RE:Analyst CommentYou trust him??? Jut look at his past recommendations , I mean , the last few years picks from him. It's disastrous. Even he is confused now. Today, you can close your eyes and pick any mid cap energy stocks, 99% of the time you can be a winner in 5 years time.
Yes, Eric said PAREX is a good stock, he just pick up some recently. Very funny, even Tom & Jerry know PRX is an excellent company. PRX ,Never in his top pick. Next time, just short all his top picks. Then again, how much lower can MEG, BTE go. And believe me, next 12 months, when oil is back to $70.0 , he is going to look like a hero. Then you check again, the rest of the OIl & Gas stocks all will follow. Time will come for O & G stocks to pick up again. It's just too bad we are in a situation when everybody lose confident to the energy sector.
The last person you want to listen is the analyst. Most of them are copy cats. Do you own DD and trust your own gut feeling. Just my opinion.