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{ Category Archives } energy

Allis-Chalmers post-earnings update

Allis-Chalmers Energy (ALY) formally announced their Q4 and full year earnings. Things were pretty much as they said they would be back on January 31 when they presented their preliminary unaudited results for 2007.Here are the final numbers:For the fo…

Allis-Chalmers Energy starting to look good here

In tinkering with my Alert HQ software, I came across Allis-Chalmers Energy (ALY). The stock has been on a straight path downward since last July but is now starting to rally. It exhibits the characteristics that make the software identify the company …

Why I sold DBO

Oil hit $100 a barrel on Tuesday. My response was to sell my position in the PowerShares DB Oil Fund (DBO).This ETF has been in a trading range since November 2007. It has recently been threatening to fall out of this range with many speculators worrie…