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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (37125)3/28/2010 7:55:37 PM
From: Grantcw  Read Replies (2) | Respond to of 78602
 
Hello Jurgis,

Well, you and I are on the same page regarding oil. To be honest, I'm getting a bit jittery about the overall market at these levels, and I feel like Oil companies are a safer bet than other value stocks, given the potential continued rise of oil prices.

But, I'm running into the same issue you are in that there aren't a lot of easy picks either in the oil stocks. You can find some cheap valuations, but most of those companies have issues...

I'll have to think about GPOR. It does look to be volitaile, so if it would move back down to ~8, I think I'd feel more comfortable with a buy than at ~10.5. We'll see.

I'm considering closed-end fund PEO with a ~12% discount as a value way to play the sector for a year or two.

Thanks,

cw