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To: Think4Yourself who wrote (56168)12/6/1999 1:58:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Trading - wash sale, rotation ideas... APA EOG

For anyone who wants to trim, or sell a position at a loss here - but, wants to put the money back to work at an equal, if not better position; today's action in APA, EOG is presenting some nice large cap opps.

APA has 50%upside to its recent high - unbelieveable...

We all know the APA story - balanced oil to gas, big consolidator, still has the balance sheet to make more acquisitions - only .36 LTD ratio and has a whopping 7.1 x interest coverage here.... once again; why the small caps with APA - whom we all KNOW will get huge institutional mo-mo when sentiment changes... Totaly discounting their exploration upside & recent discoveries to boot here.

This is getting to a point where common shares are a waste of time - I'm spending the rest of the day looking at "calls" fwiw.

Huge upside for those who are willing to make a NG bet here - actually EOG BR NBL are all priced like $1.80 NG here ? NG prices can go to $2.00 and with merely a sentiment shift - you can make 20% + in these when they bounce... let alone, if NG gains traction.

APA - looks like the play today imho.