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OMNI Energy Services is currently at a base of around $10 that is set to make another jump.

Way back in Jan, 07, OMNI was one of my first real-world buys at $7.75 and is by far my best performer this year.  I have been tempted to sell some or all a few times when it got to around $10.50, but I continue to hold.

Currently, the P/E is only 11, but OMNI is making acquisitions and gaining new contracts that will boost revenue for 2007.  My opinion is that anytime OMNI dips below $10, you should add to your position.  Upon OMNI's next quarterly report, earnings will be strong and guidance will be up.  That will cause another price-jump as seen on March 8th.

As I write this, OMNI sits at $9.90 - go get some :).

Oh, and as if you couldn't tell from what I wrote above, I should disclose that I do own shares of OMNI.

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