GEO Investing

Speculative Screen notes from 2/28/2012: Steel Excel Inc. (SXCL.PK)- Company’s business is to acquire profitable business operations. Currently, seems to be focusing its efforts on capitalizing on the North American energy boom. Over the last several months the company consummated 2 acquisitions involved in the oil service market. Company is also in preliminary discussions to acquire another oil service company. At its current price the stock seems overvalued, but shares just broke out of a flat line chart pattern. The company may try to hype its involvement in the hot energy sector.”Œ
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