2016 Oil Company Investment

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Hello Sajha mitra haru,
I know few of the people here are expert in stock investment.:) I have been looking at few of the stocks which has fallen sharply due to Oil Price reduction. I am looking at DNR, CHK, REXX, BTE, EXXI... But the confusion here is I am unable to find the company with strong financial report. There is high probability of bankruptcy. Does anyone know of few companies with strong financial report. Would like to invest in this volatile environment and take my chances.
Regards
GoneCrazy

bairaghi

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anythiing but oil company. not even worth the gamble

KaliKoPoi

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Put UWTI, if it reaches ~1.00, for around 10% of your portfolio. Sleep for 10 years.
You will either make 100 times more or oh well.....

Kiddo

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Why not USO?

bairaghi

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If you guys are talking about gambling Beer money, that's fine.
If its serious money that will have consequences, its never a good idea to let GREED be your primary factor in decision making process.

bairaghi

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Don't look at the stocks that were high few months back and now came crashing down and PRAY that they will go up. We pray at the temple, not in the stock market.
Do some research and find the unknown newbies that are primed to go up. People who make money are the ones who find gold before anybody else does.

Last edited: 09-Feb-16 12:55 PM

microbiology

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What's your suggestion bairaghi bro where you putting your gold at

raj.pkr

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I like bairaghi bro's suggestion.

GoneCrazy

· Snapshot 240

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Thanks for the suggestions. I think I would like to gamble with 1k-2k for now on the oil market and see.
I am also looking at SQ, FIT, and TEAM.
Let's see how this gamble works.
Also I think the oil price will go below 25 per barrel. Things will be interesting then.
But will again bounce around 40. There can be quick profit from those share.
What does other Sajha mitra think?