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I believe a big E nergy discovery will be made soon (alternative energy source) and I want to short some of the oil stocks.

2007-05-22 06:45:08 · 2 answers · asked by HarborOne999999999 1 in Business & Finance Investing

2 answers

what you want is the ones with the greatest leverage in profit relative to the price of the commodity.

Without doing a lot of calculations [which would be a fee for service activity and thus is prohibited here], I suggest that you look at the ones that are just barely profitable in terms of net income per sales dollar.

2007-05-22 06:58:37 · answer #1 · answered by Spock (rhp) 7 · 0 0

oil will only go up in price. as demand is only growing. so Anny oil stock is a winner.

2007-05-22 09:43:32 · answer #2 · answered by hans c 1 · 0 1

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