Zapata George STOCK OF THE YEAR!!!!! 2007

[StockMarketFunding]

I like the video #UN# thanks for sharing. We did a few videos on the subject as well.

[tetekofa]

nyse $21.02, 3/10/2010

[ricochetVendetta]

@tetekofa $18.36 dec/12 PE 12 and yield almost 6

[StockMarketVideo]

GREAT VIDEO! Thanks for sharing!



Happy Trading!

[marthaa33366]

hope you fine oil

[ivangrozny27]

A great buy at the moment, down to around $7.30 (Mar 9 09). Appears to still be fundamentally sound & a lot of commodities including oil & gas are beginning to reboun in price. Even holding it for a month or so.

[funkster22657]

penn west sucks id hate to run in to somebody that i recomended penn west. they would beat my white ass

[ivangrozny27]

You won't find many wanting to buy the smaller energy companies these days. Good time to jump on board.

[studentsoffilm]

very informative, but would love to see computer graphics instead of paper, we need to get you into the 21st century with editing my man.

[investortownhall]

Great Job on PWE...get paid while you wait! I like this old timer analysis style with your paper hand and wall charts!!!! Very interesting stuff keep posting!

[trublu97]

give the dude a break. He called oil to hit 125 bucks 6 months ago when it was 70 and the bottom for NG at 5.50. Looks like this particular stock didn't do well. But, as a trust, the distributions should be going up as Oil is going up. Unless they can't maintain reserves, which is bad news for a trust and is a sell into any strength

[JiveDadson]

What do you mean, this stock didn't do well? It's paid a 34¢ dividend every month without fail.

[dtmhater]

you look funy with that hat. pirate in cowboy cloths. lol!

[Sentinel4truth]

Whoever bought PWE in Jan '07 lost a couple of bucks by the end of the year. You'd have been better off buying physical precious metals, but hindsight is 20/20. Fun video anyway!

[favouritemartian]

Genuine faux-pas...Its heading downwards sir...Apparently they did not even make money when oil hit $100 a barrel...while Chevron and Shell have posted record profits

[aronoda]

Yeah this guy isnt a great investor. Cant teach an old dog new tricks.

[LusoCMD]

To be sincere just look at the guy, look at his office it really doesn´t seem to be doing very well in life, he does have a persuasive bla bla but he his old ways in every aspect.

[clawfish1]

aww wtf du u expect him 2 do?come to yer house n blow you?wtf leave him alone

[anhacus]

Appearances can be deceiving. I was acquainted with a slovenly Jewish fellow in Manhattan over the years who was worth about a billion dollars. You would never know it by looking at him, and that's exactly how he liked it. Trump is a media whore. Rich people look at him and cringe. Too many eyes. Too much attention. There are many wealthy people in this world who are very secretive. This disheveled Jewish fellow owns six huge apartment buildings.

[ivangrozny27]

slovenly Jewish fellow....lol

[LusoCMD]

Since June when this stock hit the highs and since you posted this video this stock as been going down to $24.30 on 22 Jan 2008 the lowest since July 2005

Sorry but... you got it all wrong, just pure bad advice

[DL1RMP]

Very interesting !

[SGDeGalvez]

I can help. The tax laws change in 2011 taxing the divs by 31%. Institutions dumped the stock, panic followed, the stock had a long bleeding crash that is now over IMO. The stock is flatlining at 25-26. But, it pays 13% dividends. If the mid east boiles over, PWE will soar IMO. if the big bancs cut divs due to credit mess, PWE soars IMO. 400 shares gets 130 dollars per month. Cant lose IMO.

[swofts45]

George, how about a follow-up?

Any insight on the internal workings of this company & why it's struggling as of late?

[JEC252525]

i'm selling my house and buying Penn West. HA

[SGDeGalvez]

Stock is currently 26 and paying 13% yield for US investors. All the big dogs have dumped the stock, thier numbers are solid, Canada is #1 supplier of US Oil, the stock is close to a bottom, I feel, and is a buy here. 400 shares gets 133 dollars per month. old fogies dumped due to new tax laws, caused panic. Its time to buy.

[bassfishers]

Penn West, owned it, sold it and lost money on this dog of a stock. Long term means you will have zero money left.

My record, bought at 42 stopped at 38 now at 23

[LiptonGuy]

Hey Black Jack Mulligan,

I just took a look at your "Stock Of The Year" prediction from June 2007. Looks like this stock is now trading at an all-time low.

[BourneAccident]

A friend of mine explained how our weather was going to change dramatically to a more mild climate. He gave me all the scientific reasons and in quite dramatic fashion. It took me a while to consider this and how we would adapt to these changes. I was even thinking of how much I could get for my snow plow. Then it dawned on me. I asked when is this all going to happen. He said very soon...in the year 2250... Gee, I guess that's right about the time PWE will go up.

[BourneAccident]

"Why was this the #1 recommended stock of the year?" Hopeful speculation...and speculation based upon abstract fundamentals at best. A great formula to lose money. I lost a ton of money in the 90's by investing in well intentioned tips like this one. Stick to well capitalized companies with good growth and earnings. Make sure these companies can edge out their competition. Make sure there is institutional interest as well. Much less risk.

[2landscapes]

George, where are you ??

[2landscapes]

Notice how PWE was fluctuating wildly the weeks before George posted the video on June 27th 2007 and peaked for few weeks afterwards. It has been downwards ever since late August with an even stronger downward trend since Oct 29th. What's going on here? There is now only a few weeks left in 2007 and it doesn't look like it's going anywhere but down. Why was this the #1 recommended stock of the year?!

[BourneAccident]

Hey...tips are for waiters...I've been saying that for years...Money has left PWE at an alarming rate.  Reasons not to buy. 1. The stock has zero trade history. Big investors don't like that. 2. Short interest has already sucked every last dollar out. 3. All the rises were just shorts buying to cover. 4. It is obvious no one cares about this company anymore. Sorry, but I don't want to see the wall street sharks eat up any of you little brislings here!

[SGDeGalvez]

down 1000 on 400 shares in 1 week. Oil is high, demand is high, market is rebounding, PWE is tanking. 8-(.

[SGDeGalvez]

Goerge, PWE is bleeding. No fair just giving us the stock of the year and not burping us when we get indegestion. You still on board here?

[SGDeGalvez]

Pt1)ok. Doing some more research on PWE I find...some tax law in Canada is going to force it to cut its dividend by 2011. Also, the dividends are taxed 15% for US investors. The stock is bleeding now, I guess if you are going to buy, now would be a good time. But the divs do not appear to be stable beyond 2011.

[SGDeGalvez]

well, I bought 400 shares last week and Im down 400 bucks already. But the yield is 15% and I just cant see anyway the sharholder loses on this one. If you hold the stock 7 years, it'll pay for itself, plus you get whats left. I'll will post again soon with more learned opinions on the stock.

[2landscapes]

The year to date performance of this stock is now only at a paltry +1.9%. I still have not bought any of Penn West as the chart trends weren't looking so favorable. Do you still regard this as your stock pick of the year?

[2landscapes]

The year to date performance of this stock is now only +1.9%. I still haven't bought this because the chart trends didn't look very favorable. Do you still regard this as your #1 stock recommendation?

[verymaryhinge]

Hi George, thanks for posting this video-it is absolutely fascinating. Having had a look today at the long term chart for Penn West(best looked at on the TSX) the chart still looks bearish as the stock has now broken ca$28.

What are your thoughts on this as my reading of the chart gives me a lower target of ca$ 16 -17 ?

with highest regards

VMH

[SGDeGalvez]

well looking at PWE I see it is at 28.15. I guess its a good time to get in eh? Put me down for 400 shares.

[dmokri]

Thanks very much for your informations George. I jsut have a problem with stock market? When is the good time to take the stock and what are the signs or interest we need to look before we get our stock off after a period of time???

[maxamillion144]

great videos zapata thanx for your hardwork

[nightrider767]

Energy stocks may turn into the next "tech stock" debacle..

[blradcl]

Keep it up George~!

[OilGasPro]

I'm with you George! I joined you last November and have joined the 11% dividends plus the 40% plus capital gains!

PWE is a significant core holding.

I'm a 30 years experience, petroleum engineer w/ M.S. from Univ of Wyoming.

After years of experience in the business, I would advise prospective investors to buy and hold this one!

Thanks for presentation.

[xylofish1]

this guys a genius compared to idiots like cramer,i'll buy some of this

[ivangrozny27]

Just checked out PWE on sharpcharts and it's still a nice looking chart, though would've been better a couple months ago. Keep up the good work George, I'm loving your youtube vids. More more more

[stephan1998]

This is a statement. I bought PWE at 29 and hopefully have more fun with this investment.