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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?
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To: kryptonic6 who wrote (81)2/17/2005 7:03:25 PM
From: Wyätt Gwyön  Read Replies (2) of 1183
 
I know I'm not going to get 50% return investing in XOM or BP

actually, i've had about a 150% return on a XOM play in just the last 5 weeks, thanks to a suggestion that uhmuhnum made on Jan 12:

Right now you can buy XOM Jan '07 leap strike price $60 for $2.1. My gut is telling me that these are way too cheap.
Message 20944679

i thought that was a very good idea so i bought some of those very LEAPS, for 2.10 to 2.20, as i recall. last trade was 5.30.

there are all kinds of ways to play the market without stepping into the pink sheets.
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