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Monday, December 14, 2009

Nat Gas derivative play - PWR

It is amazing how one event can change the perception of things. With Exxon buying XTO nat gas is in the forefront. A derivative play of nat gas is PWR, especially with their recent purchase of Price Gregory Services.

PWR now looks very interesting for two important reasons, and I think the big boys have realized they threw it away for no reason. (IMO, that is why it is up so nicely today.)

1. the largest windfarm is being constructed

2. PWR positioned themselves beautifully for nat gas construction.

(hind sight is always 20/20)

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