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S&P 500
5,554.13
(
1.07%
)
US TECH 100
18,787.60
(
0.23%
)
Dow Jones
40,861.71
(
0.31%
)
Brent Oil
71.08
(
0.79%
)
Bitcoin
58,123.67
(
1.36%
)
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gpg

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gpg

Re: None

Monday, 01/11/2010 9:40:03 AM

Monday, January 11, 2010 9:40:03 AM

Post# of 1839
NEP appears to be less a valuation play (athough still a little ways to go there) and more of a pure oil play. When NEP was trading at $5, this stock was heading up regardless of what oil did (excluding a huge drop below 60). Now, I would guess the current strength in NEP trading over $10 is more tied to the strength in oil as it has approach a fairer valuation.
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