Doral Energy’s new trading symbol is DRLY – and Doral is an Immediate Buy up to $0.50 per share. In our 2 September 2009 Internal Audience Update, I recommended taking all remaining profits on Cobra Oil & Gas (CGCA) and buying CrowdGather.com (CRWG). That portfolio adjustment proved instantly lucrative as CGCA stalled out and CRWG spiked from $1.25 to $1.60 per share. We still expect CRWG to move substantially higher over the near-term.

Right now, if you’re still holding Cobra Oil & Gas – close out of CGCA immediately and buy more Doral Energy (DRLY) at the current $0.42 per share level. If you previously bought Doral above $2 on our recommendation – and you’re now seeing Doral below $0.50 – do not panic. Doral Energy, on 14 September, officially implemented its previously announced 5-for-1 forward stock-split – which means you now own five times as many shares.

As a result of the company’s forward stock-split, Doral’s ticker symbol has now been changed from DEGY to DRLY – and shareholders of record prior to the split have had their share-position evenly adjusted to 5x the number of shares at one-fifth the pre-split price. Thus, one can view the 5-for-1 forward split as essentially a “strategic share realignment” designed primarily to increase market liquidity in the company’s float. We see this as a positive move by an astute Doral management team.

Doral Energy is steadily increasing its pole-position in America’s mighty Permian Basin. The company recently announced results from a 3rd party independent report on its Hanson Properties confirming 4.48 Million barrels of oil-equivalent (BOE) – valued at approximately $170 Million. We see Doral Energy moving multiples higher on a projected increase in oil and gas production and the rapid expansion of the company’s land assets in America’s premier petroleum basin. Doral Energy holds all indicators of becoming a Top-Performer in 2010 -- Make sure you own DRLY at current price-levels below $0.50 per share.

<< BACK TO HOME PAGE | ARCHIVES >>

This publication is based exclusively on information generally available to the public and does not contain any material, non-public information. Information is obtained from sources believed to be reliable, but the information cannot be guaranteed as to its accuracy or completeness. The author is not, and does not purport to be, a registered investment adviser and does not accept compensation from publicly traded companies in return for his commentary. The objective of this newsletter is to present Situational Analysis and to provide progressive implementation of the author’s proprietary Situational Strategy Templates. No statement or expression of opinion, or any other matter herein, directly or indirectly, shall be construed as an offer to sell or the solicitation of an offer to buy the securities mentioned. Readers should not view this publication as offering personalized investment advice, and must individually determine the suitability of investments discussed for inclusion in their own portfolio. Past performance does not guarantee future results. Reprints or redistribution of this copyrighted material is allowed only by written permission from the Nat-Con Publishing. To opt-out from receiving future publications, please click here.