Nice day here for Concho. FWIW, I was just looking at Norse as a foriegn energy stock to buy and hold as a hedge against inflation.
I saw that Merill Lynch bought a little today, so I am feeling OK with it, even though it is down a ton for the year.
Looking for basket case stocks now as we enter "tax loss" selling season. I see alot of sloppy sells as people get frustrated and sell with market orders, and dont care much about the loss, since they are just gonna use the wash to offset gains in other investments.
Happy hunting and Good luck.
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