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Apache Corp. Message Board

  • bogwa1406 bogwa1406 Mar 7, 2013 12:57 PM Flag

    seriously who shorts 52 week lows?....LOL.LOL

    God bless them though...LOL..LOL

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    • 52wklow--I agree with you bogwa!!! like APA. Provided the co is sound financially, good industry,etcc. which we agree APA is. This is the entry point we look for--oppty That's how u buy low and sell high. I'm accum here--fight emotions of scared. NOV--very similar.

      Sentiment: Strong Buy

    • I will let you in on a little secret that is profitable about 70% of the time. Yes that much. New lows bring more lows. It is elementary my friend. You do not catch a falling knife. This is as guaranteed as it gets. But you will learn that soon enough.

      • 4 Replies to wes_w_weber
      • ok--we can look @APA for the next month forward on and see if it was wise to accum in the $74 area. I follow this same philo on all equities/precious metals apparently just like you. I have 4k shs of APA--right now I'm in at $70.50(I've sold puts that are 72.5 strike-I got paidk 2k percontract.. Have you already started your put buying or shorting?? For investor sharing/knowledge could you reveal the month/strike price of your puts or whatever. You stated that guaranteed -70%. we'll see what happens--goal for everyone to become better speculators and make more money with less risk

        Sentiment: Strong Buy

      • Just as example look @APA for last 3 yrs when it has hit support level of 72-75(low)would that have been a great time to accum or short???? Now get over emotion or pride and exercise financial forensics. We're talking serious money and perfect examples of launching an attack.
        Now, if e.g. APA gets to 120-overbought-etc then you're looking or expecting lower ground-the odds go in your favor of lower prices. Stocks climb a "Wall of worry", and
        "Gravity Works". Yes I like APA long here--sell Puts to further the odds in your favor.
        NOV--I like also long, another biz model I like.

        Sentiment: Strong Buy

      • Buy low--Sell High. Is that contradictory???

      • really ? I bought F under $2 and BAC under $5. Anyone who bought the biggest falling knife of all in 2009 is up 150%. You need to find another potential student, I've got my learning and it seems to be working out just fine for me. But hey thanks for the effort !

50.35-0.56(-1.10%)Nov 25 4:01 PMEST