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Strategic Oil and Gas Ltd SOGFF

Energy Oil & Gas E&P
Strategic Oil & Gas Ltd is engaged in exploration and development of petroleum and natural gas reserves. The major area of focus is in Western Canada and the Western United States. The company has interests in Marlowe area and operates gas plants and oil batteries. The firm also engages in operating and maintaining roads.


GREY:SOGFF - Post by User

Strategic Oil and Gas Ltd
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Comment by audigger13321on Dec 12, 2014 4:25am
941 Views
Post# 23222593

RE:RE:Insiders Stil Buying..

RE:RE:Insiders Stil Buying..Yes, insiders are still buying. Thomas Claugus, between Dec. 9 and 10 bought 1,740,500 shares, (for his fund, I assume) so must be still optimistic. At these prices, unless one thinks the company will belly up, longs will be more rewarded than the shorts, IMHO. I added yesterday to my substantial stash in order to lower my average. Personally, I think this swoon in oil prices has more to do with USA/Saudi Arabia, hurting Putin, rather than oversupply; but time will tell. I have heard on one of the business shows, that some Hedge Funds are thinking about going long, but I have been investing for a long time, and take all such talk with a grain of salt. This is just personal observation, and not buying advice. Audi.
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