Second “Energy Crisis Pick?” Not so much. Argh.

May 30th, 2008   by StockGumshoe

I wrote last night about the energy crisis pick that was being teased as a beneficiary of the “Dallas Step Change Resolution,” and, if you’ll recall, I ran out of steam (and words) before getting to the second company that was teased in that ad.

The ad was for Mike Burnick’s Market Shock Trader, and it was all about two companies that will benefit from increased investment in alternative energy … the first one was a sugarcane ethanol play, I wrote (though couldn’t identify it exactly), and the second one is also a little paltry with the clues …

The teaser made over the top promises, of course — including this: “Buy in today, and you could bank your first 100% gains
before the first day of A Very Hot Summer…”

Summer is about a month away … so are we really going to get 100% gains in a month? One hopes that this gets the skepticism flowing in any reader’s mind, but you never know. Read the rest of this entry »

“Dallas Step Change Resolution: Energy Crisis Picks”

May 29th, 2008   by StockGumshoe

This email had has been circulating for a few days, and the “hook” of the ad was the annual meeting of ExxonMobil.

You probably heard all about that meeting, if you watched CNBC at all or read any business news. The Rockefeller family, descendants of the founder of Standard Oi (predecessor of ExxonMobil), and still major shareholders, started rattling the cage more aggressively in favor of change at ExxonMobil.

The argument in this ad is that their influence is being felt, and that this means that the resolutions that were put forward at the annual meeting in favor of green energy and sustainability would force ExxonMobil’s hand, which in turn would mean lots more investment in renewable energy, which itself would be just part of the massive world push for clean fuels and green energy.

Read the rest of this entry »