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Howard Mostovy
Is Sanchez Energy and/or Sanchez Prod. Ptrs. worth buying?
Igor Greenwald
Sanchez Productions Partners is the former name of the recommended Sanchez Midstream Partners, so yes it is, though I might stick to the MLPs discussed last week here: https://www.investingdaily.com/income-millionaire/articles/38286/nothing-but-the-best-for-mom/ until sentiment improves at least a little from funereal. Sponsor Sanchez Energy is going to be a crude price play and I think there are better oil plays out there. Maybe try OXY, which has been rumored to be in ExxonMobil’s crosshairs..
Any news on AMID? Up almost 19% on 3x average volume.
Igor Greenwald
I couldn’t find anything at all, and now with the added benefit of a little hindsight, I think it’s fair to attribute it to volatility and illiquidity of a spec play in down-on-its-luck market sector. Three times recent average volume is still not much volume , frankly.
Stock Talk
Howard Mostovy
Is Sanchez Energy and/or Sanchez Prod. Ptrs. worth buying?
Igor Greenwald
Sanchez Productions Partners is the former name of the recommended Sanchez Midstream Partners, so yes it is, though I might stick to the MLPs discussed last week here: https://www.investingdaily.com/income-millionaire/articles/38286/nothing-but-the-best-for-mom/ until sentiment improves at least a little from funereal. Sponsor Sanchez Energy is going to be a crude price play and I think there are better oil plays out there. Maybe try OXY, which has been rumored to be in ExxonMobil’s crosshairs..
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Rich
Any news on AMID? Up almost 19% on 3x average volume.
Igor Greenwald
I couldn’t find anything at all, and now with the added benefit of a little hindsight, I think it’s fair to attribute it to volatility and illiquidity of a spec play in down-on-its-luck market sector. Three times recent average volume is still not much volume , frankly.
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