The Grass is always Greener

As I have previously discussed, my energy stocks are doing very well.

I currently hold Basic Energy Services, Comstock Resources, First Solar, Patriot Coal, and Pioneer Drilling shares, all of which are "in the green."

I attribute the success of the energy companies to the holiday and the hot weather.

However, despite the success of my stocks, I am still struggling to overcome my initial loss from selling all of my stocks. Well, the grass is always greener.

On the topic of energy, I went to a conference last week, and the speaker was discussing research he had conducted about algae as a fuel. In fact, algae proves to be a better alternative to corn because it takes less space to harvest and grow algae than corn. Although it is not widely used as a fuel today, the speaker claimed that it will grow in popularity in the next twenty years.

So, I thought to myself: why don't I jump on the bandwagon early and invest in some of these algae biofuel companies?

However, as I searched online, I discovered that the majority of these companies are privately held. But, I'll keep it in mind because alternative energies really do make the grass greener.