Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 689.10

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Jan 23 4:00 PM EST

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To: cycleupcycledown who wrote (93664)	6/22/2017 12:50:25 PM
From: Drygulch Dan	Read Replies (1) of 222346

I don't know Devon but the stock was trading below $20 US in Feb, 2016 so it could get back to that area on this current decline. Or not. Its currently trading around $30, so losing 10 bucks on a 30 buck trade would be painful, but might position you to pick up $20 if it turns and climbs to $50 which it hit in Dec, 2016. How are its financials ? Prospects ? What aspect of oil does it participate in ? What is its market cap ?

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