FX Energy: My Lottery Ticket

[dan_s]

I often refer to FXEN as my "Lottery Ticket". If their Putno well hits what they they think is down there, the share price could run up to over $50/share. Putno is a wildcat, so the chance of success is probably less than 10%.

The good news is that nothing is priced into this stock yet for this fantastic upside potential. So, it is a "Lottery Ticket" with very limited downside.

FXEN is on our E&P Watch List.

Read more;
http://seekingalpha.com/article/385961- ... urce=yahoo

[setliff]

a lot of folks shopping the lottery today. fxen up >7% on very heavy volume. seeking alpha have this much pull?

[dan_s]

They probably do. It does not take much volume to move these thinner traded stocks. MIND is the same way.

I think MIND is going to report a stunning Q4. Look for it to run up to my Fair Value estimate as earning release date approaches.

BTW "Putno" should be "Kutno". I think the well is Kutno #2.