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re: Time to buy some XOM(Oil stock discussions)?
Posted on 10/5/15 at 9:12 pm to bayoubengals88
Posted on 10/5/15 at 9:12 pm to bayoubengals88
Well done. Why those 2?
1
Posted on 10/5/15 at 9:22 pm to Grits N Shrimp
I can't see oil going much lower so I think any price under $90 is great for the energy etf.
Marathon Oil is just so beaten down. I bought it as a long term investment thinking that it'll either get bought out, or reach at least $30 again within the next 5 years.
I mean, look at the 5 year...can I really have gone wrong buying under $15? I did no fundamental analysis because I don't know how. I just read articles. It seems as healthy as any other oversold major energy company.
Marathon Oil is just so beaten down. I bought it as a long term investment thinking that it'll either get bought out, or reach at least $30 again within the next 5 years.
I mean, look at the 5 year...can I really have gone wrong buying under $15? I did no fundamental analysis because I don't know how. I just read articles. It seems as healthy as any other oversold major energy company.
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