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$tockfather

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$tockfather

Re: IL Padrino post# 1115

Tuesday, 01/12/2016 2:17:06 PM

Tuesday, January 12, 2016 2:17:06 PM

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yeah well NOBODY in this sector is making a profit right now with oil prices this low, but you cant tell me that ALL oil companies will crumble. Best to find the companies with the strongest fundamentals that could weather the storm. I believe Seadrill can survive the blood shed as long as oil prices eventually move back up to fair values. I would be surprised to see Oil prices staying down at these levels for a long while. Its always a good idea to buy when there is blood on the streets and there is a sea of blood right now in the energy market;) Anyway profits are not to be expected with oil prices down this low. This is already expected and the current share price reflects this.



Trade with focus and then you'll see everything move in slowly!!

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