Is There a Bounce Opportunity in the Energy Sector? [View article]
Agreed. A lot of these stocks are selling at P/Es or 5-10. And although crack spreads are down they're still positive and oil is still up compared to a year ago. What, do they think now that people can live without energy? The biggest negative for these stocks is Obama and the Dems and all their plans to bleed the energy companies with higher taxes.
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Agreed. A lot of these stocks are selling at P/Es or 5-10. And although crack spreads are down they're still positive and oil is still up compared to a year ago. What, do they think now that people can live without energy? The biggest negative for these stocks is Obama and the Dems and all their plans to bleed the energy companies with higher taxes.
Sep 18 12:53 pm
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All Comments by AlexS »Is There a Bounce Opportunity in the Energy Sector? [View article]