mexico is close by (100 miles) I have a friend here that is an independent producer-he pulls in several private investors on each well he drills -4-5 per yr.He is a geologist and is a bank of knowledge but he does not believe investing in SMALL public O&G company's-now thats not to say that I have not made money on some -I have but when the company tells you they may need to sell shares for money, they are not doing well.I too see oil going balistic this summer but the reason I believe it is because I talk to on the ground people all the time and I see the drilling here in west Texas getting close to where it was before this last crash in oil prices-service company's are gearing up and buying new equipment from the forecasts of their customers-this is in my area only -I do not know how the rest of the country is doing other than the weekly rig counts-Texas has fared much better than most of the U.S during this economic crash. some Oil stocks will blow this summer imo --which ones is the question FWIW
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