Since buying some gas stocks, I've been watching a few other companies looking for an opportunity to buy in. I liked MEL in the high 30s and have been waiting to buy Dart Energy, but that sp has doubled in the past couple of months.
Since it was spun out of Arrow Energy the sp has jumped from 0.65 to 1.35. Eastern Star Gas hit a high of 1.165 last year and 1.04 earlier this year, but has since retreated to the 80s. Maybe it's a case of having to take one step back so we can take two steps forward.
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