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Penn West Petroleum Ltd. Message Board

  • brryry47 brryry47 Jun 14, 2013 12:15 PM Flag


    They came out rating PWE a sell. I increased my holding by 66 per cent yesterday.I have zero respect for his opinions. All that whole bunch focuses on is banking and tech stocks.Energy is really the crucial story and issue.

    Sentiment: Buy

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    • ct_gman Jun 17, 2013 6:11 PM Flag

      Cramer is only out for one person; himself. Stick to fundamentals

      Sentiment: Hold

    • glebeglebeglebeglebe Jun 17, 2013 6:03 PM Flag

      I used to watch Cramer's show but realized that his approach is simply insane. If a stock is oversold and bottoming out and the company has inherent value, he says SELL. If a stock is overbought and topping out, he says BUY. How did this guy EVER get taken seriously, when his general trading rule is "Buy high and sell low?" That's absurd.

    • I would not buy or sell just off of what Cramer says. He's wrong more than right and it's YOU, not him who has to live with the consequences.

    • Cramer can offer some good advice but at times his analysis is superficial. Wonder if he is aware of the major investments being made to put into place LNG and other infrastructure by such countries as China, Japan, Malaysia. And that PWE sits on nearly 6 million acres of oil and gas properties, the fuel sources from within which trade at 250% of domestic market prices; the rapid decline rates of nat gas output in fracking (not to mention its cost structure) wells; what will happen if/when carcinogens are found in groundwater near fracking wells; the list goes on.

0.66-0.0252(-3.68%)May 31 4:02 PMEDT