Enterprise Group Inc T.E

Crude oil price dropped quite significantly

[jcw604]

checking oilprice.com. It is at $75.xx instead of $80+. This is very significant drop. Is this short term or long term? After so much money has been printed, ir is likely to be short term, but only God knows.

[jcw604]

oil price rose. I just hope that this puppy will eventually follow the other oil stocks to go higher.

[Stuckinsand]

"Hope" and "faith", yes those are both reliable investment strategies. I have some doubt if Warren Buffet and other successful investors use them on a regular basis.

[jcw604]

Very true. So far I have not been able to figure out something consistent. It seems to me that the stock market is more dictated by hypes than fundamentals. Enterprise Group is one of my best return investment and the only thing I can attribute to its success is the picking of a completely beaten down sector, where most of its peers are loosing money and actually, quite a lot of grace from God

[Stuckinsand]

Hype may influence stucks in the short term, fundamentals always filter out the chaffe over the long term.

[jcw604]

It is crowded with all these noise. I need to be able to filter them out, but very hard.

[jcw604]

You see, it is the change of fundamentals that matters the most. For example, for a commodity related stock, the commodity price always changes. Also, in the case of Enterprise, there is a potential change of management from the corporate parasites to the smart Nilsson, you cannot why until it materialize to get into the ride.