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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (111903)10/15/2008 12:35:46 PM
From: peter michaelson  Read Replies (1) | Respond to of 206212
 
Thanks for the answers. I have another question.

Which firms made the most acquisitions and leveraged up the most with oil at much higher prices?

Perhaps there are short opportunities there that have not yet been fully realized.

Are there possible bankruptcies for leveraged EP plays?

Thanks once again.

Peter



To: Paul Kern who wrote (111903)10/15/2008 7:37:20 PM
From: skinowski  Respond to of 206212
 
"Buy a futures contract. I believe that they go to eight years out."

This is probably the best advice, when all said and done. Futures are very leveraged, they don't tie up too much money - unless the investment proves to be dead wrong. I had the same exact idea in 2006, when Oil was playing with 50. Didn't do it -- I hope there won't be another opportunity... LOL!