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jay one

03/21/16 11:31 AM

#53 RE: jpicker #52

It all depends on oil/gas prices , i think the downgrade from citi today sets up a nice buying opp under $2, i bought this morn @ 1.92, i think if oil heads close or above $50 we can see this above $4 in 6 months, possibly above $7-10 in a year, im holding a core and trading around it ,made some good $ when this hit above 2.50 recently,

jay one

03/21/16 11:37 AM

#54 RE: jpicker #52

Im very uncertain on oil sustainability, i would think if would be under $35 even $30, i actually bought evep as a swing trade 1-3 days but got stuck and kept buying and did more dd and think it is a good investment plus they are still giving out a divi (not sure if that last) so i built my position big and sold half over 2.50 with an avg of $2, but being cautious buying and selling half position short term and holding half long term

jay one

03/21/16 11:37 AM

#55 RE: jpicker #52

Im very uncertain on oil sustainability, i would think if would be under $35 even $30, i actually bought evep as a swing trade 1-3 days but got stuck and kept buying and did more dd and think it is a good investment plus they are still giving out a divi (not sure if that last) so i built my position big and sold half over 2.50 with an avg of $2, but being cautious buying and selling half position short term and holding half long term