I bought KEG at 1.53. if you can trust the profile info, KEG has been around since 1977. how many fluctuations in oil prices has this company weathered? i'd say a lot. seems like a bargain down here. as soon as anything negative happens, all the talk of bk comes out.
if I had hep c I would gladly pay that difference to get the better drug. this is a disgrace by esrx not allowing patients to choose and pay the difference. arrogant. I think gild will prevail in the long run. buying this dip in gild.
but one Obama bashing message? if I or a loved one had Hep C I would be #$%$. or maybe its a ploy to get gilead to lower their solvaldi price. obamacare did not get to the root of the healthcare problem. profits over care.
anyone who made a bet long oil in the last 6 months is a loser, not just Cooperman. he has plenty of company. happily, not me.
couldn't take the pain anymore I guess. last big batch sold at 1.64. I bought some of what they sold for a trade. so far so good.
yeah, he said sd wouldn't be in his oil picks for 2015 that they are having their own troubles. maybe he meant the late filings. he seemed disgusted with that pick.
i'm just in for a trade from 1.77, so 7 or 8 would be ok with me.
this happens over and over again with any panic induced selling. you have to know when (or at least close) to bottoming based on fundamental analysis and washed out stocks. don't listen to the analysts when its a sell off like this. look how low the airlines got in October over the ebola scare, what an opportunity that was. same with oil stocks now.
thought maybe SD would get a little bump on takeover speculation due to the TLM deal. guess not. I might be missing something but SD financials don't look like bk is anywhere close to becoming reality.
buy when there's blood in the streets. I hate owning oil stocks, but right now things look too cheap so i'm nibbling.
bought in @ 1.77 I'll bet with leon Cooperman any day. glad I waited tho, been watching this tumble for a while.
who wouldn't sell after a run like that. but you're right, management is really into the bucks. I hope i'm wrong but with woodman it might be more like a quicksilver than a nike.