Bought 28,791 shares value $748,566
Credit Suisse noted that the company has taken its licks in the downturn.However MRO has higher multiple buisinesses within it and Marathons upstream cash margins have room to rise as shale production rises and the oil recovers.The stock currently trades at an attractive discount to NAV relative to peers.
Well like I said on my previous post I bought 3500 shares of marathon oil at 26.77 that was last Thursday market was closed Friday ,I am up 71/2 percent since Monday that's only 4 trading days the stock closed today at $28.77 which gives me a $7,000 profit !
Beat all my expectations bought 3500 shares Thursday April 2nd market was closed Friday only day the stock was down which was 20 cents was yesterday when oil was down 6% I paid 26.77 closed today at 28.77 that gives me a $7,000 profit!
Good day today up almost 3% still no one posts on this board,can't understand why the only post are the stupid kind like this company is trash or I lost on Mro but these guys saved me you get the point,in all the years I've owned stock and seen the different message boards I've never seen one like this board!
guys this is not my 1st rodeo i know theres always got weak hands and disgruntled people on all board ,but there seems that the posts here are extra stupid, like telling you to go to there great web site thats generally on boards where the stock is trading for under 5 bucks also you have to admit theres not much going on as far as i can see talking about anything just foolish posts?
Good day Thursday positive all day, will be closed Friday I believe that for the next couple months oil will stabilize and that's why I sold Mpc and took a position in Mro.
well again i will make a move to marathon oil believe that oil has stabilized and that mro has got to finally get there day in the sun ive been fortunate with mpc and will be watching as much as i always have at least i am still with what i consider one of the best run companys there is.
Been holding marathon pet for 13 months and have enjoyed the ride down in oil,but i think that the ride is over at least i believe that oil will stabilize from here,so now i think Oppenheimer has some valid points and will be here on your board from here so good luck longs iam hoping to be able to share thoughts good day.
Today March 31st was a disaster coupled with Monday I might have to give up because of the margin call .
Paying 7 percent and I thought that would be ok because I figured that gilead would really outperform the market well today Monday the 30th and the beginning of the week gilead is red while every biotech stock is yo Nasdaq up over 50 points!
Cost me $27,000 to borrow 60,000 Ts ameritrade
I lost a considerable amount of money day trading since 2010 to the end of 2014 had $30,000 left and decided to just buy gilead and borrow $60,000 ,I thought this is a no brainier just sit tight and rebuild at least a little of your losses back well everyday I become more frustrated with the investment because I watch all these biotech company's that keep going up day after day even though they have no earnings to speak of ,that doesn't seem to matter to Wall Street .
Been frustrating to stay the course but i still believe that better days will come,when i think that all the neg news has finally ended then here comes something out of nowhere to keep the price from gaining ground getting tired of the same thing happening over and over.
Maybe they don't like the report just out on the CEOs paycheck?or maybe they noticed that the rest of management got payed handsomely as well!
This is very important just as important in fact when we witness what has been happening recently.