what whipsaw are you talking about?? I do not believe a $2 price change represents a whipsaw. A whipsaw is a violent upswing due to a severe imbalance in the stock demand. Whipsaws are indeed turnarounds. When it busts back through $26-$28, then WLL will be in play. GL
your analysis OR opinion is worth as much as you can #$%$ out. I remember you telling everyone how NEM would skyrocket up...its more like a lead zeppelin.
Why would anyone listen to what you think about companies? Arent you the one that owns that broken down wreck VZ? It hasnt moved in years and wouldnt doubt that train wreck goes below $42
Want to thank the schmuck that sold me the 650 shares at 20.29...this board is completely overrun by fools that have NO idea what is going on around them. Will be glad to sell back on the bounce at $26+.
Terrible stock that is only going lower. VZ is lower now than it was in 2013 and much of 2012. If you are looking for capital appreciation, stay clear of this stock. If you are old and searching for a dividend income, pick up a few shares.
"Why people try to call a bottom...stupidity" for the same reason why people go short after it has gone done 70%...People want to be right when EVERYTHING that has to do with the market is OUT of our control. The ONLY thing is our control is whether to buy/sell or not. Period. GL
same here, I always write calls on my positions because they are covered. Mine are going bye bye in AUG. So I will add more next month. GL
Experts/traders have been saying that for years. And of course, you are clinging to the hope that the world is crashing. How well will YOU live when everything around you is gone? You doomsdayers are sick in the head.
PSX is a lot more than refining which is why it is so valuable. Giving it a PE of 15 gets you over $105. IMO, that is a high value and 12 PE at the low end, you still have a $90 stock at that PE. By the way, the guy who is waiting for $70 will have a very long wait!!!
It has less to do with oil price but more to do with credit ratings. EOG is A++ with very little debt. Go look at EOGs competition. Right now, its about being able to weather out the current glut, not oil price. I have owned and traded EOG for years. I know the company well enough to buy in the mid $80s and know I will be sitting good at years end.GL!!