Sunday, March 05, 2006

VAALCO ENERGY INC

VAALCO ENERGY INC , EGY is on my screen for fast growth. This stock was highligted in 10 picks under $10 in IBD. After studying each of them, this is the one I see holding for the long haul. EGY drills for oil, and let's face it folks, oil is going to needed for a long time, no matter how fast we ramp up on fuel cell or whatever alternate fuel they come up with. This company is growing, has tons of cash and is starting new drilling off the coast of Africa. It also has strong Relative Strength, which I personally love.

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