Seeking Alpha
  • Alan Brochstein
    $EOG looks due for a pause/correction
    2/10/13
    Reply (15)
    • zorro2828: You are kidding, right?
      2/15/13
    • Alan Brochstein: No. Did you notice the reversal yesterday following earnings results?
      2/15/13
    • zorro2828: Did you see the opening Ask today of $145.97? Yes, I sold and re-bought in.. Pigs do get slaughtered,
      2/15/13
    • zorro2828: but there is a lot more beef on this one!
      2/15/13
    • Alan Brochstein: My guess is the stock builds a base here, with a central point of about 127.50. Maybe the high was set yesterday at 138.25 on the open.
      2/15/13
    • Alan Brochstein: Stock now down on the week after a great earnings report - I stand by my comment a week ago: Time for a Pause/Correction on $EOG
      2/15/13
    • zorro2828: this is the market being stupid.. EOG fundamentals are like a rock.. right time, right place and Great management ..
      2/21/13
    • Alan Brochstein: zorro2828, of course you are right about the company - I agree. But, the stock $EOG is not the company, and it was overdone
      2/21/13
    • zorro2828: The CPA in me can not reconcile the difference as I look at the money honey and they are cooking on all cylinders..
      2/21/13
    • Alan Brochstein: So, try to learn. Trust me, they are VERY different.
      2/21/13
    • zorro2828: OKAY ... when are you starting to buy more?
      2/21/13
    • Alan Brochstein: I am not involved except as a spectator. It's on my watchlist, though. As I said, I expect a base with 127.50 as a central point. 123-132
      2/21/13
    • zorro2828: so as it is @123.. have u started a position? I have been buying today.. what holds you back.. knowing you understand the numbers..
      2/21/13
    • Alan Brochstein: Bases take time
      2/21/13
    • zorro2828: Usually, I would agree, but with this being the hottest stock and receiving no fewer than 3 positive articles this weekend - I am buying
      2/25/13