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re: Oil stocks...are you buying?

Posted on 1/15/16 at 11:53 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80861 posts
Posted on 1/15/16 at 11:53 am to
This is absolutely crazy. XOM is the only oil related company I would feel comfortable buying right now. For a slightly riskier buy, RDS-B is really calling my name.
Posted by LSU1NSEC
Member since Sep 2007
17243 posts
Posted on 1/15/16 at 11:58 am to
my charts showing oil might be ready for a correction (upward)

don't have any targets though
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73850 posts
Posted on 1/15/16 at 12:20 pm to
quote:

This is absolutely crazy. XOM is the only oil related company I would feel comfortable buying right now. For a slightly riskier buy, RDS-B is really calling my name.




settle the frick down.

You have COP and RDSB? just hold it. I'm holding mine and will buy more soon. It may take awhile to get back to past levels for obvious reasons but if you are in it for the long haul you should be fine. I do lots of work for RDS. Even if work gets suspended or pushed back due to oil prices(which might happen), they will bounce back. Shell was one of the first companies back in the GOM after the moratorium.
This post was edited on 1/15/16 at 12:23 pm
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