Our Sweet 16 Growth Portfolio is now up 15.2% year-to-date and 97.5% since 1-1-2010.
Double the year-to-date rise in the S&P 500.
Results above include KOG and TGA through the date I dropped them back to the Watch List on 2/9/2011. They are both down a bit YTD.
MIND, NFX and Petrobank (PBEGF.PK) are the only current portfolio members that are down slightly year-to-date.
> Mitchham Industries (MIND) is going to report very strong 1st quarter results and it is trading way below my Fair Value estimate of $16.50 per share. IMO it is a STRONG BUY up to $12/share.
> See my comments on NFX under the Sweet 16 tab.
> Petrobank is heavily weighted to oil. I'm expecting it to make a big move for us during the second half of 2011 when the market gets a clear picture of what the company is post-Petrominerales spinoff.
Petrominerales (PMGLF.PK) is off to a great start for us. It is now up 24.5% since I added it to the S-16 on 1-1-2011. This company is a pure play on South American oil and it has incredible exploration upside. Premium Members can find our company profile and forecast model under the Sweet 16 tab. Just click on their logo.
FX Energy (FXEN) is leading the pack. It is up over 62% YTD and up over 250% since it was added to the portfolio on 1-1-2010. FXEN will be hosting our luncheon in Houston on March 31 so you do not want to miss that one. We will be webcasting the presentation for our out-of-town members.