Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I still think oil will go into the $30's maybe even lower at this rate.
Definitely could. I just wanted exposure at this point because there has been so much capitulation already in the space. Didn't want to miss out on a big sudden spike should a conflict break out in the Middle East or elsewhere in the world. Hard to time absolute bottoms. And when oil does start to experience significant gains, a lot of these stocks are going to be like coiled springs. If oil continues to capitulate I will have my second round buying spree though. Easy money here over next 2-3 years. Maybe sooner.
Definitely could. I just wanted exposure at this point because there has been so much capitulation already in the space. Didn't want to miss out on a big sudden spike should a conflict break out in the Middle East or elsewhere in the world. Hard to time absolute bottoms. And when oil does start to experience significant gains, a lot of these stocks are going to be like coiled springs. If oil continues to capitulate I will have my second round buying spree though. Easy money here over next 2-3 years. Maybe sooner.
What are your choices?
I am looking at RDS-B, NOV, OKE, and maybe CVX & XOM. Thoughts on these?
Also how about Breitburn (BBEP) for speculative? I don't know if at risk for bankrupty.
What are your choices?
I am looking at RDS-B, NOV, OKE, and maybe CVX & XOM. Thoughts on these?
Also how about Breitburn (BBEP) for speculative? I don't know if at risk for bankrupty.
I like RDS-B, NOV, OKE, CVX, and XOM. IMO there are so many good buys out there in the energy space, that you could put O&G quality names on a dartboard blindfolded and come out very well in 2-3 years as long as you diversify in the space. My personal choices right now for the big names are COP, BP, and CHK. I also picked some DVN up in the low 38s on Friday.
BBEP is interesting. I am familiar with this space. ARP, MEMP, BBEP, LINE, EVEP are the ones I am most familiar with in this arena. Out of those five names, I like MEMP, BBEP and ARP in that order. Everything in this space right now is about distribution, and can these names actually survive should the distributions be completely suspended. Verdict is still out, but I am going to initiate entry positions in MEMP, BBEP, and ARP at the start of the week. Worth the risk IMO.
My other favorite energy spec plays in this sector are PVA and EGY. Traded PVA from .80 to 1.20 a couple of weeks ago for about a 50% gain. Have a limit order to get back in at .88 cents. Hope it hits early in the week. EGY I am holding.
I like RDS-B, NOV, OKE, CVX, and XOM. IMO there are so many good buys out there in the energy space, that you could put O&G quality names on a dartboard blindfolded and come out very well in 2-3 years as long as you diversify in the space. My personal choices right now for the big names are COP, BP, and CHK. I also picked some DVN up in the low 38s on Friday.
BBEP is interesting. I am familiar with this space. ARP, MEMP, BBEP, LINE, EVEP are the ones I am most familiar with in this arena. Out of those five names, I like MEMP, BBEP and ARP in that order. Everything in this space right now is about distribution, and can these names actually survive should the distributions be completely suspended. Verdict is still out, but I am going to initiate entry positions in MEMP, BBEP, and ARP at the start of the week. Worth the risk IMO.
My other favorite energy spec plays in this sector are PVA and EGY. Traded PVA from .80 to 1.20 a couple of weeks ago for about a 50% gain. Have a limit order to get back in at .88 cents. Hope it hits early in the week. EGY I am holding.
Thanks.
I did have BP actually but sold it at 36 because it seemed 'at risk' from what I could tell - but at the same time was hoping it might get to under 30 where I'd buy again, but it seems to be hovering above 30. Has a good dividend of course (unless it gets cut).
Apple - they have a solid future
Accenture- they are always growing
Netflix - the future of visual tech
Ebay - they have been strong on the online business even thogh we had amazon & alibaba
MJNA, risky yes but reward high- more states adopting
Do not gamble your money on penny stocks. They are all frauds. Even the one's that aren't frauds are frauds.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
