Michael Filloon
Oil & gas, energy, hedge fund manager, commodities

Bakken Update: Emerald Oil Gets Crushed On A Big Bottom Line Miss In Q2

Small cap oil and gas is a risky investment for those who do not know the industry. Many financial advisors won't touch this area for their clients, as these stocks are highly cyclical. Most will suggest names like Exxon (NYSE:XOM) or Conoco (NYSE:COP) as the average investor can't stomach a 30% retracement. Other investors make a living off of this area, and those who are good will always have a job. The most interesting aspect of this investment is watching very small non-operators find good acreage. This can propel a stock price exponentially in itself, as what happened when Samson (NYSEMKT:SSN) inked a deal with Chesapeake (NYSE:CHK) for its acreage in Silo...

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