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


To: profile_14 who wrote (158450)10/16/2011 9:57:52 PM
From: raybiese1 Recommendation  Respond to of 206084
 
Thanks Profile. I hold Penn West & Pengrowth (long term holds). Enerplus had a bit too much heavy oil (which will probably get saddled with a significant discount for some time to come) and is into the shale gas. I will take a look at ARC, Vero & Midway for value trades but doubt they will get into the same category as Daylight was. It seems to be pretty hard to find good value, good dividend, bright management, good respect for shareholders and good long term prospects. The part about 'good respect for shareholders' is REALLY hard to find. It is almost as if everyone loves bondholders & hates shareholders. Screw that.

Right now I'm moving to the 'stay out of investing' frame of mind for the energy sector. Just too much b*llsh*t going on. Maybe try a swing trade every now & then, but new 'investing' is off the table for me right now in the energy mid-cap arena. Another slam down and I might add more to the precious metals sector.
Ray