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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (16308)12/1/2014 7:02:28 PM
From: Hank Scorpio  Respond to of 33421
 
Nothing specific with RIG. Decent company, good stock. Yes, it is extremely oversold and might be close. All depends on oil of course. I think we're reaching maximum pessimism. But, I'm playing with LEAP calls. I'm not riding it down another 10 points if I'm wrong.

Everywhere I look I see oil being regarded as dead. I've seen it before.