The North Dakota oil boom is far from over. In fact, we may still be in the early innings of this development, and plenty of catalysts could send Oasis shares higher in 2014. Here are three reasons to add it to your portfolio.It would be impossible for me to find it, but I believe Motley Fool has had articles suggesting that the Bakken has topped out. Motley Fool is a lot like Texas weather: unpredictable.
This is why Motley Fool picked up on Oasis: the "smart money" is moving into Oasis --
According to recent SEC filings, billionaire Ken Griffin of Citadel Investments increased his stake in the company last quarter by 35% to $141 million.
Billionaire John Paulson, famous for predicting the U.S. sub-prime mortgage meltdown, is also bullish on Oasis' prospects. Last quarter SEC filings indicated that his hedge fund Paulson & Co. initiated a new position in Oasis worth $39 million. Other legendary hedge fund managers like Paul Tudor Jones, Jim Simons, and Steven Cohen also own sizable stakes in the company.The rest of the article was filler.
Regular readers might remember this story: Motley Fool calls the Bakken, a "beast."