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re: Oil stocks...are you buying?

Posted on 1/16/16 at 5:06 pm to
Posted by GREENHEAD22
Member since Nov 2009
19673 posts
Posted on 1/16/16 at 5:06 pm to
I am prob going to dump more into both XOM and RDS, maybe COP. Not sure what I am going to do with FCX. I am down about 50% on it but thinking of maybe adding more. I cant see the going bankrupt even with Moffet.
Posted by C-Bear
A Texas Tiger
Member since May 2005
817 posts
Posted on 1/16/16 at 5:22 pm to
I heard a rumor about FCX yesterday...wanting to sell quite a few GoM assets.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73733 posts
Posted on 1/17/16 at 10:21 am to
quote:

I am prob going to dump more into both XOM and RDS, maybe COP.


might as well. IDC if it takes 3 years to bounce back. I'll wait it out. You should eventually get your money back and then some if history is any indicator. This is actually a great opportunity to make a killing once share prices rise again.
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