RE:RE:hummmI'm all over oils these days. BTE and really looking at TCW. Almost bought today TCW just because of the oversold condition but I like the almost million dollars BTE insiders are putting into their company at the lows. Show me insiders get into the firesale purchase with me and I'll join!
TCW would me my #2.
Didn't buy today but it was really tempting to take short term profits on BTE and diversity into TCW.
No reason to touch penny oils with these larger caps on sale! The only think preventing me is my cash isn't in my trading RRSP and Margin accounts and that's the conservative half of my portfolio that is managed by mutual fund "pros". Right now, 100% in cash. I don't trust pros during bear markets. They are just lemmings with no skin in the game...
Good luck TCW holders! I'd join you if my cash wasn't all tied up. But holding TCW at in the 60 to 80s is a no-brainer!