Replies to post #71 on Kosmos Energy Ltd. (KOS)

[ziggy7796]

TMR....in the short term I'm flipping kos during peaks and valleys over the last six months for a 300% return..... remember this stock was steady at $6 precovid for a long time....with covid vaccines in the pipeline the world economy will eventually rebalance and global oil demand (reducing current oil inventory overstock) and prices will rise as global population goes back to work consuming more oil for jobs, factories, transportation, leasure.,.etc....the question is when.....at that time I will hold for LT stock rise back to 6.
Secondly.... with a Biden presidency, US oil regulations will rise and US oil development will be curtailed....spot crude prices will rise and reflect accordingly in all oil stocks as price increases are past on to consumers... remember $3 gas prices... finally start watching BP premarket stock trend....whatever BP does.... Kos will follow at market opening but at a higher percentage level...good luck...ziggy

[QuacksLikeADuck]

No pointers really. I go by the seat of my pants really. Originally I bought KOS because they were a solid company that had been deeply oversold and under $1 so i could afford a large number of shares. but not genius or anything, Buying almost any decent company at the height of the pandemic panic selling would make a decent return. I was more proud of my BLNK warrents at $2 before it shot up. Mostly though i look for beat up stocks that i think will return for any number of reasons.

[QuacksLikeADuck]

Actually , if you are looking for a good dividend Energy ETF
I bought AMZA in my IRA account at $8.6 during the panic selling and some more at $16 later. It is around $21 right now, $46 pre covid and a very nice yield. Nice buy and forget investment.
But there may be better out there now. Have not looked for awhile