Joel Kruger suggests this interesting Equities in his section Equities of interest :
Penn West Petroleum Ltd. (NYSE: PWE)
For the time being, I am issuing a disclaimer that my medium-term equity market bias is bearish. So while I will still feature stocks that might offer attractive counter-trend opportunities, the recommendations need to be taken with a grain of salt. For today, this oil & gas drilling and exploration company looks interesting. The stock has fallen off a cliff in recent trade, and technically tracks deep in oversold territory. A shake up in management and disappointing numbers have been driving the bearish price action, but perhaps at current levels, some traders might be able to find some value in the high dividend yielding company.
