RE:RE:RE:RE:Next Monday & week ahead.... Waiting for what? My cost is in the mid $8 range lol. I'm up well in the green. Haven't sold a single share and not planning on selling anytime soon. I'd love to add more but it keeps going up lol. I'm OK with that. How about you??
whoLuLu wrote: still waiting ??
stockmarket1 wrote: Yes, I agree Nava. For sure I can see a decent pull back next week. Even if it take us below $11 ....I would only see that as a major buying opprotunity.
What you said and November earnings should be a lot better. So....it's a recipe for a much higher share price as we go into December.
navajojoe wrote: stockmarket1 wrote: Past 2 weeks have been outstanding for VET and the sector itself. That said... With the upcoming opec meeting, any bets this sector as a whole will pull back next week? You think a lot of profit taking will occur? Gotta admit... We've had some really large gains here. . For thoughts and comments....
If OPEC hints that they might start pumping more oil, I don't see how we wouldn't see the traders taking profits. Both the oil futures and individual stocks have had big runs, lots of paper profit there.
But the basic problem of a shortage of energy of all kinds doesn't look like it will be resolved any time soon, and winter is coming. If there is a pullback, I don't see how it can be sustained. All we need is some other disruption in supply, and the roof could get blown off.
I have trimmed a few shares in some energy stocks lately, simply because I was insanely over-weight in the sector, but I haven't touched a single share of VET, and have no intention of selling any time soon. JMO