John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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3bar

Fiscally Conservative

roguedolphin

To: John Pitera who wrote (17640)	1/12/2016 11:24:59 PM
From: robert b furman	3 Recommendations Read Replies (1) of 33421

Its time to pinch your nose , close your eyes and buy NOV and HP the least in debted oil field services and driller s out there. A long term buy and hold that will yield a multi bagger in 24 -36 months. see how easy it is! Sell puts as far out as you can get them. premium to net purchase price must be 12-15 % and the yield if put to you must exceed 7 %. What a generational opportunity at hand. How many billions of projects have been deferred and demand is up - every body loves cheap gas. It rally is a no brainer but there are times when an investor must know what he knows. Buy the dip, and then buy the bottom, and then add to. Nobody is perfect, but in the long run, as in investing - it will pay sweet. Scary but also obvious. Bob

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