• Mercy Jimenez
    Statoil Downgraded to Reduce at Nomura; I'm long, overweight, and holding.
    7/12/12
    Reply (7)
    • declanfromtrinidad: mrs mj, if you are in a forgiving mood, PGH back to its 52 week lows. (penn west is also at its lows).
      7/12/12
    • Mercy Jimenez: haha, declan; afraid when I lose confidence in mngt I stay out; who knows what else PGH represented that won't align w/ future actions??
      7/12/12
    • Mercy Jimenez: Whereas Statoil (to date) has always done what it represented; Suggest you check in w/ Ocean Man who I believe is still long PGH.
      7/12/12
    • declanfromtrinidad: waiting until oil falls in the mid 70s before getting back in oil & gas. watching freehold royalties, crescent point , penn west etc
      7/12/12
    • Mercy Jimenez: Makes sense declan; think I read that PWE can sustain div as long as oil > $60; Crescent's breakeven may look better; you will have 2 check
      7/12/12
    • declanfromtrinidad: relatively low debt / equity ratios in freehold royalties and crescent point as well. enjoy your trading. God Bless.
      7/12/12
    • Mercy Jimenez: thanks, declan, U2.
      7/12/12