Quote:
Originally Posted by
Tellafriend
wrong thread I know, but 1Step's post made me: been thinking about buying some MGM when it goes back under 10, but the more I think about it, I really don't know that casinos will spring back to life, at least for a long while. they are worse in my mind that damn cruise ships for spreading germs. who's bringing a convention to town anytime soon? got to wonder if MGM was smart enough to put some clauses in their leases force majeure ? if so, Blackstone is cooked.
Oil stocks like apa will be where it's at when this is all over. It has great potential because it's stock price is more tied to the world price than most as I've explained before. When the world price returns to more normal, which it will, all oil stocks will go up but more so with apa.
I've put in a standing order to buy if it hits $3.50. It was almost there then popped up over $5. I may have to revise that to $4. All prices are USD.