I know the stock has been beaten down dramatically to very very cheap levels. I am looking at buying this company now before the summer oil prices hit. But I wanted to know if you think oil prices will be surging anytime soon. Please let me know your opinion I’m purchasing this company.
I do not suggest you enter it. There are far more fundamentally sound oil stocks to enter. We’ve got two great ones in our Logical Investor portfolio found in the Members Area tab at the bottom of the monthly newsletter. That’s where you’ll find our portfolio and oil stocks.