I entered into a stock picking competition with a number of other bloggers at the beginning of this year. I picked four small oil-related companies as part of my “swing for the fences” strategy. So far it has paid off since my portfolio is up over 40% for the year. In the last stock picks update I was in first place thanks to the surprising strength of oil prices. Regrettably my performance has dropped off a bit and a couple of my competitors have picked up their socks. Regardless, I’m still in 3rd so I’m happy with that.
|The Financial Blogger||24.49%|
|Dividend Growth Investor||11.51%|
|Million Dollar Journey||8.49%|
Here are my stock picks and purchase price and (Oct 1 close)
BCF.to – Bronco Energy $1.27 ($0.76)
HOC.to – Heritage Corp $3.65 ($8.31)
TOG.to – TriStar Oil and Gas $11.41 ($15.38)
CLL.to – Connacher Oil Gas $0.74 ($1.06)
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