- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
How long do you wait before buying in energy stocks
Posted on 12/1/14 at 10:32 am
Posted on 12/1/14 at 10:32 am
I am looking at SGY again, have made some money off them in the past. I used to work for them and know that the drop in oil price is gonna hurt them for a while, but they have some big new wells coming online currently that are gonna boost them quicker than some others.
How far do yall think oil prices will slide and how long will a rebound take?
How far do yall think oil prices will slide and how long will a rebound take?
3
Posted on 12/1/14 at 10:57 am to BigHoss
I bought EXXI @ $7.30 about 5 weeks ago and thought that was a good buy. It is $3.31 today and I expect it to go lower. I would get in now or in the next week with other energy stocks.
I say that now and watch oil go to $60.00. This is really challenging. Good luck.
I say that now and watch oil go to $60.00. This is really challenging. Good luck.
Posted on 12/1/14 at 11:11 am to Sal Minio
yeah, i know it will rebound with EXXI and SGY, they arent in danger of being buried in debt and being bought out.
its just when do you pull the trigger
i think it will be after the first of the year til the slide in oil stops
its just when do you pull the trigger
i think it will be after the first of the year til the slide in oil stops
Posted on 12/1/14 at 11:12 am to BigHoss
I always wait until the price stops going down and then I buy.
I wish....
I wish....
Posted on 12/1/14 at 11:41 am to BigHoss
A very long time. I think energy stocks will soon see a bounce, and I plan to short the bounce.
Posted on 12/1/14 at 12:00 pm to Sal Minio
quote:
It is $3.31 today
I've thought about getting in EXXI, but I had a horrible experience with ATP that's spoiled my expectations on low priced oil stocks. I literally bought in at $2/share 2 weeks before they went belly up. I didn't lose a whole lot relative to my account, but I still don't want to do that again if I can help it.
What do yall think about WTI? I've been buying in and out of those guys for 4-5years and have made a decent profit, and they also pay a nice dividend.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News