Any logic to the pop in the gassers today??

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bobs
Posts: 221
Joined: Mon Apr 26, 2010 2:32 pm

Any logic to the pop in the gassers today??

Post by bobs »

TIA
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dan_s
Posts: 37326
Joined: Fri Apr 23, 2010 8:22 am

Re: Any logic to the pop in the gassers today??

Post by dan_s »

The four gassers in the Sweet 16 are grossly oversold, but I don't know why they got so much attention today.

There might just be a whole lot of money on the sidelines eager to move into the sector that is clearly oversold.
Dan Steffens
Energy Prospectus Group
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