I wrote about XTO Energy on July 25th, 2008. John Najarian came on CNBC in the morning talking about how big money was flowing into options by the way of calls.
On August 13th, 2008- John Najarian again mentioned this over the past two days XTO call buying was up huge.
Is it time to buy XTO Energy? If you think Oil is done going down, then Yes! XTO is a hyper stock mover and the stock moves a lot bigger then the commodity itself. This can set you up for huge gains if you are right! I would suggest scaling in over time.....buying little pieces here and there.
I thought Oil bottomed yesterday but today we plunged again but has come back to $115. The USO has been beaten up severely. Personally, I love XTO below the $44 mark. I will be buying heavily if XTO goes below this. I also like Chesapeake Energy CHK as well.
Showing posts with label xto. Show all posts
Showing posts with label xto. Show all posts
Thursday, August 14, 2008
Friday, July 25, 2008
XTO Energy XTO - John Najarian CNBC - Shale
John Najarian has come on CNBC this morning and states that yesterday XTO has seen very active call buying and institutional buying the last couple days.
He stated the last time XTO Energy was this low....crude oil was in the $70's. He said if you want to play crude in a stock...this is the way to do it...usually it moves 2-1 higher or lower.
He also stated that XTO has been active in the Shale Plays which we already know!
XTO is active in the Following Shale Plays
Bakken Shale
Haynesville Shale
Marcellus Shale
Barnett Shale
He stated the last time XTO Energy was this low....crude oil was in the $70's. He said if you want to play crude in a stock...this is the way to do it...usually it moves 2-1 higher or lower.
He also stated that XTO has been active in the Shale Plays which we already know!
XTO is active in the Following Shale Plays
Bakken Shale
Haynesville Shale
Marcellus Shale
Barnett Shale
Thursday, July 24, 2008
XTO Energy - Chesapeake Energy CHK Stocks
Ok, so yesterday I wrote about how I went long on CHK and XTO....turns out I was 24 hours to early on a 10 day bear raid. I managed to add to my positions this morning. I feel money will soon be rotating back into Oil and Natural Gas as markets do not go straight down without a bounce or at least a short covering rally. I'm not sure who was selling below $47 but that is incredible how these stocks got so low.
Someone could pay $55 a share for each company on a buyout and get exposure to all the major shale plays in the United States. For only 26 Billion each. This stocks to me are very undervalued now.
If you think Natural Gas prices are going to $6-7 then you probably don't want to buy these two stocks.
Someone could pay $55 a share for each company on a buyout and get exposure to all the major shale plays in the United States. For only 26 Billion each. This stocks to me are very undervalued now.
If you think Natural Gas prices are going to $6-7 then you probably don't want to buy these two stocks.
Wednesday, July 23, 2008
XTO Energy - Chesapeake Energy CHK
Went long on both stocks this morning.....target $55-$58 in the coming weeks....it all depends on Natural Gas right now...so I'm picking a short term bottom but it could fall further possibly to $9.
I will add on these two below $50 each.
I will add on these two below $50 each.
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