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Re: benchman post# 55

Thursday, 02/04/2016 1:33:05 PM

Thursday, February 04, 2016 1:33:05 PM

Post# of 119
Yea, looks like I missed the boat. I been kicking my butt all day. Practically every stock I follow up 10% and NOV up 1%.

But I now got a nice load of NOV under $27.50 and I'm holding. NOV has been under selling pressure because of a shit quarter. I think the selling will end later today. In fact, its starting to move up now. I think NOV will return to $30 by Monday's close if oil don't take another crash. NOV held above $30 when crude hit $27. I think it will hold $30 going forward. NOV pays 7% dividend at current prices. It really is a solid buy and hold.

That's what I want to do for awhile. Getting tired of spending my whole day clued to this screen. I got other fish to fry. NOV is a stock you can check on every few days without worrying too much about a crash. Just put in a tight stop sell order and forget about it. ESV and RIG make me nervous... you can't even go take piss without concern they might drop 2% - 3%.

I missed another big winner today. I day traded FCX for 3-4 months and knew it would turn around. It popped 20% today.

Take care beachman. check out NOV.