Oil and Gas Stocks

[HawgWild]

Not for the faint of heart.

Buy/Hold/Sell

[userpick]

Just waiting for the right time to buy. It'll go back up...eventually.

[BENTON PIGGEE]

Cramer said the best way to play safely is to buy an integrated oil co. that pays a dividend. Anybody know anything about pipeline MLP's and which ones are safe?

I have CLR which has tanked but I hedged and sold short call spreads on it and the USO etf. So now I guess I am a short-term bear, long-term bull on oil.

[HawgWild]

Have we seen the bottom?

[userpick]

Have we seen the bottom?

No one knows. My prediction is we still haven't seen the worst.

[ricepig]

No one knows. My prediction is we still haven't seen the worst.

Until WTI takes out $55.50/b, we have. However, I'm with you, I don't think we've seen the bottom, probably another $10/b lower.

[CampuspostmanHOG]

Get some BHI if below $57.00 for 10% gain by April....imho.

[Cresthog]

No one knows. My prediction is we still haven't seen the worst.

Many analysts looking at 30-40 before we spike back up?

Iraq, Russia and Africa all talking more production, basically cancelling out Libya's issues..

[userpick]

Many analysts looking at 30-40 before we spike back up?

Iraq, Russia and Africa all talking more production, basically cancelling out Libya's issues..

I've seen analysts say anywhere from 20-40 will be the bottom. I'm going to buy something in oil eventually, just not sure what yet...at the moment, I'm leaning towards Murphy Oil.

[McKdaddy]

I'm averaging down w/ another round of XLE this morning.  Last purchase was on 12/12/14 at $74.86 (lucky buy near the recent low).

I say I'm averaging down, but this is a long-term hold w/ basis at $72.

[BENTON PIGGEE]

WTI is at $51 for an 18% gain since last month. I hear a lot of experts saying this is kind of a dead cat bounce and we won't bottom until reserves start going down and most speculators throw in the towel. Also further out futures need to rise above near dated futures. Production worldwide isn't going down and Europe may be headed for recession and China's slowing. I tend to agree. What do you think and why?