solar jim

Northern Oil May Be Headed South - Barron's

Another article from Barron's that is bearish. I think its a requirement to get a job there that you are not allowed to ever give a positive piece of coverage. I don't know offhand, but I'll bet they said to sell GOOG at every point along its stock lifetime. If you want to not make money - buy a subscription to Barron's.

While I don't own any NOG and don't plan on it, I did research them along with CLR when I was looking into the Bakken oil. I went with CLR, but not because I thought NOG was in trouble as the author of this article does.

All Barron's does is print with abondon all the rumors they get from anonymous 'insiders' who in actuality are more likely hedge funds that have huge short positions they want to blow out at a profit (after using Barrons to disseminate the propaganda).

I saw the cover of Barrons a week or two ago (and really, there's not much point in wasting your time reading past the front page) and they had the question on the front asking if the housing downturn was over. I bet they advocated to get in and buy some homebuilders. Watch how that one plays out over the next year while the market still tries to find a bottom, unsuccessfully, in housing. People like to bash Cramer, but these guys are soooo much worse. Cramer at least gets it right sometimes on some grand slams. These guys.... I think the best that can be said is that they might not lose you too much money if your lucky.