Game Changers and Market Movers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Game Changers and Market Movers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Paul H. Christiansen	11/17/2014 3:15:35 PM
	of 686

Fund manager sees risk in exploration stocks Energy exploration and production stocks are poised to tumble in 2015, especially if the price of oil continues to fall, hedge fund manager Michael Corcelli said on Monday. "One of the cheapest ways to get paid hedging stock market exposure is to short E&P stocks - the small ones with excessive leverage," Corcelli, who is founder and managing partner of Miami-based Alexander Alternative Capital LLC, said at the Reuters Global Investment Outlook Summit on Monday. Corcelli, whose fund bets on macroeconomic trends through a range of assets, said one of his biggest mistakes this year was investing in a highly levered energy-and-production company that needs oil to remain above $70 per barrel to be profitable. Oil prices have been drifting down toward that level on concerns about global economic growth since hitting a high near $115 over the summer. To read the entire article select . . . Fund manager sees risk in exploration stocks

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next