Energy Stocks

[Armand16]

Originally Posted by redaddiction

I agree somewhat. But the problem is that since there was a boom the last few years, a bunch of companies went into massive debt borrowing money to drill more wells and rapidly expand. Not it's going to bite them in the azz if they can't make their debt obligations. Smaller companies may get bought out cheap by a bigger company or they may just go bankrupt possibly. The next couple months will be scary for some.

Have you been purchasing any put options?

[redaddiction]

Originally Posted by Armand16

Have you been purchasing any put options?

No, that's all above my head. Just buying stocks only. I think prices are already pretty discounted and bottomed out mostly. But I say that with a slight uneasiness.