03-13-2015, 02:28 PM
With four more months on the books, has everyone's opinions changed or remained the same? Are you still buying, have you already bought, or are you still waiting for further weakness?
Personally, I am starting to think that this could be a protracted downturn in oil that could last at least into 2016 if not 2017. I am looking for further drops in stock prices once 2015Q1 reports come out (which I think will show us just how badly the price drops are hurting profits) for the various oil companies before I consider further energy purchases.
Personally, I am starting to think that this could be a protracted downturn in oil that could last at least into 2016 if not 2017. I am looking for further drops in stock prices once 2015Q1 reports come out (which I think will show us just how badly the price drops are hurting profits) for the various oil companies before I consider further energy purchases.