Comments on: Added to My Portfolio: Growth, Value and Oil http://www.tradingwinner.com/archive/2006/11/04/added-to-my-portfolio-growth-value-oil/ A stock trader's blog Sun, 14 Mar 2010 04:53:29 +0000 http://wordpress.org/?v=2.0.5 by: enhanced http://www.tradingwinner.com/archive/2006/11/04/added-to-my-portfolio-growth-value-oil/#comment-2955 Sun, 05 Nov 2006 00:06:22 +0000 http://www.tradingwinner.com/archive/2006/11/04/added-to-my-portfolio-growth-value-oil/#comment-2955 Hi Ryan, Oil plays do draw a lot of criticism. In my position, I see gas prices going up. Granted as a gasonline consumer I do not want gas and oil prices to rise. I want them to fall. But as an investor in oil and gas services, I want my PXJ shares to go up. I figure gas prices are going to go up. Buying PXJ allows me to recoup some of the losses I spend to fill my car with gas. I see my PXJ investment as putting money back in to my own pocket. I would hope you are more upset at the multinational corporations making the REAL money. Exxon Mobil (Ticker: XOM) posts over $10 billion in profits this quarter, and XOM is poised to report the highest quarterly profits ever in 4Q 2006. Hi Ryan,

Oil plays do draw a lot of criticism.

In my position, I see gas prices going up. Granted as a gasonline consumer I do not want gas and oil prices to rise. I want them to fall.

But as an investor in oil and gas services, I want my PXJ shares to go up.

I figure gas prices are going to go up. Buying PXJ allows me to recoup some of the losses I spend to fill my car with gas. I see my PXJ investment as putting money back in to my own pocket.

I would hope you are more upset at the multinational corporations making the REAL money. Exxon Mobil (Ticker: XOM) posts over $10 billion in profits this quarter, and XOM is poised to report the highest quarterly profits ever in 4Q 2006.

]]> by: Ryan http://www.tradingwinner.com/archive/2006/11/04/added-to-my-portfolio-growth-value-oil/#comment-2925 Sat, 04 Nov 2006 19:58:02 +0000 http://www.tradingwinner.com/archive/2006/11/04/added-to-my-portfolio-growth-value-oil/#comment-2925 After prices just dropped below $2/gal you want them to rise to $4 just so you can profit on stocks?! You have to be kidding me. After prices just dropped below $2/gal you want them to rise to $4 just so you can profit on stocks?! You have to be kidding me.

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