Royale Energy ROYL

Royale Energy is an energy company I discovered a couple of weeks ago while doing some research.  Yahoo Finance posts a one year target of $14 a share.  October 16th, it had risen up to $4.09 a share.  Since then it has fallen all the way down to 2.38 (this past Wednesday).  It rose yesterday, to close at 2.68 (day high was $3.13)  due to a press release of a new field discovery.  Of course, a great entry point would have been before close on Wednesday, but I believe there is a strong move ahead for this company.  Jim Cramer even featured ROYL on his website, http://www.thestreet.com/ (great site!), yesterday.  This is not a penny stock.  It is traded on the NASDAQ.  It is also owned by Bank of New York Mellon as well as Vanguard Mutual Funds.  You may just have this company tucked away somewhere in one of your 401K's and don't know it.

I love finding microcap companies that can make you a huge profit, but I love to find stable companies under $5.00 that I believe are solid investments.  ITRO (http://www.itronics.com/ ) is one that I spoke about two days ago that are one of these subpenny companies that I think will be a good investment.  If you have $100, at the current price, you could buy 33,333 shares.  If it went to .25 a share, you would end up with $8333.00.

This is the beauty of this game.  You could buy $100 worth of lottery tickets and win $150 (if your lucky) or you could own part of a company for $100 and who knows where it may lead.

I've written enough today.  I better get back to my real job.  Don't forget to try your hand at http://www.wallstreetsurvivor.com/.  I missed the winning share price by two cents yesterday on the Bullseye Jackpot.  Remember, you can revise your share price guess up until 3pm.  Have a great day!!

About Royale Energy 

Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains. It has been a leading independent producer of oil and natural gas for over 20 years. The company’s strength is continually reaffirmed by investors who participate in funding over 50% of the company’s new projects. Additional information about Royale Energy, Inc. is available on its web site at www.royl.com.