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56Chevy

06/27/17 11:06 AM

#109 RE: norweger1979 #107

No banks right now but if this O&G play on frac sand interests you and you want to get something to buy and hold for your children or grandkids take a look at TPL. Its not a traders stock...purely long haul investment. You buy it - you stash it away.

The story on what this is is one of the most interesting situations on Wall St. Fascinating stuff.

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Enterprising Investor

06/30/17 8:47 AM

#111 RE: norweger1979 #107

The big move in bank stocks have now occurred. Select large banks like C still have some catching up to do.

Banks should be considered a "hold" if you have some in your portfolio. There are still some values in the community bank space. Personally, I have to replace FOFN.

I still have not owned this company. By not buying when 56Chevy brought it to our attention was probably a mistake. However, it ran up and then down. I prefer to buy businesses when they are down. Determining how low is low enough can be hazardous to one's portfolio.

I do prefer oil service businesses to small E&P companies. Several have made trips through Chapter 11. I believe oil prices have to stabilize above $50 for me to sink funds in oil or related businesses.