BEXP is a small holding of mine. It is sitting on a huge pile of oil and beginning a major drilling program after refining its horizontal multiple re-frac process and bringing in several wells this year. Should the market crash as is likely, and idiot margin players get stopped out, shouldn't the possible damage be limited and quickly recovered by the sweet spot BEXP seems to be in ? Can anyone explain the error of this simpleton thinking. I'm a two to three year horizon trader looking for triples so 1/3 can be recovered and then play with the markets gain on a shorter term basis.
Are We Re-Running 1999? [View article]