do we have a glut of supply with everyone and there brother drilling. will new pipeline and lng shipping off shore next yr fix that.why are some big names as shell pulling out.half analyst say sky about to fall,the other half say more yrs of bull market.( thats why i never put much into analyst. ever notice the hesitation on opening ,then thin volume,then it takes off one way or the other. i am back to holding part long term based on pe and some day trading.still gonna hang in there with gst,axas,wres,hk.too late now cause pe to high,we might ought bought pipeline service to add to the mix
went short @ 10. it fall like it always does achn is pump and dump by mm.only short 1000 cause i dont put much in bio hit and miss drugs
this stock always fishy. never opens @930,thinly trade 15 mins,then off to the race.oil down so its not just gst.i am back to trading little and staying long also.everyone looks for diff angles, i stick with the pe
true. mm did greatest job in a while on pushing low before earnings and now ride up.they reaped a lot shorting than going long. easy for them with billions
take the price jump and buy back in lower. anybodys guess on how high it will bounce with shorts running to cover.may be wrong but i think 7.25 was the high.
my only concern is several good small cap oil/gas getting hit with downgrades.long term i aint worried. i would buy more into several if i was young,but being retired i aint gonna bet the farm
better than usual ,they normaly miss earnings which i was afraid would happen.now i think we will go thru the same process as last quarter and thats stock price will rise.i know i am repeating myself but with lng export to begin next yr the gloat of oil/gas will go away and longs will be looking great in future.
good post.i took a beaten on gst wres axas hk ,but so did the market,small cap,oil/gas.they are commodities that have swung in my 42 yrs in stocks.its hard to bet against low pe,future growth,future earnings.as you stated earlier there be more pipeline,and as i said lng switched from import to set up for export next yr. if pepsi is 1.79 and on sale 2 for $3 thats over supply.same principle here.i regret not staying short longer and buying back in at lower price,but thats my mistake for going against my normal strategy.i aint gonna over think my thinking by selling now and buy lower.we all should have saw the oversupply coming.just saying,when the market corrects , and economy turns corner that oil wont be $110-125 and nat gas $5-6 range.rrc and many more went from sub $1 to $76 and so have many more.i am 60. if it dont turn for me it will be there for my kids to inherit.i dont exspect my 4 picks to all be gangbusters and some will lose.right now pipelines are making the money and pay good dividends.still holding tso i bought @1.60 12 yrs go. sorry,got bit long there. point is gst,axas,hk,wres are all hitting there production and more