Fidelis Energy Inc. (Symbol: FDEI)

I usually don’t recommend to invest in any companies whose business have something to do with mother nature, but this one looks a little bit promising. It’s Fidelis Energy Inc. (Symbol: FDEI), an oil and gas company based in Tucson, Ariz. dedicated to developing North America’s energy resources. Fidelis Energy identifies, acquires and develops working interest percentages in smaller, underdeveloped oil and gas projects in California, Canada, and other promising locales that do not meet the requirements of larger producers and developers. Through the use of modern development techniques such as horizontal drilling and 3D seismic, the company enhances production from underdeveloped and under-utilized projects, as it pursues oil and gas production throughout North America.

They recently just secured $5 Million financing to forward its oil and gas projects. I guess that should be the main reason why the stock went up from under $1/share in September to $1.72/share today. At some point in November, the stock went up as high as $2.50/share. I’ve been watching this stock for the past 4 months, and I have to admit - I should’ve put a little bit of money aside to invest in this one, well at least as a short-term investment. Could’ve doubled my money by now.

Quote of the Day:
If the business does well, the stock eventually follows. - Warren Buffett

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