should i buy oil stock right now! !!

[MaxM3F80]

Look at the market right now i see oil still low prices i have some money want to invest in oil stock but i still thinking, if anyone have a good opinion please give me some lines here

[gtron]

cool question for this thread:
http://f10.5post.com/forums/showthread.php?t=547671

replace f10 for whatever forum you're using.

[Nkc]

There's only 1 guy you need to ask and his name is Prena.

[MrPrena]

Originally Posted by Nkc

There's only 1 guy you need to ask and his name is Prena.

thanks.
Most of guys will brag about what they did and what they made, but never mentioned what they lost.

As for OP
Even monkey falls from the tree. I admit. I lost decent % on AMD this year. Very shameful. However, even if you lose money, please keep on fighting. Even if someone loses 50%+, fighter are optimistic on next trade/investment.

As for oil, lots of guys here as well are trading (short term) inverse oil ETN/ETFs. As for being long, I would focus more on oil and winter diesel demand (more like future change in demand) than the supply side. Supply side are fairly predictable right now.

[Nkc]

Originally Posted by MrPrena

thanks.
Most of guys will brag about what they did and what they made, but never mentioned what they lost.

Fortunately, I only brag about what I've lost lol.

[CANGRKE70]

Originally Posted by Nkc

Fortunately, I only brag about what I've lost lol.

Only thing keeping my investments up are TD Bank and Apple...rest are in the red big time. Fun times!

To the OP, I'd research some Type 2 Diabetes Pharma co. as there are a lot coming out with new waves of meds bound for FDA approval. Pretty reasonably priced and you know with all the crap people eat and obesity that they are going to be making money hand over fist.

[TomHudson]

Theres no rush in investing in energy sector stocks. Market is in a decline currently, and will remain there for at least a year.

Canadian companies that export oil/gas to the U.S.,China etc need ~$50 a barrel to break even.
Let the economy pick up, large oil producing countries to reduce production and you can do we'll...

Winter is supposed to be mild, so keep that in mind for demand...

[MrPrena]

LOL, watch... the OP comes back on here after 6mo with his new 458 Speciale with oil money.

[1MOREMOD]

Invest in rod bearing also.

[AlpineE92M3]

Originally Posted by 1MOREMOD

Invest in rod bearing also.

Lmao I just spit out my beer reading this comment. You owe me another beer!

[1MOREMOD]

Originally Posted by AlpineE92M3

Lmao I just spit out my beer reading this comment. You owe me another beer!

Will do always stocked up.

[MaxM3F80]

Originally Posted by MrPrena

thanks.
Most of guys will brag about what they did and what they made, but never mentioned what they lost.

As for OP
Even monkey falls from the tree. I admit. I lost decent % on AMD this year. Very shameful. However, even if you lose money, please keep on fighting. Even if someone loses 50%+, fighter are optimistic on next trade/investment.

As for oil, lots of guys here as well are trading (short term) inverse oil ETN/ETFs. As for being long, I would focus more on oil and winter diesel demand (more like future change in demand) than the supply side. Supply side are fairly predictable right now.

Thanks for your honest opinion, i will buy some oil.
What about gold and silver market MrPrena!!!
I know everyone has their own way to investment.

[sudheer]

i assume the oil cannot get lower than the current price. i had recently bought 2k worth of stocks in a public oil company.

[MaxM3F80]

Originally Posted by sudheer

i assume the oil cannot get lower than the current price. i had recently bought 2k worth of stocks in a public oil company.

What is your public oil name symbol !
Thanks

[John 070]

I wouldn't (I have BP, Schlumberger and Transocean).

but I did get this over the weekend

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by John 070

I wouldn't (I have BP, Schlumberger and Transocean).

I shorted the crap out of RIG at $21 back in April/May

[MrPrena]

Debating I should buy DWTI (-3x oil) again.

[John 070]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

I shorted the crap out of RIG at $21 back in April/May

I would never short anything. When you buy a stock, your loss is limited to your entire principal. When you short a stock, your loss is limitless. Even if you are right, there are moves where risk v reward is more sensible...

[MrPrena]

Yes, shorting is selling shaes which u dont own, and cover at lower price.

Some people use the term "short" as:
Buying put
Sell/write calls
Even any bearish bet.

Yes, due to risk, shorts tend to do more research.
I usually buy puts to go bearish.
This year , only "short" (bearish) i have done this year is buy inverse etf/etns.

[NEFARIOUS]

Good downtime to invest in it since oil is at an all-time low, but for Canadian bitumen extracting companies I'd err on the side of caution since I recently read that demand has been dropping and they're resorting to selling at a loss. Maybe someone with actual investment experience would care to expand on it and [dis]prove my points.

[MrPrena]

Originally Posted by NEFARIOUS

Good downtime to invest in it since oil is at an all-time low, but for Canadian bitumen extracting companies I'd err on the side of caution since I recently read that demand has been dropping and they're resorting to selling at a loss. Maybe someone with actual investment experience would care to expand on it and [dis]prove my points.

I think you are absolutely right on the oil.
People are going long when others are about to cover (that is how one lady who wanted to commit a suicide got out of Depressant to Manic after making $$$$ in 3 days after my FREE fuking advice)., and start shorting it after all short covered. I think we will be fairly safe to bet that oil will creep lower till Dec.

During that time, I would watch out for is retail and etail report right after black friday on CNBC. That can temporary spike the oil price up , by investors anticipating/speculating that there is demand in diesel from transport ind.

[FC4]

Originally Posted by John 070

I would never short anything. When you buy a stock, your loss is limited to your entire principal. When you short a stock, your loss is limitless. Even if you are right, there are moves where risk v reward is more sensible...

LOL. Never take investment advice from someone who thinks a stock could go to infinity.