Re: Best deal you scored this shopping season.
I didn’t hear about the latest split within OPEC. They always had their ups and downs.
Start of this week I felt the valuations on big oil were getting attractive. As a value investor I hope oil goes to 30. That would be the time to buy.
Unfortunately in the last two days oil stocks have rallied circa 5 pct.
2002.i think crude was 32 dollars a barrrel. Great time to buy the big guys then.
Some of the pure e and p cos have dangerous balance sheet. If bp reaches 30, I am not asking any questions. Just buy.
Of.course these morons like exxon wasted money buying back stock at high prices. That should bite their buttisimo