Seeking Alpha
  • Ocean Man
    Bought back LRE at 17.28, 13% lower than what I sold it for a month ago. Yield is 11%.
    11/7/12
    Reply (8)
    • weed: I find I already have a lot of oil. Do you ever worry about being over-weight in a given sector?
      11/7/12
    • Ocean Man: I'm often overweight oil when it dips. More comfortable overweight oil at 85 than 95 or 106. Some think ME action was waiting on election.
      11/7/12
    • Clayton Rulli: company is about half gas half oil.... you like the prospects?
      11/7/12
    • Ocean Man: I like the yield primarily. Only sold it because it jumped 10% unexpectedly LOL.
      11/7/12
    • wigit5: OM current thoughts on QRE thinking about dipping in currently at 18.83, and I think the oil/gas play is poised for growth while paying divi
      11/7/12
    • Ocean Man: That's a good price on QRE today too.
      11/7/12
    • Ocean Man: Sold it at 17.77. Felt like taking a gain today because I bought too much, nothing against LRE.
      11/7/12