Stock Trades: Bought Xtreme Coil Drilling

Yesterday, I bought 2,000 shares of Xtreme Coil Driling (TSE:XDC) at $3.17 in my HELOC account.

Trade Commentary

Xtreme Coil Drilling is in my opinion an undervalued if not one of the most undervalued drilling stocks out there.  There’s no slowing down in NA drilling thanks to strong oil prices and the ongoing shale revolution.

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Stock Trades: Bought More Open Range Energy

Today, I bought 1,000 shares of Open Range Energy (TSE:ONR) at $2.09 in my TFSA.

 

Stock Trade Commentary

I increased my position in ONR today as prices fell below $2.10. I believe a new batch of investors from the original ONR got their new shares in PSN and are busy liquidating their

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Stock Trades: Sold Pinecrest Energy

Today, I sold 1,000 shares of Pinecrest Energy (TSXV:PRY) from my TFSA.

In at $2.52, out at $2.59, profit= +2.00% after commissions.

Stock Trade Commentary

I sold my last shares in Pinecrest Energy today in another bid at market timing. To begin with, my average price has been high in PRY and I would

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Stock Trades: Why I Bought the New Open Range Energy

Today, I bought 1,000 shares of Open Range Energy (TSE:ONR) at $2.10 in my HELOC.

Stock Trade Commentary

Open Range Energy recently completed its corporate reorganization by splitting into 2 entities:

Poseidon Concepts PSN.TO 12.93 [-0.07]: A high yield energy services business with robust growth in view.

Open Range Energy ONR.TO 1.04 [+0.01]:

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Stock Trades: Sold Pinecrest Energy and Xtreme Coil Drilling

Yesterday, I Sold 1,000 shares of Pinecrest Energy (TSXV:PRY) from my HELOC.

In at $2.42, out at $2.48, profit= +2.00% after commissions.

Today, I also sold 1,000 shares of Xtreme Drilling Coil (TSE:XDC) from my HELOC.

In at $3.05, out at $3.37, profit= +9.80% after commissions.

Stock Trade Commentary

This is NOT profit taking; this

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Stock Trades: Sold Artek Exploration

Yesterday, I Sold 1,000 shares of Artek Exploration (TSE:RTK) from my HELOC.

In at $1.53, out at $2.00, profit= +29.42% after commissions.

Stock Trade Commentary

Just like I said I would in my portfolio update, I let go of Artek Exploration at $2.00 for a nice gain of 30%. I would have loved to sit

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Stock Trades: Sold Second Wave Petroleum

Today I Sold 1,000 shares of Second Wave Petroleum (TSE:SCS) from my HELOC.

In at $2.16, out at $2.69, profit= +23.62% after commissions.

Stock Trade Commentary

I would have loved to keep SCS for longer but I would like to see the results of the European meeting on Wednesday.  Germany wants to see

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Stock Trades: Bought Eagle Energy Trust

Today, I bought 500 shares of Eagle Energy Trust (TSE:EGL.UN) at $9.25 in my HELOC.

Stock Trade Commentary

I finally recycled my DAY profits into another dividend payer, Eagle Energy Trust EGL.UN.TO 0.00 [N/A]. This is an interesting company: they are operating in good old Texas, they have cash on hand with no

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Stock Trades: Artek Exploration, Second Wave Petroleum and WestFire Energy

Last week, following the sale of DAY, I recycled the proceeds into new plays. The posting schedule was full so I get to discuss them this week.

Bought 1,000 shares of Artek Exploration (TSE:RTK) at $1.53 in my HELOC.

Bought 1,000 shares of Second Wave Petroleum (TSE:SCS) at $2.16 in my HELOC.

Bought

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Stock Trades: Sold Daylight Energy

Today, I sold 1,000 shares of Daylight Energy (TSE:DAY) from my HELOC.

In at $4.75, out at $9.70, profit= +103.8% after commissions.

Stock Trade Commentary

Bought on Friday, sold on Tuesday! No claim to fame on this one, just pure luck. Goodbye Daylight Energy, you will be missed. I am in no hurry to replace

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