StockGuru Stocks to Watch for Thursday, May 8, 2008 Featuring Striker Oil & Gas, Oncolin Therapeutics, ALL Fuels & Energy, Essential Innovations Technology and Euoko
Striker Oil & Gas, Inc. (OTCBB: SOIS) Striker Oil & Gas, Inc. (OTCBB: SOIS) - Wednesday’s shares closed down 26.89% to $0.3875. 102,529 shares were traded. Striker Oil & Gas announced May 6ththat it expects fiscal 2008 revenue to increase to $5,000,000 versus $3,000,000 for fiscal 2007. This would represent a 66% increase and would be attributed to continued development and remediation of its current prospects. In addition, Striker had previously announced it was attempting a recompletion on its Cayuga prospect and has since determined that this new zone was found to be uneconomical to produce. Striker and its partners…