Energy Penny Stocks
Publicly traded energy companies are for sure a risk. Sometimes they can strike it big and most of the times they come up empty, just like many of the bank accounts. But, sometimes one of these little stocks hit it huge, think Harken Energy. Ticker HKNI
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Penny stocks can be re-energized if the fractal drilling pays off.
Fractal drilling seems to be the best bet for the thinly funded energy companies. The big boys pick up, close shop on wells that have “almost” stopped producing, allowing the smaller companies to pay a small lease fee and see what they can get out of it. Sometimes these can payoff royally and other times it can bankrupt a company’s remaining funds – which was thin to begin with.