As my interest is rekindled in this issue and E&Ps, generally, I notice that this item has moved over to the NYSE. Unfortunately the valuable posts under ROIL seem to have been lost.
I approach stocks largely from a technical perspective though a good fundamental backdrop helps add confidence to the selection. Presently either own or am watching ECA POG XTO CRED and DNR....along of course with REM.
REM has made a smart turn and looks to be headed for a challenge of the highs. Volume studies are positive and trend following indicators are similarly positioned.
Hoping to get a chance to get in....congratulations to current owners...
Seems the mechanics of this board's operation are not fully functional, and I'm glad to see others already found it earlier than I did.
Bought some REM at $19.50, today. Rather surprised at the weakness in it and XTO, DNR, INFY and others....suspect it was due to the wariness investors have about equity investing in general. Notice that the Canadian Royal Trusts were up about 1%+. "Show me the cash." With Canada closed for a holiday this may be short lived, unless NG comes through with some gains tomorrow. HOT weather effecting the grains but not energy demand??? Hmmmm.