Buy Recommendation: NYSE: WTI ; December 2010 Price Target $11.00-$13.00

I have decided to switch things up a bit, because natural gas (commodity) is very hard to trade, I will now focus more on value investing combined with technical analysis to suggest good natural gas stocks to buy.

Here is our first pick:
WTI:
BUY, WITH STOP AT $9.65 or buy limit at $9.80 stop at $9.20.
SHORT-TERM TARGET (6-12 MONTHS, $11-13)
LONG-TERM TARGET (2-5 Years, $20-$22)

Website: http://www.wtoffshore.com/
2009 Annual Report: http://www.wtoffshore.com/default/W&T%20Offshore%202009%20Annual%20Report.pdf

Fundamental:
This stock has a market cap of $785M and made OCF (operating cash flow) of $800M in 2007. This stock is seriously trading extremely CHEAP. I will post a more lengthy reason why when I have more time.

Technical : 12-MONTH BREAKOUT to the UPSIDE!



Longer-Term Chart shows huge upside potential.