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


To: E_K_S who wrote (41315)2/2/2011 3:56:00 PM
From: Jurgis Bekepuris  Respond to of 78750
 
EKS,

I am in a bind with the oil cos. Most of E&Ps have ran up and I am selling them. The real questions is whether to buy the laggards. I am buying some of them like NXY where I think the business is good and the company is just not adequately priced for some reason. Others I don't buy, but I don't sell yet either.

However, there is a risk that if price of oil tanks, even laggards will tank too.