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Started By
Message
Oil Stocks
Posted on 1/22/15 at 1:42 pm
Posted on 1/22/15 at 1:42 pm
I don't have much information about investing in good oil companies. I know oil is dropping like it's hot and I'm looking to dump some cash in the industry. anyone recommendation regarding some good strong companies?
5
Posted on 1/22/15 at 1:42 pm to Northwestern tiger
VDE
Posted on 1/22/15 at 1:44 pm to Northwestern tiger
The only safe harbor is CVX.
Posted on 1/22/15 at 1:54 pm to cwill
quote:
safe
I usually take few risks in investing, High risk high reward
Posted on 1/22/15 at 1:56 pm to Northwestern tiger
DGAZ
UGAZ
good luck
UGAZ
good luck
Posted on 1/22/15 at 2:27 pm to Northwestern tiger
quote:
usually take few risks in investing, High risk high reward
PBR fits the bill, has tumbled to ~$7 from a high of ~$72. I doubt a $47 billion dollar company will just dissolve due to their varying issues.
Posted on 1/22/15 at 2:30 pm to Northwestern tiger
Once oil hits $40 per barrel then I'm jumping in HOS. Major upside here.
Posted on 1/22/15 at 2:33 pm to Northwestern tiger
I just wonder when the right time to grab the falling knife will be?
I think oil goes into the 30's before it turns around.
I think oil goes into the 30's before it turns around.
Posted on 1/22/15 at 2:52 pm to GoldenD
quote:
usually take few risks in investing, High risk high reward
PBR fits the bill, has tumbled to ~$7 from a high of ~$72. I doubt a $47 billion dollar company will just dissolve due to their varying issues.
you mean like enron they were only 100 billion?
Posted on 1/22/15 at 2:57 pm to Clyde Tipton
Secretary General for OPEC, just this day, indicated he thinks prices are likely to settle where they are now and begin to uptick
Posted on 1/22/15 at 3:09 pm to wfallstiger
Oil's decline is not done. I need to see more capitulation.
Posted on 1/22/15 at 4:35 pm to Odinson
I missed the in on xom, Cox, and cop while waiting for a rollover to hit the account. Hopefully there is another slide before things settle.
Posted on 1/22/15 at 4:53 pm to GoldenD
quote:
PBR fits the bill, has tumbled to ~$7 from a high of ~$72. I doubt a $47 billion dollar company will just dissolve due to their varying issues.
I tend to avoid companies with accounting issues at all costs......I can't think of many companies who have had major accounting scandals that thrived following.....PBR is in a unique spot, but I wouldn't touch it with a 15' pole.
Posted on 1/22/15 at 5:38 pm to Northwestern tiger
There are a couple long threads on just this subject
Posted on 1/23/15 at 8:16 am to TigerTatorTots
quote:
There are a couple long threads on just this subject
Without many answers...
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