is now the time to invest in oil stocks?
I am thinking of investing in oil stocks. But with oil's big drop, i am afraid that big names like suncor, canadian natural resources, canadian oil sands might go bankrupt and my investment worthless....
Dec 1st, 2014 12:54 pm
Dec 1st, 2014 1:19 pm
Dec 1st, 2014 1:23 pm
Dec 1st, 2014 1:33 pm
They probably won't go bankrupt. Case in example....theredstar wrote: ↑I am thinking of investing in oil stocks. But with oil's big drop, i am afraid that big names like suncor, canadian natural resources, canadian oil sands might go bankrupt and my investment worthless....
Dec 1st, 2014 1:40 pm
Dec 1st, 2014 1:43 pm
Good one, this isn't serious, tell me a novice investor doesn't even believe this. It's a wonder some people ever invest in the stock markets.theredstar wrote: ↑I am thinking of investing in oil stocks. But with oil's big drop, i am afraid that big names like suncor, canadian natural resources, canadian oil sands might go bankrupt and my investment worthless....
Dec 1st, 2014 1:50 pm
Dec 1st, 2014 1:59 pm
Dec 1st, 2014 1:59 pm
Dec 1st, 2014 2:09 pm
Dec 1st, 2014 2:15 pm
Dec 1st, 2014 11:14 pm
Worst advice I've heard...at least in the short term being 6 months out. Airlines have not fully priced in the oil drop and will likely continue their ascent due to momentum and seasonal trading. Best time to short airlines is probably after January. As for oil I'm not gonna say it's a bad time to buy but I think it's prudent to wait it out since it's not like oil is gonna spring back to $80 a barrel anytime soon. We have a glut of oil that will take months to clear out while oil growth will continue due to capital expenditures made already. The way I see it, oil's upside at the moment is maybe $5 while the downside could be another $30.
Dec 1st, 2014 11:27 pm
Dec 1st, 2014 11:35 pm
Dec 2nd, 2014 12:38 am
Dec 2nd, 2014 2:21 am
Dec 2nd, 2014 9:24 am
Dec 2nd, 2014 11:47 am
You're backing this statement by...?SheaButters wrote: ↑SGY is next in line to cut their dividend
Dec 2nd, 2014 12:08 pm
Dec 2nd, 2014 12:48 pm