RE:RE:Buffett expands oil bet, buys more Phillips 66sbaqar1 wrote: Buffet buying sector. This one is so easy. Buffet buying into oil sector. Insiders are buying. Stock is oversold. No Debt. Managed and credit markets are good. The only people here are the short sellers that are forced to buy stocks. Investors, best way to make shorts pay is to drive the price by buying. The run is assured, it's just a question of when. Everyone seems to want in, nobody can agree on price it seems.
are you talking CPI or Philips66?