Below 9 on a 1st tier buy but may not get there today as the price has drifted away from the lows. No hurry if there is a Friday sell off and oil should be down. No chasing by this trader
I missed my buy yesterday by 7 cents Can't catch-em all but will wait patiently for the price to come to me
I got filled on what I call a foot in the door trade at 9.18...Bigger money set on a bigger drop if we should get it
It pays to let the price come to you. I was at a slight disadvantage trading mostly on my cell but on a 2 tier buy I am only down .54%. This is 20% of the dedicated funds for WPX
With oil and the markets down, WPX is up the sign of a strong stock. I was ready to buy more shares on a bigger drop but not the case at least right now
Here is why WPX is soaring today even with oil down WPX Energy (WPX) Stock Up, Goldman Upgrades NEW YORK (TheStreet) -- Shares of WPX Energy (WPX) are up 4.86% to $9.49 in early afternoon trading as the company was upgraded this morning to "buy" from "neutral" at Goldman Sachs. Additionally, the firm raised their price target to $14.75 from $10.50. The rating and price increase for WPX is a result of the Tulsa, OK-based petroleum and natural gas exploration company's "peer-leading, debt-adjusted oil production growth profile," according to the analyst note. The upgrade also follows the energy company's recapitalization and strategic re-positioning. "We believe investors who were previously hesitant, mainly due to financial leverage concerns will likely revisit the stock as the market recognizes materially undervalued medium-term oil production growth opportunities," the firm noted. WPX's recent $0.5 billion equity issuance should also increase investor confidence, Goldman said. The firm expects WPX to see 29% oil production growth at least through 2018 https://www.thestreet.com/story/136...-goldman-upgrades.html?puc=yahoo&cm_ven=YAHOO
have you noticed that afte rteh closed big blocks gone trough at 9.51>> 2615958 + 179500+120000 (IMO TTT buying some ) one red (sold)126200 (BTW got in SID)
That's good to hear Ciao. I will be adding to my position, either on a pull back or a average up as now I have a little leverage.
Followed you on this one yesterday at $9.04, sitting with 5.20% profit so far. @Tiptopptrader is a wizard.
WPX dropping with Oil and the market. I added to my position at $9.10 and have a order in for $8.90 subject to change
I got a little lucky on on my 9.10 buy as the Dow started coming off the lows about that time. I am now 50% loaded waiting for a move in either direction. A oil bounce off the the $45 level is needed to move back up,
nicely done TTT .... I was away to take such decision ... IMO if it hold there tomorrow could go over 9.50/60 but well see clearer tomorrow good night
For those of you that did not follow this thread early on, WPX is profitable when oil is over $40. Right now oil is at the bottom of the trading channel at the $45 level. If oil moves back to the $50 level you can expect WPX to break $11 on the way to $14 when oil breaks the $50 resistance 4 Oil and Gas Investment Ideas for the Long Haul Which companies could ride the wave of improving commodity prices with meaningful growth? Haas' favorite names include Callon Petroleum (CPE) , Matador Resources (MTDR) , Synergy Resources (SYRG) and WPX Energy (WPX) https://www.thestreet.com/story/136...for-the-long-haul.html?puc=yahoo&cm_ven=YAHOO
Nice week for WPX and now I am 75% loaded. I will set my exit between 11 and 11.50 and will fine tune the price as it nears.
