Trade Of The Year - Page 2

jws43yale · 02-21-2012, 01:09 PM

Quote:

Originally Posted by Justin_Bobby

Aubrey has clearly stated some assets that were bought much lower will be sold to improve the balance sheet.

Aubrey also lost a couple billion dollar buying his own stock on margin a few years ago: http://newsok.com/market-slide-wipes...rticle/3310107.

My Dad is in the oil and gas business and sold a Company to them 6 or 7 years ago. He will be a bidder on their Permian assets and has said that even with those sales they could have significant issues if gas stays where it is through the summer.

Justin_Bobby · 02-22-2012, 10:40 PM

Quote:

Originally Posted by jws43yale

Aubrey also lost a couple billion dollar buying his own stock on margin a few years ago: http://newsok.com/market-slide-wipes...rticle/3310107.

CEO thinking his company is so undervalued he bet the farm is ok with me.

My Dad is in the oil and gas business and sold a Company to them 6 or 7 years ago. He will be a bidder on their Permian assets and has said that even with those sales they could have significant issues if gas stays where it is through the summer.

CEO thinking his company is so undervalued he bet the farm is ok with me.

Your dad is right. Aubrey has turned them into an oil business though.

Justin_Bobby · 03-16-2012, 02:45 PM

Moving stop up to breakeven....$22.05.

Any of the 2+2ers in on the Trade Of The Year ?

MaliceUW · 03-16-2012, 05:33 PM

lng
clne
wprt
bac

jws43yale · 03-16-2012, 08:07 PM

Quote:

Originally Posted by Justin_Bobby

Moving stop up to breakeven....$22.05.

Any of the 2+2ers in on the Trade Of The Year ?

Pretty sure my AAPL options play (which led to me taking ownership of 200 shares at $418 in January) is going to be significantly better. Natural gas plays are pretty much as bad of an idea as you can have right now.

BestCherryGoose · 03-16-2012, 08:19 PM

Trade of the Year: None

Tjmj90 · 03-16-2012, 09:39 PM

Trade of the Year..... Buying the S&P 500 Index

Strait Cash Homie

wil318466 · 03-17-2012, 09:44 AM

BAC.

Only threw in 4300 dollars at varying prices between 6.90 and 5.44, up 40.37%.

**ahnuld** · 03-17-2012, 09:55 AM

im confused justin bobby, what is this thread?

grando · 03-17-2012, 12:33 PM

equivalent of riverman FREE MONEY

ULOST2AKID · 03-17-2012, 02:58 PM

Quote:

Originally Posted by wil318466

BAC.

Only threw in 4300 dollars at varying prices between 6.90 and 5.44, up 40.37%.

got in a little later but it was my first experience picking a specific stock so it couldn't have went any better so far

PRE · 03-18-2012, 07:34 PM

If they sell permian, theyll be fine from a liquidity standpoint. im somewhat bearish on gas medium term (dont see it going about 4 for a couple of years), so I just don't think it's that cheap at this point.