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Credit Suisse
Posted: Wed Jul 22, 2015 9:01 am
by setliff
initiates coverage with an outperform on PE, EOG, and CRZO
Re: Credit Suisse
Posted: Wed Jul 22, 2015 10:21 am
by dan_s
PE is a strong candidate to move into the Sweet 16. You can find our recent profile on the company under the EPG website, under the Small-Cap tab.
Re: Credit Suisse
Posted: Wed Jul 22, 2015 2:55 pm
by jb2257
I don't think I can jump into any of these until I see that oil price stabilize. I'd rather be a little late than too early. These are all falling knives right now.
Re: Credit Suisse
Posted: Wed Jul 22, 2015 3:15 pm
by dan_s
Just like you, there is a lot of money sitting on the sidelines waiting to jump into the energy stocks. This is EXACTLY how it played out in 2009.
A couple high profile takeovers would "light this candle".
In mid-2009 there were three tests of the low for crude oil prices before the serious rebound back to the trend line. I believe this is the 3rd test of the low this cycle.