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Re: Ownwallstreet post# 4695

Friday, 08/19/2016 10:21:37 AM

Friday, August 19, 2016 10:21:37 AM

Post# of 6438
Oh yeah. I read some pumper article on CNBC some guru telling everyone to buy oil company stocks right now (after they aready rallied a lot on the recent Saudi hack / bs / pump job). Yeah let's buy those at their peak right now because surely oil will stay around $50 through the winter and those stocks won't pull back any lol.

I really don't understand how some of these guys that have all this "(wall) street cred" can be so dumb. That or he's baiting retail investors to push the stocks higher so hedgies can short them.

No rally lasts forever. Take profits.