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"Chicago Bridge Ain't Falling Down"… Thanks to Warren

Subscriber Edward O. wrote in recently to ask for a follow-up to our June 3 recommendation.

This company “had been accused of shady accounting practices (by a possible short seller),” Edward writes. “The share price has suffered, and I’d appreciate a follow-up assessment.”

We think this is a clear case where we were early on a stock – but not wrong.

Let’s take a closer look…

  • Featured Story

    Ignore the Doom-and-Gloom Crowd When They Talk About $40 Oil

    I just returned from a week down South with a few of my energy clients. It's good to get my hands dirty and remind myself firsthand what is going on at the project level of some of the country's top energy companies.

    But when I returned home this weekend, I made the mistake of flicking on the television and opening the newspaper.
    I can't believe that the pundits are now predicting that oil will fall to $40 a barrel. They also are projecting that the entire natural gas sector is going to collapse.

    Here we go again.

    Yes, we are wrestling with an energy sector that remains gun shy on elements from market volatility to geopolitical tensions.
    And sure, $40 a barrel is possible, but only in an improbable situation where global demand for oil completely collapses, along with the world economy.

    But we are in a new reality. And such doom and gloom predictions are highly oversimplified and potentially dangerous to you as an investor.

    Here's why.


    To continue reading, please click here...

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  • oil historical oil prices