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View Full Version : How to make money off low oil prices


Pat Babaz
01-22-2015, 03:41 PM
I noticed a lot of energy company's stocks are taking hits with these low oil prices, some more than others. What would be some good stocks to buy now that are going to get real low but still be able to weather the storm and come back up again when this is over?

redaddiction
01-22-2015, 07:22 PM
Here are some I'm watching that are down 60-80% right now. Some of these could quadruple and still not be back to half of their high's just 6-7 months ago. But it's all a matter of picking the ones that will survive as you say.

REXX, GDP, SDRL, RIG, PVA, BAS.

Pat Babaz
01-22-2015, 08:43 PM
Here are some I'm watching that are down 60-80% right now. Some of these could quadruple and still not be back to half of their high's just 6-7 months ago. But it's all a matter of picking the ones that will survive as you say.

REXX, GDP, SDRL, RIG, PVA, BAS.


Thanks!! I just saw your earlier thread on energy stocks, guess mines kinda redundant :spineyes:

alphaman
01-22-2015, 09:30 PM
I'm looking to buying some stock myself. I'm a first timer. I have a friend that had been coaching me for a while.

redaddiction
01-22-2015, 09:51 PM
Thanks!! I just saw your earlier thread on energy stocks, guess mines kinda redundant :spineyes:



No, It's not redundant because no one answered my question about what stocks they liked. LOL I'm still wondering myself what others like.

jlincecum
01-23-2015, 07:31 AM
sdrl is high on my list

tojoe
01-23-2015, 05:39 PM
No one for EXXI?????

redaddiction
01-23-2015, 06:24 PM
No one for EXXI?????


Yeah that one too. But man, it's how to know which of these smaller companies won't go bankrupt after you buy your shares. Lot's of upside, but lots of risk also. EXXI has a lot of debt on the books.

Armand16
01-24-2015, 01:39 AM
I'd stick with the blue chip energy stocks or preferably an energy index ETF. I'll post the ticker of one Monday when I'm back in the office.

"W"
01-24-2015, 08:50 AM
Apple been banging it up for me !!
And HYH also

swampman46
01-24-2015, 04:22 PM
Apple been banging it up for me !!
And HYH also

I also bought AAPL @ 92 and 94, saw it run up to 119, now it fell back a bit. I'm definately long on Apple. Not worried about this one.

redaddiction
01-24-2015, 05:56 PM
Apple been banging it up for me !!
And HYH also


I didn't know Apple got into the oil drilling business! LOL

"W"
01-24-2015, 07:38 PM
I didn't know Apple got into the oil drilling business! LOL

Drilling peoples pocket books for phones !!

redaddiction
01-24-2015, 08:13 PM
Drilling peoples pocket books for phones !!


Got that right! I'm still using my old cracked iphone 4. Too much cheddar for a new one!!

tojoe
02-06-2015, 01:54 PM
Guys just wondering if you think we found the bottom yet?