100% Gains? Possible?

Posted by Turn Key Oil on December 6, 2011 · Leave a Comment

100% gains sound too good to be true. However, with these stocks it could actually be possible! I am hopeful on this, these are some of our favored stocks, and we would be excited to see these gains actually happen. Rougemont gives the details on how they stocks will make this jump.

Basic Energy Services (BAS) is trading at $18.84. Basic provides oil well cementing, pressure testing, maintenance and other services to oil and gas companies. These shares have traded in a range between $12.49 to $37.79 in the last 52 weeks. The 50-day moving average is $17.58 and the 200-day moving average is $23.63.

Marathon Petroleum Corporation (MPC) is trading at $33.39. Marathon is a leading refiner of oil. These shares have a 52 week range of $26.35 and $47.43. The 50-day moving average is $33.90, and the 200-day moving average is $37.38, so the stock is trading below recent support levels. Book value is stated at $28.15.

If these stocks are expected to double, it is important to remember to get in early. Follow closely, buy in when these stocks are affordable, prior to their jump!

Quotes taken from report by Rougemont, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.