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Best of the Best: Today's Top Investment Ideas
'Best' stock pickers pick energy Print E-mail Digg It!
Monday, 05 May 2008

 Ken Kam monitors 70,000+ investors who create virtual portfolios on his Marketocracy site. Here are two energy stocks being bought by the 'best' performers, and sold by the 'rest'.

"Massey Energy Company (NYSE: MEE), is a mid-cap, Virginia-based, Coal and Consumable Fuels company, that specializes in producing, processing and selling of steam and metallurgical grade coal.

"They have 35 underground mines and 12 surface mines in West Virginia, Virginia and Kentucky, and their primary customers include utility and industrial companies. MEE has 27000 acres of drilling rights and interests at 236 wells.

"The 'Best' stock pickers have increased their holdings in the stock by 11% while the 'Rest' decreased holdings by 2% .

"Beginning in Aug. '04, the Best Investors purchased MEE at $28 and then they turned around and sold some in Dec. '04 at $35 and Nov. '06 at $25. In Apr. '07, some were invigorated with MEE once again and they bought some at $28.

"That bet has performed well, as the stock recently hit a high of $55.74. Now, in recent weeks, the Best Investors are enjoying the ride, and they have purchased more shares of MEE.
   
"Brigham Exploration Company (NASDAQ: BEXP), is a small-cap, Texas-based, Oil and Gas Exploration and Production Company, that specializes in using 3D seismic imaging and drilling for developing oil and natural gas deposits.

"BEXP has 760 wells, and is involved with exploration in West Texas, the Rocky Mountains, the Gulf Coast and the Anadarko Basin.

The 'Best' increased their holdings by 31% while the rest decreased their holdings by 1%. Indeed, the Best investors began purchasing BEXP in Jan. '04 at $8, and then in July '04 they bought a bit more at $9.

"In Nov. '06 they sold of some shares at $8, and that was nicely timed as the stock would drop to a low of $4.17 in Aug. '07. Since Feb. 08 at $7, and in the past two weeks, the Best Investors have purchased shares of BEXP once again."



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