Transglobe-Dave PescodA brief comment from David Pescods Late Edition on Transglobe:
This chart might start looking a little monotonous to some people,
but frankly we just love seeing a chart like this. The only thing better
than seeing a chart like this (TGL), is owning the stock that’s
involved.
It seems that every time we’ve talked to Bill Powers through the
magic of his salesmanship, we ended up with more shares of Trans-
Globe Energy and the one guy who’s got to be one of the hottest of
the oil and gas pickers of late, is looking better than ever.
Of his top four picks, TransGlobe which he’s maintained for
months has been his “best idea”. We have to agree that it’s got to
be the best of anybody’s ideas of late. Powers tells us that in the
next day or so, he would expect significant updates from Trans-
Globe and their partners on developments in Yemen and just what it
means for the company.
Obviously, there is a lot of folk with high hopes at this point as this
stock is even ahead of Powers’ expectations and his expectations
were never modest.