Why do people buy this stock opposed to companys like GTE who have a stronger more attractive balance sheet? What is so attractive about comany's with debt and lower profit margins. I don't understand.
Don't let the thumbs down figure bother you...Imho Thumbs down should be reserved for spamming or bashing. You posed a legitimate question. The purpose of these message boards (if used correctly), should be to advance knowledge for everyone. Weather you are an expert in trading or in oil, there will be other individuals who can offer valuable information ...that they could find useful if open minded..
Every company has an upside and downside. Nothing is guaranteed and nothing is completely safe.
The upside of SD imho is great and the downside is small. GTE might appear to be safe currently, but what about international events. Nothing was safe after 911 and nothing was safe after the mortgage debacle crashed the economy.
Load up on GOLD...lol..lol..G sachs and all the guru's said +$2000 an ounce for certain. No stock or commodity is SAFE, even if it's "as good as gold" if you buy it wrong. Myself and many others think we're buying SD at a right price......our money, our risk ! AAPL has a low PE...lol..lol..it burned a bunch of folks.....EVERY stock has risk.
Great example for not following the analysts....everyone had a buy rating with a 1000 price target.
I was thinking about shorting it next year....but things can sure move quickly.
Also, Wish I had the money I could have made when I sold numerous stocks because a read analysts reports that had a sell on my stock.
And Thats why YOU shouldn't Invest in one. IF you don't know what the attraction is. Then you havent the knowledge it takes. To be an investor in Small Energy Corps with debt ..... And you won't learn ANYTHING here!! not the time nor the place to learn it. Stick too GTE or ATT....Just Sayin