Upgrades for March 16, 2011

Written on Wed, 03/16/2011 - 7:47am
By SmarTrend Staff

Pacira Pharmaceuticals (NASDAQ:PCRX) initiated at Outperform at Wedbush...
AEterna Zentaris (NASDAQ:AEZS) initiated at Outperform at JMP Securities...
BB&T (NYSE:BBT) upgraded to Buy from Hold at Deutsche Bank...
Biosante Pharmaceuticals (NASDAQ:BPAX) initiated at Outperform at JMP Securities...
Carrizo Oil & Gas (NASDAQ:CRZO) upgraded to Buy from Hold at Canaccord Genuity...
Keryx Biopharmaceuticals (NASDAQ:KERX) initiated at Outperform at JMP Securities...
Kodiak Oil & Gas (AMEX:KOG) upgraded to Outperform from Neutral at RW Baird...
Manulife Financial (NYSE:MFC) upgraded to Buy from Neutral at UBS...
Marathon Oil (NYSE:MRO) upgraded to Buy from Neutral at UBS...
Noble Energy (NYSE:NBL) upgraded to Buy from Neutral at UBS...
Zhongpin (NASDAQ:HOGS) upgraded to Neutral from Reduce at Global Hunter...

Stocks to watch

RAME,AMEX:QBC,OTC:GLRP,NASDAQ:DPTR,AMEX:LEI,AMEX:CFW,AMEX:TGC,AMEX:BQI,NASDAQ:UDRL,NASDAQ:SYNM,NASDAQ:FUEL,NYSE:LPH,NASDAQ:NGAS

All my picks on March 2ndst are today's big winners...Bulls Eye.

RAM Energy Resources... RAME 2.02 +0.14 (7.45%) 158.85M 12.24M 1.99 2.42 1.96
Cubic Energy, Inc. QBC 0.870* +0.100 (12.97%) 66.82M 751,681.00 0.77 0.89 0.77
Glen Rose Petroleum... GLRP 0.540* +0.100 (22.73%) 9.54M 266,319.00 0.45 0.54 0.44
Delta Petroleum Corp. DPTR 1.14 +0.09 (8.57%) 325.15M 16.44M 1.08 1.22 1.05
Lucas Energy, Inc. LEI 4.24* +1.07 (33.75%) 70.42M 25.73M 3.64 4.5899 3.63
Cano Petroleum, Inc. CFW 0.620* +0.080 (14.81%) 28.15M 6.99M 0.58 0.65 0.543
Tengasco, Inc. TGC 1.26* +0.30 (30.98%) 76.47M 5.24M 1.01 1.3 1.01

Small cap energy stocks on the move.AME,AMEX:QBC,OTC:GLRP,NASDAQ:DPTR,NASDAQ:MELA,AMEX:LEI,AMEX:CFW,AMEX:TGC.

AME,AMEX:QBC,OTC:GLRP,NASDAQ:DPTR,NASDAQ:MELA,AMEX:LEI,AMEX:CFW,AMEX:TGC

Oil Prices Ease, Oil Stocks Still Heading Higher

Delta Petroleum Corp. (Public, NASDAQ:DPTR) Watch this stock

Delta Petroleum Corporation (Delta) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. Delta operated in two business segments: acquisition, exploration, development, and production of oil and natural gas properties and related business activities, and contract oil and natural gas drilling operations. The primary areas of activity are in the Rocky Mountain and Gulf Coast Regions with additional unproved exploratory leaseholds in the Columbia River Basin in southeastern Washington, the Hingeline area of Central Utah, and the Haynesville Shale area of Texas, among others. Total oil and gas leasehold is approximately 813,000 acres.
In the last couple weeks, oil prices have spiraled out of control; some places in the United States saw more than $4 per gallon gasoline before the Libyan tensions eased. The Middle East is a powder keg of political strife ready to explode at any moment. Given that this region is the main supplier of oil, it’s just a matter of time before supply fear disruptions hit the newswires again sending oil on another surge higher. Wouldn’t it be great if we could produce enough oil domestically as not to worry about what happens in the Middle East? Better still would be to find a way to profit from domestic oil exploration, production and sales.