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Wednesday, March 9, 2011

Investors: "KOG Poised for Phenomenal Growth" -- Motley Fools

Link here.

I could be wrong, but it's my impression that in 2008, there was local enthusiasm about the Bakken but at the national level there were arguments about how big the Bakken really was.

In 2009, local folks realized that the Bakken looked to be "real," and investors following the Bakken started investing.  I opined in January, 2010, that 2010 would be a watershed year for the Bakken.

In 2010, we started to see investors who had gotten into the Bakken "early" were doing very well. But still there was little investing news in the mainstream media outside the region.

Then, and I don't remember exactly when, in late 2010, we started to see more investing stories on the Bakken in the national / mainstream press. In the first quarter of 2011, the Bakken is now reaching the mainstream. Jim Cramer on "Mad Money" is probably most visible. There are an increasing number of articles about the Bakken on Investopedia.com and SeekingAlpha.com.

I ramble about this because yesterday there was an interesting article on KOG over on Motley Fool. Actually, I should say there was an interesting "headline" on KOG over on Motley Fool. There was almost nothing of substance in the story.

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