Blood is in the streets, fear is all over the LINE and LNCO message board. But......look at the analyst estimates going forward, they are all being revised higher now that oil has stabilized.
That said don't try to catch a falling knife, wait for a the rebound to start before you start buying. like not today, but soon.
Hardly stupid, the observation is quite astute. Market is rotating out of oil and chasing the hot money in tech, biotech, banks etc. Don't need to buy today but at some point 6-12 months out this is the sector to be in. Watch, wait and be ready to buy.
oh dear, please buy S&P 500 mutual fund. if you had to ask this question YOU SHOULD NOT BE BUYING INDIVIDUAL STOCKS!!!! see 5% month would be 60% a year which should be really obvious to you to not be the case. if you can't figure this out you are better off buying mutual funds.
of course.....at 50-70 SDRL is OK. 80+ barrel we will start to really get our mojo back but this may be a long time coming..
It will give me great entry point into many stocks I am waiting on to come in. LOVING IT!!!!!!!!!!!!!
sub 10 this will be a great deal, just waiting on a few more #$%$ announcements about day rates. The well capitalized will acquire later this year. Too bad SDRL pay out so much in divvies and didn't hoard more cash.
Bend over donkey, you are not going to win this round buddy. Rates going up are only in reaction to higher rents....but as usual the fed raises too late and inflation runs a bit and real estate holders win HUGE long term. Hooray! Well not entirely because I want to buy a lot more O and cheaper is better. Sub 45 is dreamy, maybe I get it though??? up up and away!!!!!!!!!!!!!!!!!
commercial real estate is turning over more now but this is because tenants are moving up. The turnover is generally a good thing with rents going UP UP UP all over the US. 5-6% yield is a great place to accumulate O. Don't jump into any REIT now, with rising rates you have 2-3 years to scale in so pick one or two and start accumulating. cheers.
petekook sold in the high 40s and is just starting to scale back in now. I will have about 1000 shares in two years and will be smiling ALL THE WAY TO THE BANK!!!!!!!!!!!! bwahahaha
Lower is better for me short term, but she won't go down much more....BUY BUY BUY
good riddance Greece......pulling the band aid is what we need to move higher!!!!!!!
no it is not....but the analogy is a good one. Oil is not nat gas or solar either. Offshore oil is expensive to recover, onshore much much cheaper.