Page 1
Page 1
Started By
Message

Whiting Oil - boards opinion

Posted on 9/9/16 at 1:56 pm
Posted by GREENHEAD22
Member since Nov 2009
19598 posts
Posted on 9/9/16 at 1:56 pm
So I am down about 30% give or take on my position with them, originally took a shot in hopes they were going to be bought out but that went bust. I am expecting oil to see the 30s again this winter and am wondering if it would be worth to avg down or stay put and try and ride it out. Unfortunately they are almost exclusively in the Bakken which hasnt proved as resilient as other areas like the Permian and Stack.
Posted by FunroePete
The Big Cheezy
Member since Dec 2012
1531 posts
Posted on 9/9/16 at 2:36 pm to
quote:

originally took a shot in hopes they were going to be bought out but that went bust

quote:

I am expecting oil to see the 30s again this winter and am wondering if it would be worth to avg down or stay put and try and ride it out.

:magic8ball:
This post was edited on 9/9/16 at 2:37 pm
Posted by HYDRebs
Houston
Member since Sep 2014
1241 posts
Posted on 9/9/16 at 2:53 pm to
If you expect it to go lower why not just sell now and buy lower. That way you don't lose even more money along the way.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram