This Canadian oil stock’s looking to tap into Iraqi oil

Iraq’s instability has weighed heavily on its oil exports. That’s caused many oil companies, including some Canadian oil stocks, to hold off on investing in the country.

However, the situation has presented some real bargains for foreign firms willing to take larger interests in Iraq… Read More

Two oil and gas stocks: two levels of risk

BIRCHCLIFF ENERGY $7.63 (Toronto symbol BIR; SI Rating: Speculative) (403-261-6401;; Units outstanding: 123.3 million; Market cap: $940.5 million) develops, produces and explores for oil and natural gas in northwestern Alberta’s Peace River Arch area.

Birchcliff owns oil production and drilling prospects at Worsely, Alberta. The… Read More

The Stock Pickers Digest Hotline – Friday, October 23, 2009

AMAZON.COM INC., $118.49, symbol AMZN on Nasdaq, shot up 26.8% today after reporting sharply higher results in the latest quarter.

In the three months ended September 30, 2009, Amazon’s revenue rose 27.8%, to $5.4 billion from $4.3 billion a year earlier. Earnings jumped 68.6%, to $199… Read More

The Stock Pickers Digest Hotline – Friday, September 4, 2009

GREY ISLAND SYSTEMS INTERNATIONAL $0.34, symbol GIS on Toronto, has renegotiated the terms of the friendly takeover offer it received from WebTech Wireless (symbol WEW on Toronto) last month.

WebTech’s main product is its Quadrant fleet-management system, which lets dispatchers know where their vehicles are… Read More

Two Aggressive Buys With Passing Problems

BAYOU BEND PETROLEUM $0.58 (Toronto symbol BBP; SI Rating: Speculative) (416-364-8820;; Shares outstanding: 308.3 million; Market cap: $178.8 million) plunged 40% in one day recently after it drilled a dry hole in the Gulf of Mexico. However, we think investors overreacted to the results… Read More