23
May
2008
| Taipan Daily Sector Alert: Crisis Trader Readers Make 128% in Six Trading Days |
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| Written by Christian DeHaemer, Crisis Trader |
23 May 2008 |
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| Year-to-date natural gas prices have more than doubled and yet, until last week, natural gas producers haven't kept up. Crisis Trader exploited this opportunity by recommending FieldPoint Petroleum Corp. (FPP:AMEX) a natural gas/oil producer based on evidence it was going higher -- much higher. One week later, FieldPoint announced a 67% jump in revenue, and a 100% increase in earnings per share. The stock jumped 35% in a day and 128% over all. And the run is just getting started. The last time natural gas was over $11, this $4.28 stock was over $10. They Are Paying $18 in Europe, and It's Going Higher T. Boone Pickens, the oil billionaire, was on CNBC this morning saying that oil was heading to $150 a barrel and that the only natural replacement was natural gas. And he believes the U.S. has enough to replace 40% of oil. The UK's most respected newspaper, The Sunday Times, warns the UK?s natural gas prices are set to climbed 25% next year despite the fact they are already at record levels. This is because Japan has been paying twice as much for liquefied natural gas (LNG) as the UK, and at some point it becomes economical to ship it to them. Furthermore, as Russia secures its near monopoly in natural gas exported to Europe, it is ready to hike prices. Russia has 17% of the world's natural gas and is, by far, Europe's largest supplier. Last week, Russia flexed its muscles last week by shutting down 25% of the Ukrainian supply. The pipelines go through the Ukraine before heading west. Obviously, this has the Europeans skittish over their energy security. They are looking south to Africa. What you may not know is that Algeria is the No. 2 supplier of natural gas to Europe and is expanding rapidly, growing by 57% a year. I've discovered a small Canadian company with massive rights to Algerian fields. This stock could easily outperform FieldPoint. In fact, because of its massive holdings and the discounted state of North African natural gas, I expect it to do much better. I've written a free report about this opportunity. But please don't wait... the big money will be made this week. Sincerely, Christian DeHaemer Crisis Trader |