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Any idea's What oil stock Cramer was talking about????????
Any idea's on which oil company Cramer was trying to tell us not buy? I keep searching for a oil company/utility under $5.00 but nothing comes up in msn money, I am interested in seeing a really bad balance sheet so I can start to compare the good ones.
hope someone taped the show.. he talked about it at 645... thanks
Kim
Possibly Miller Petroleum?
http://finance.yahoo.com/q/pr?s=MILL.OB
http://www.millerpetroleum.com/
I think it was OXY, he mentioned it during the lightening round.
Yes - OXY - he bought it for his trust thingie today.
It's oversold, in the near term at least, but it'll probably take another big hit this month. If I was you I'd wait a couple of weeks.
Oh sorry - it wasn't OXY - I'm watching the show taped. No idea what he was talking about! Sounds bad though! I doubt CHK will buy them with that description!
