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jaiml

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jaiml

Re: jaiml post# 39714

Tuesday, 07/21/2015 6:44:38 PM

Tuesday, July 21, 2015 6:44:38 PM

Post# of 47282
Sold out of EGY

My recent purchase (only two sessions ago) at $1.25 brought my ACB down to $2. This morning, I took the opportunity to sell out of EGY completely at $1.65 for a ~18% loss.

Not sure where I will deploy the funds but I am looking to buy another energy stock. PDCE seems like a good one to own as they have hedged their production much better than EGY. Other bigger cap plays like COP are offering a good opportunity as well.

Or I might buy an energy ETF and call it a day.
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