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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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  #1  
Old 01-22-2015, 03:41 PM
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Default How to make money off low oil prices

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?
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Old 01-22-2015, 07:22 PM
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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.
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Old 01-22-2015, 08:43 PM
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Quote:
Originally Posted by redaddiction View Post
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
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Old 01-22-2015, 09:30 PM
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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.
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Old 01-22-2015, 09:51 PM
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Thanks!! I just saw your earlier thread on energy stocks, guess mines kinda redundant


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.
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  #6  
Old 01-23-2015, 07:31 AM
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sdrl is high on my list
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  #7  
Old 01-23-2015, 05:39 PM
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No one for EXXI?????
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Old 01-23-2015, 06:24 PM
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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.

Last edited by redaddiction; 01-23-2015 at 06:36 PM.
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Old 01-24-2015, 01:39 AM
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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.
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  #10  
Old 01-24-2015, 08:50 AM
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Apple been banging it up for me !!
And HYH also
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Old 01-24-2015, 04:22 PM
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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.
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Old 01-24-2015, 05:56 PM
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Apple been banging it up for me !!
And HYH also

I didn't know Apple got into the oil drilling business! LOL
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  #13  
Old 01-24-2015, 07:38 PM
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I didn't know Apple got into the oil drilling business! LOL
Drilling peoples pocket books for phones !!
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  #14  
Old 01-24-2015, 08:13 PM
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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!!
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  #15  
Old 02-06-2015, 01:54 PM
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Guys just wondering if you think we found the bottom yet?
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