Free Stock Tips

In the 2005 best-selling book The Game, Rolling Stone journalist Neil Strauss penetrates the secret society of pickup artists. He quickly discovers one man, in particular, is the best.

Nicknamed “Mystery,” Eric von Markovik was becoming a legend on the pickup artist circuit. Using a regime of super subtle pickup lines, approaches and methods that resembled mathematical algorithms, Mystery’s success rate was bordering on 100%. And so were his followers.

Trying to convince Strauss to become a student, Mystery showed him a picture of a beautiful former Penthouse Pet of the Year, who had exposed her large breasts. Mystery was also in the photo.

“She’s my girlfriend. I was able to do that by not paying attention to her all night,” he explained when Neil asked about how he got her.

Mystery continued… “A pickup artist must be the exception to the rule. You must not do what everyone else does. Ever.”

Sound familiar?

That axiom is as true for pickup artists as it is for Warren Buffett.

So, while everyone has been piling into gold and silver, driving up prices to historic levels, we’re going to give you a stock recommendation that’s been ignored by investors.

The stock’s chart is horrible, but the fundamentals are super sexy. Take a look:

The stock is Petrobakken (TORONTO: PBN).

You see, Petrobakken is positioned in the prolific Bakken formation, which is in Saskatchewan, Canada, and extends into Montana and North Dakota. (It’s one of the reasons North Dakota has the lowest unemployment rate in the U.S. at 3%.)

Petrobakken has the second largest land position in the Bakken, making it a major player.

But the reason we like Petrobakken, and the reason we’re recommending it now, is the dividend. As of yesterday’s close, the dividend yield was 9%.

The stock pays you $0.08 per share per month. That’s right, every month you get a check in the mail.

With current money market rates near 0% (which means you’re losing money by parking cash in the bank), a 9% return is astronomical by comparison.

But that’s still not the whole story. Petrobakken has been plagued by management problems, weather problems and execution problems.

These issues have put pressure on the stock, with shareholders heading for the exits the past two years.

Those issues are being resolved. And its recent second quarter is evidence of a turnaround.

It posted a net profit of $84 million for the 2Q11 vs. $3 mil for the same quarter last year.

Based on the second quarter release, they posted 39,000 BOE per day. For the remainder of the year, the company has 17 rigs going and expects to drill another 124 wells with forecast exit production rates of 46,000 to 49,000 BOE.

That is an addition of 18,600 barrels per day… or roughly a 23% increase in production.

The company still has ten Bakken wells that are in production but have not been fracked as the company chose to wait for completion of its new fracking technology Cleantech.

Fracking these wells should pick up another 1,000 barrels per day of production.

Taking into account the current production with the expected new wells to come on-line in Saskatchewan could equal in excess of 50,000 barrels per day.

In our opinion, Petrobakken is a no brainer. The stock is being ignored. Buy it at current levels.