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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Featured Story

    Why T. Boone Pickens Likes These Natural Gas Companies

    Legendary investor T. Boone Pickens has been called the Warren Buffett of energy investing, and over the years he has built up quite a legacy.

    From his days as a wildcatter drilling in unknown oilfields, Pickens went on to start his own oil company, Mesa Energy, take on the likes of Exxon Mobil Corp. (NYSE: XOM), and manage a hedge fund, BP Capital.

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  • T. Boone Pickens

  • Natural Gas: Following T. Boone Pickens into the Energy Patch An iconic Southwestern energy patch player, T. Boone Pickens has built a legacy over the decades that proves the old Texas saying: "It's not the size of the dog in the fight, but the size of the fight in the dog."

    In the wild days of the 1980s, made famous by a generation of traders who emulated the likes of Gordon Gekko, few could ever match the Pickens eye for the big deal.

    Never eat anything bigger than your head?.... Pickens never heard that one.

    As the head of Mesa Energy, his first deal was to purchase the Hugoton Production Company - made notable by the fact the company was 30 times the size of his own.

    His thirst for Goliaths continued for decades to come. He once even went after Gulf Oil, which is now Exxon Mobil.

    The point is Pickens has never shied away from risk when he saw reward. And for all his bold achievements there is always less "crazy" there than there seems to be.

    And if you're looking for a guy who knows:

    • How Wall Street traders and Texas wildcatters think.
    • Who can read a geological map.
    • Who can manage a hedge fund.
    • And who can make money in a volatile industry... Pickens is your guy.
    He's the Warren Buffett of the energy patch.

    That's why there is more there than meets the eye in his unique venture into the natural gas market with Clean Energy Fuels Corp. (Nasdaq: CLNE). Pickens is its founder and largest individual shareholder.

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  • T. Boone Pickens Loses "Big" in Alternative Energy No, he didn't lose a donkey.

    But T. Boone Pickens lost a synonym for the animal and a whole lot of money in the wind industry.

    "I'm in the wind business..." said Pickens yesterday on MSNBC's Morning Joe. "I've lost my ass in the business."

    Pickens didn't blame his own investment for the current situation. He acknowledged that the technological shift in shale oil and gas development has greatly changed the game for American energy, and has made drilling more practical and affordable.

    But the statement was just a precursor to his observations that Washington has little priority to setting a national energy policy that is both sustainable and affordable to Americans.

    On the show, Pickens hammered home the point that the current administration not only lacks an intelligent energy policy. "They don't have an energy policy."

    Why this statement is shocking to anyone, especially the hosts, shouldn't confuse anyone.

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  • Former Oilman T. Boone Pickens Makes a $2 Billion Bet on Alternative Wind Energy By Jennifer Yousfi Managing Editor T. Boone Pickens made his fortune in oil. But now the Dallas oilman and famed former corporate raider is betting $2 billion that he can have the same success with a new source of energy – wind. Pickens' Mesa Power LLP yesterday (Thursday) unveiled the first phase of an eventual […] Read More...