RJ cuts target price on all oil stocks

[jft310]

[quote='jft310' pid='63414' dateline='1444137166'] Almost a double if they are right .

Not to the people who purchased it at much higher prices over the last 5 years( when targets by Rj, Wayne(( privately)),and other brokerage firms were much higher) .  Some investors are looking for those 150-300 prices that some on this board were chirping about years ago.  Hell, many would take the $125 that Phil would never have accepted 8 years ago.

[/quote

Lot's of ways to lower your cost . Portfolio managers do it everyday ,

[TomCrooz]

[quote='jft310' pid='63414' dateline='1444137166'] Almost a double if they are right .

Not to the people who purchased it at much higher prices over the last 5 years( when targets by Rj, Wayne(( privately)),and other brokerage firms were much higher) .  Some investors are looking for those 150-300 prices that some on this board were chirping about years ago.  Hell, many would take the $125 that Phil would never have accepted 8 years ago.

[/quote

Lot's of ways to lower your cost . Portfolio managers do it everyday ,

What, write calls at levels way below your current avg price( and maybe get called out), write calls at you avg price and make $20 a month for the next 50 years,  average down for the 10th time( money managers know that you shouldn't have all your $$ invested in 1 stock), write puts and maybe have to buy more stock ( see previous) any other great ideas?

[Palm]

You're getting it Croozer. You told me once you have endless cash buried in your back yard. Use it to average down like the rest of us.

[jft310]

You have excellent ideas!! . Another solution if a stock price is cut in half is to buy an equal dollar amount to original purchase which is twice the shares . Get a recovery to your original puchase dollar investment and sell out the highest price shares . Some even use a 3 to one ratio and it gets done quicker . Interoil has recovered to $60 several times making this a solid proven idea .
That way your are not to far over loaded for extended periods . Taxable accounts are easier to not over load than Retirement accounts . The key is to trade part of the volatility .
If your cost is $72 and you own 100 shares buy 200 more at $36 . Do the math it works .

[TomCrooz]

You have excellent ideas!! . Another solution if a stock price is cut in half is to buy an equal dollar amount to original purchase which is twice the shares . Get a recovery to your original puchase dollar investment and sell out the highest price shares . Some even use a 3 to one ratio and it gets done quicker . Interoil has recovered to $60 several times making this a solid proven idea . That way your are not to far over loaded for extended periods . Taxable accounts are easier to not over load than Retirement accounts . The key is to trade part of the volatility . If your cost is $72 and you own 100 shares buy 200 more at $36 . Do the math it works .

So, you are saying if you have $700,000 in 10,000 shares, you should put another million in now and you will guarantee a quick recovery to 60?  I'm in for that lol

[Palm]

Surprised Chandler didn't think of that

[Gator]

I got to get me one of those unlimited money accounts. Always buy, never sell and don't worry about 40% drops because in 2012 2013 2014 2015  2016 we will be very rich.

[jft310]

That came from Stavros

[Palm]

From Stavros?? Where?

Better; since IOC has recovered to $60 several times and is proven, IOC has also then dropped to the $30s several times and is proven. So, buy in the $30s with all you have, then sell when it hits $60. Then short at $60 and cover in $30s. Rinse and repeat. Easy money and IOC can just keep on doing what it has been. Money machine baby!

[Getitrt2]

Surprised Chandler didn't think of that

Palm, I don't often literally laugh out loud at something on this board, but you got one on that!