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Toxic energy firms
Posted on 1/28/15 at 10:47 pm
Posted on 1/28/15 at 10:47 pm
Not familiar with this source but I will diff agree with some on this list. Some good info on the companies either way and if these prices persist for more than a year or so there will be a lot more added to this list.
LINK
LINK
Posted on 1/28/15 at 11:21 pm to GREENHEAD22
If prices stay low for a couple years a lot of banks are going to have to eat a big bite of the turd taco. It won't be pretty.
I've done work for a few on that list and I am not surprised they are on there. Repeating stupid decisions works when oil is priced so high that you can't lose but when margins get tight.....
I've done work for a few on that list and I am not surprised they are on there. Repeating stupid decisions works when oil is priced so high that you can't lose but when margins get tight.....
Posted on 1/29/15 at 9:11 am to GREENHEAD22
I have received that newsletter from several people "in the industry" as it has made its way around. In my quick research of the source, I quickly discredited them as simply an Internet marketing firm that is trying to sell big ideas. I think the list is pretty obvious as well if you have been paying attention to the market at all.
If anyone has another opinion on the source, please advise. I'm curios about their "service."
If anyone has another opinion on the source, please advise. I'm curios about their "service."
Posted on 1/29/15 at 9:34 am to Douboy
The list is alphabetical. My butt puckered when I saw XCO at #4.
I bought some of that on a whim a month or so ago just over $2/share.
I bought some of that on a whim a month or so ago just over $2/share.
Posted on 1/29/15 at 10:26 am to Douboy
like I said I wasn't familiar with the source but I have seen a handful of those companies talked about on here so figured I would pass it along. I am assuming that the information listed about each company, debt ratio, cash on hand, etc, that is all correct?
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