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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (2370)	12/3/2014 1:00:55 PM
From: Jerome	Read Replies (1) \| Respond to of 26806

Hi Kirk, Seadrll (SDRL) has suspended the dividend.... But I look for the others on this list to acquire smaller companies that could be in a cash bind. All of these companies have very low p/e's and relatively high earnings compared to similar market cap companies. Boone Pickens still thinks oil is headed to the $100 to $200 range. I consider him an outlier in oil price projections. A lot of marginal players will bite the dust...or be acquired. The companies I listed will survive and prosper. It will just take one major unfortunate event to send oil prices to a much higher range.

To: Kirk © who wrote (2370)	12/3/2014 1:06:51 PM
From: Da Rookie	1 Recommendation Recommended By Kirk © Respond to of 26806

I didn't wait for any consolidation in WPX as it has collapsed over 50% and if we're not at the bottom I am thinking we are close. Not a strong stock but it is one I own and pays dividends. I am able to do this as it was free when WMB gave them to me :) My thinking we are close is the fact they are saying we will end up with 60-65 bucks a barrel and were close to that now. Some may laugh at me but playing events is part of my silly strategy. It is one of the reasons I own many of the stocks I do. WMB and PCG are two of them, see Enron. I consider this an event. Cheers and hope everyone has a great holiday season !