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Harvest Smiles As Chavez Wants To Be Our Friend

When we saw the picture of President Obama shaking hands with Hugo Chavez last weekend, with Chavez reportedly saying he wanted to be our "friend," another picture came to mind -- that of U.S. oil company Harvest Natural Resources (NYSE: HNR) perhaps deriving some value from its large Venezuelan oil and gas producing assets.

We discuss HNR in the new issue of Downside Protection Report.

Disclosure: Long HNR. For additional disclosures, see http://www.manualofideas.com/terms.html

Posted by manualofideas on April 21, 2009 01:21 PM |

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