America's Greatest Opportunities: Oil Stock Offers A Narrow Buy Window

Houston Oil debuted on the American Stock Exchange in October 1972 after the young company incorporated in 1966. It produced oil and natural gas, mainly in Texas. From November 1972 to November 1973, Houston Oil increased 10 times in price. Not bad for a new wildcat driller strong in developing geologically complex properties. The November 1973 peak was a climax…