Spek,
EDIT: I posted this before seeing Spekulatius' message. Anyway, I'm not gonna edit the below, since most of the questions and thoughts stand. :)
What do you think about the oil patch? Too early?
My current holdings are in DRAGF, SPND, NOV, PGN (ouch), CVX. Bought a tiny bit of APA and GTE. All in total ~7% of my portfolio.
Out of these, PGN is the only one which can go BK in this downturn.
CVX, XOM are not cheap yet. I don't like APC that you recommended.
MHR - oh wow, talk about levered... I was thinking about MHR prefs, but I think I won't touch them. |
