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boo boo

03/27/13 8:55 AM

#45 RE: Wildbilly #44

Hey there WB. Hope all is well. They're talking a decade so anything is possible. However, there's plenty of oil and I just don't see that extreme price for crude. $150 caps it for now, imo. We are in that intermediate wedge on crude that I've mentioned before and I see it approaching resistance here. The dollar isn't going to help us out either. Looks like GPOR broke out yesterday. I bought Oasis back. I own them, Bonanza Creek and also bought KOG below $9 when I brought that trade idea to your attention. For now, those are my E&P plays. Adeezl likes Tesla. Seems to me Elon Musk knows how to run a company. CLNE looks most interesting as it continues to consolidate. I'd rather buy this one when it breaks out from consolidation. This might take some time as they build out the infrastructure.
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boo boo

03/27/13 3:31 PM

#49 RE: Wildbilly #44

Correction. I actually bought OAS at trendline support. It was sold yesterday. My purchase was in Bonanza Creek (BCEI). Not sure I'll want to stick with it. That AD must've kicked in.