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Message: Excellent Day

Excellent Day

posted on Mar 24, 2009 12:37PM

What better way to spend a Tuesday than with a clear view of Diamond Head from my hotel room, wireless internet, and Oil.V up 60+% today.

Not sure if the hike today was pure spec or if a leak has started, and it is hard to guess as everything concerning the prospective bidders and onsl selling price has been extremely tight lipped since the start.

The next few days will paint a better picture as to the accuracy, but E&Y have stated they want a sale completed by the end of March and, well, that is only a few days away now as compared to my last check-in here.

Congrats to all the Notters who took my strong buy recommendation last month. Sell at a 2 bagger today or let it ride for a long shot 10x or anything inbetween. Nobody knows where this will end up but the price of Oil us up 50% since the time OIL put ONSL into admin and we should see $70 bucks a barrel by the summer.

Another good pic to keep an eye on is OYL.V They have a load of property rights off of Guyana and could be a good takeover target, especially as the 3-D imaging results are soon to be released. Trading quite high compared to the last few months but then again, what hasn't been lately (with the exception of the obvious one we hate to love - NOT).

Anyway, congrats all. Bottom picking is always more fun than hanging on to the top branches.

M1.



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