your number 1 stock pick for 2011, page-84

Instead of pushing my own shares

I thought I might just add some words of caution here

to the dreamers chasing wild dreams of O&Gs drilling monster wildcat wells

If MOG/MEO disaster is not enough to ring alarm bell for you

check out MMR/BUY/GBA/BPH's latest ann (yes they may still hit some shows on next target reservior, but things dont look good for now).

NDO/KIK is not doing any better

For wildcat drills, I buy early and sell all position days before spudding

Appraisal wells, I sell half pre-spud to free carry the rest

So if you want to hold an O&G stock before results, make sure you are:

1. free carried, &

2. the well is at least appraisal well

Otherwise you score a better chance at casino playing roulette imo

just my thoughts

before chasing the multibaggers

know how to protect your capital first

safe trading 2011 everyone