Official Let's Make Some Money Off Stocks Thread
#2501
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bp is gonna get to 55 in no time.
on a side note. CSIQ is my goldmine
bought it at 9.37 on margin in june. now its at 13.07 and climbing to; my educated guess would be 18 but getting out at 15.
on a side note. CSIQ is my goldmine
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#2504
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Originally Posted by Saki GT,Jul 15 2010, 01:03 PM
People will quickly forget about BP and it will normalize back around $60-70 imo. Lawsuits and cleanup costs won't have much effect imo.
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#2505
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bought BP at 30 and sold at 37.75, taking my profit and running. There are other opportunities to be had, and better stocks to be purchased.
BP has to deal with killing the well, lawsuits from industries effected by the oil spill (not to mention people getting sick from the oil), and stricter drilling standards (possible drilling offshore ban) which effects the whole oil industry.
It will take a LONG time for BP to reach the 60-70 per share mark (my opinion)
BP has to deal with killing the well, lawsuits from industries effected by the oil spill (not to mention people getting sick from the oil), and stricter drilling standards (possible drilling offshore ban) which effects the whole oil industry.
It will take a LONG time for BP to reach the 60-70 per share mark (my opinion)
#2507
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Yes, XOM is a buy. I bought that in the 56-57 range. I believe we will see higher oil prices as the economy ramps upv= win for oil companies. Plus XOM stopped being the bad guy, as politicians used to cite the salaries of exxon CEO's in a target against big oil. Now BP is the bad guy.
#2508
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I suck at picking stocks.
I don't have a lot invested so it's fun to play with. Two years ago I bought 100 shares of GU at $3.40 and 100 shares of MTSXY at $.56. All because I saw Metal Storm on Discovery.
Just sold at $.77 and $.20 respectively. Lost about $350. Took the $100 I had left and picked up some CGC thanks to someone's advice on here. Gold seems like a good idea. Hope I don't jinx it.
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#2510
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Originally Posted by Saki GT,Jul 15 2010, 01:03 PM
People will quickly forget about BP and it will normalize back around $60-70 imo. Lawsuits and cleanup costs won't have much effect imo.