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re: Time to buy some XOM(Oil stock discussions)?

Posted on 11/5/15 at 9:03 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80810 posts
Posted on 11/5/15 at 9:03 pm to
quote:

Especially since I think there is more pain on the horizon for all the big oils. There will be chances to get back in

The thing is, no one knows. People said oil was going into the 20s and missed out on dirt cheap prices a couple months back.
Posted by Porker Face
Eden Isle
Member since Feb 2012
15402 posts
Posted on 11/5/15 at 9:47 pm to
I agree. That's why if I end up being wrong about macro I still made a quick 20% in about a month. Maybe it never drops to my entry point ever again, that's fine

quote:

People said oil was going into the 20s and missed out on dirt cheap prices a couple months back.


That was the day I bought this XOM I'm fixing to sell. Everyone else said "why buy now...everything is going in the shitter for weeks, huge correction, etc etc". After 2 days it stabilized and they were fricked
This post was edited on 11/5/15 at 9:50 pm
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