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Location: Los Angeles, California, United States

I first became interested in stocks at the age of 14 and I have been an intern for three summers at a large Investment banking firm on the West Coast. I do research on stocks all the time and I also enjoy basketball,hockey and football

Saturday, May 06, 2006

Energy!

I found a great little company Vaalco Energy(EGY) that has increased its revenues from $56 million to $84 million in 1 year. For the most part because crude oil increased on average about $14 dollars a barrel. But it's production has also become more effecient and has on reserve 5.3 million barrels as of the end year 2005 compared to 4.7 million barrels on reserve at the end of 2004. Its cash on hand is about $44 million which is a ton of cash for this tiny AMEX company. Watch this company to pump out money to its shareholders in 2006. Recent Price:$7.03 Price Target: $12


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