GREY:WFREF - Post by User
Comment by
retiredcfon Oct 07, 2014 10:05am
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Post# 23005547
RE:RE:Bargain Hunting
RE:RE:Bargain HuntingThanks KC8 - You're right, I'm more of a fundamentalist than a technician. And given the recent selloff in energy stocks, I'm sure that any energy stock you could find would have the same weak technicals. Also catching a falling knife can be dangerous. But IMHO, the selloff has been overdone and eventually a certain level of realism will set in and these stocks will rebound nicely.
Coincidently, Robert Mark (3Macs) just appeared on BNN talking about the energy stocks that he is buying in this enviroment. He's more a fan of NG stocks so his picks were PEY, VET and SU. But lo and behold, before he signed off, he also added a 4th stock that he said was now trading at a ridiculous level..........you guessed it - Long Run Exploration. I will post the link when it becomes available. GLTA