12-02-2020, 01:38 PM
(12-02-2020, 01:20 PM)stockguru Wrote:(12-02-2020, 12:19 PM)vbin Wrote: Sold out BP, keeping profit as free units. Have a lot of oil and I am a little skeptical of the moves given year end and too many good news. Any bad news on stimulus can send it in free fall. Sold 2 cron puts.
I think its a bad mistake selling BP here. Its the most punished sector on the planet and fun managers have been buying the last few weeks. Not saying your wrong, but the truth is no one knows where its headed or the market. Its all a gamble. But I just feel like stocks like BP, CVX and XOM have a long way to go up just to get back to fair value. We shall see
That's why your the GURU LOL. BP back to $40 in no time