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re: Oil stocks...are you buying?

Posted on 1/13/16 at 7:23 pm to
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5873 posts
Posted on 1/13/16 at 7:23 pm to
quote:

going much lower imo


I'm thinking the same. This slide continues at least until early next year.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/13/16 at 7:35 pm to
quote:

This slide continues at least until early next year.


Agree. Early 2017 might have some good buying opportunities.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73847 posts
Posted on 1/13/16 at 7:52 pm to
Some companies might not make it through this year. Lots of layoffs. BBEP was a great dividend producer but it crashed. Glad I got out when I did. Lots of companies are cutting back. Word is the dirty Saudis are planning on putting more oil on the market this year than last year. Not good.
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