BeaverHunter
WKR
- Joined
- Sep 15, 2018
- Messages
- 1,009
Wasn’t saying cdev isn’t a good company or a good buy. Just more trying to understand why a few of you were so high on it and what you guys look for with stocks. Hopefully I didn’t come across as doubting it or anything like that.Yeah, a guy at another forum said the same thing and some of us here have made great money this last month on oil--MRO, CEQP, APA, OXY.... and that includes CDEV.
That company has an excellent low or no debt sheet for that sector and this crazy market.
It may or may not break up, we'll see. I'm holding long so it really doesn't really matter in the short term.
I'd make the case it will finally weed out the weak hands and short money to help with steady, grinding gains.
I'm weary of the greed plays I see with this stock.
It was $10 a year ago and .25 ten days ago; with its good bones, that's all I need to know.
I’ve always paid attention to the stock market and individual stocks even though I haven’t bought anything outside of my 401k’s. The stock market has always intrigued me. I really wish I had the guts to invest in oil or some oil companies as I think we will laugh at how cheap it is today a year from now.