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


To: Jurgis Bekepuris who wrote (54798)1/15/2015 8:39:42 PM
From: Spekulatius1 Recommendation

Recommended By
Mattyice

  Read Replies (4) | Respond to of 78627
 
Jurgis, thanks for your snarky response, I sort of deserve it. The main point, I did not get over clearly is - are Energy sector companies a good buy, based the information we have now? Tumbling oil prices are a fact and impact the business and the asset values. So are we getting a good deal here? Has the stock market overreacted, or is it slow to adjust. Are we getting a good value here or are we simply betting on a cyclical recovery. I think those are fair questions to ask.

I like your picks of cash rich DRAGF and GTE. I sold my SPND but have a buy order open in the 3.x$ range, just in case. FWIW, when I bought SPND, crude and gas prices were higher than they are now and the stock was barely above 2$.