LSGI December Report: GEOI & FXEN Strong Buys

[wilmawatts]

Correlations and volatility remain at record highs in the stock market - but the energy sector marches onward. We discuss why oil prices are most likely heading higher - and how our LSGI portfolio firms have hit the ball out of the park financially - in our December Report published yesterday:

http://www.lsgifund.com/SMU/LSGI_Dec11_online.pdf

FX Energy call options should do well, we profile recent developments at the company. Dan's description of FX Energy as a "million dollar lottery ticket with no downside" is on point; we have quite a few 'lottery tickets' on this one.

GEOI plugs along, things look good.

A watchlist favorite is Evolution Petroleum (EPM) - we also update EPM in the Report.

Have a great holiday. Thanks for all your great work Dan, looking forward to 2012 and the changes to your sweet 16 portfolio. Lots of good energy companies in the mix now - one sector that is doing very well.

[dan_s]

An updated profile on EPM is now available under the Watch List tab. EPM is being considered for promotion to the Sweet 16 on January 1st.