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Am I accurate In my assessment that investing In energy companies
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Anonymous
2016-02-20 21:22:11 Post No. 1102926
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Anonymous 2016-02-20 21:22:11 Post No. 1102926 [Report]
Am I accurate In my assessment that investing In energy companies now at a low due to oil prices will pay out In the short and long term? Considering oil talks In Venezuela with the Saudis let to oil In the country going from $0.01 to $0.60. I figure companies drilling oil, or producing energy In countires operating In countries with large economies like China where energy companies are subsidized out the ass anyway so debt Isn't an issue. I was browsing through and found a company that seems like a decent long term investment considering they hit they're years low In January and has been going up a few cents a day now for a week. Am I on to something or just too stupid to realize my inaccuracies?
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Anonymous 2016-02-21 09:53:04 Post No.1103757
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Anonymous 2016-02-21 09:53:04 Post No.1103757 [Report]
Short term anybody who thinks they know what oil is going to do is guessing. Long term it's probably not a bad investment but not something I'd be looking at right now. Why don't you give us the ticker so I'd have a better idea.
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