"The Street" is sending out buy signals for SSN. That's gotta be good! Cheers beers Happy Valley
See article below for the bit about SSN as one of the five Penny Stock Energy Plays:
5 Penny Stock Energy Plays
By Louis Navellier 09/20/10 - 03:06 PM EDT Add Comment
Stock quotes in this article:SNEN, SSN, LEO
By Louis Navellier of InvestorPlace
More on SNEN
Market Activity
Dreyfus Strategic Municipals Fund| LEO UPSamson Oil & Gas Limited| SSN UPRAM Energy Resources Inc.| RAME DOWNWith crude oil prices at about half of their 2008 highs and only a few dollars off their lowest levels of 2010, you may not think that energy stocks are a great investment. Crude oil behemoth Exxon Mobil(XOM) is off about 10% so far in 2010. European oil stock leader Total(TOT) is down 23% since January. And Dow component Chevron(CVX) is barely keeping pace with the market. But a small group of small-cap energy stocks are really hitting their stride. These penny stocks trade for just a dollar or two a share and are very affordable. They also offer explosive profit potential that penny stock investors are used to.
Here are five energy penny stocks to consider.
Samson Oil & Gas (SSN)
Based in Australia, Samson Oil & Gas(SSN) is engaged in oil and gas exploration in Australia as well as the U.S. Since January, SSN has seen an incredible gain of 433%, compared to small gains by the broader markets. At the beginning of 2010, the stock was trading around a quarter, and is now up to $1.29 as of this writing. Based on its affordable stock price and its recent stock surge, Samson Oil & Gas is an energy penny stock worth buying.
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