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EOG Resources, Inc. Message Board

  • lee.lundstedt Jan 4, 2012 6:50 PM Flag


    On the Lightning round Cramer just said that EOG is going to $150.00.

    What do you people think about this????

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    • Cramer is the kiss of Death. last year he said AA will be the best stock, it had dropped more then 50%. The same he said about F it had dropped 50%. Watch out what cramer says, you might get little upside and it comes down fast.

    • Cramer is never lost for words or opinions. This morning he spouts the presidential contest will in part be about Obama championing "Green" and Romney wanting to Frack and Drill.

    • Cramer knows most of small time investors (thousands across the Nation) take his advice....meaning: Of course, it will POP, temporarily. When Cramer says, "BUY," people BUY, and vice versa.
      I wouldn't hold too long based on his advice; he doesn't really make money like that....he's a swing-trader and he creates his own swings, courtesy of his show. Please remember that people.

    • Cramer is an entertainer who likes to make wild statements that get him attention. Sometimes his picks are actually right.

      With the low nat gas prices, EOG is not getting the benefit of their great oil and NGL portfolio. Nat gas is still a significant part of their production/revenue even though it is being de-emphasized and some gas properties are being sold off. Over the next couple years it may be worth $50 more, but for now it is only worth what someone will pay on the open market, which is right around $100. I really like EOG and have a few hundred shares, but they are hedged with covered calls at 100 and 105.

    • i think he said it is worth 50 more then where it is now.

      down 2 :)

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