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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Elliot F who wrote (6556)2/3/2006 12:54:35 PM
From: timis  Respond to of 25575
 
Nope. I hold tight even thru the shoulder season. Lots of interest from indians for oil sands,Iran new oil bourse in March and IMO will be referred to UN thus keeping oil high,PBG getting closer to test as well. Hope nobody will buy them out.



To: Elliot F who wrote (6556)2/3/2006 2:33:23 PM
From: Chuckles_Bee  Read Replies (1) | Respond to of 25575
 
<<<<wondering if anyone has sold (or reduced) there holding on PBG>>

I'm wondering if 16 is going to be the new ceiling or the new floor.>>

...and I'm wondering if anyone here is still buying more at this price level?
....or are you assuming we will get a good size backslide that will offer a better opportunity?


Regards,
Chuck.



To: Elliot F who wrote (6556)2/3/2006 10:12:06 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 25575
 
IMHO, the SMART the thing to do would be to take some money off the table---with both CLL and PBG. Yet, I haven't done so despite my best intentions to do so. My intuition and brain are in conflict here.

This has the makings of a bubble the way the stock prices are rising so fast. People are just throwing money now at "oilsands".

Yet the macro picture keeps me from selling. The oil is in there and we are going to need it. And the both the American Government's Budget situation and foreign policy are dovetailing to eventually devalue the dollar and conversely inflate real assets. And so I hold, but I am not liking it.

Hamlet



To: Elliot F who wrote (6556)2/4/2006 1:03:41 AM
From: Comox52  Respond to of 25575
 
PBG will correct eventually, I'm sure.

I have reduced my position to 40% of what it was in Nov, this week. By my estimates it will correct to the $13s after this rally but it may go much higher first. I would guess anywhere from $16.74 to $23.00. It's all a WAG and who has the most nerve from here, IMO.


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