$PEAK - tax loss selling - $PEAK - InvestorVillage


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Msg  62152 of 62356  at  12/2/2022 6:26:35 PM  by

The Red

The following message was updated on 12/2/2022 6:29:06 PM.

 In response to msg 62145 by  Dave4444
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Re: tax loss selling

  
 RECO.   Man oh Man, Dave, I admire your agnosticism and strategic discipline but at this point I personally could not imagine going long on RECO though I have been watching the strong bounce backs after sell-offs.
 
Eco (Atlantic) on the other hand strikes me as both a decent trader and OK holder if one screws up and fails to sell out in the heat.  It has assets in popular offshores basins, some geographic diversification, good partners and a decent track record of raising capital. 
 
Africa Energy (AFE.v) is another option that has sold off but I have not looked at carefully enough.
 
In the Africa offshore space, Africa Oil (AOI.to) is the conservative bet but I don't see it providing a sexy tax loss opportunity.
 
Near term, I reckon both CGX Energy and Frontera Energy have more potential upside.  Wei-1 will get drilled even if the Noble Discoverer has been detained by Shell offshore T&T. 
 


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Msg # Subject Author Recs Date Posted
62153 Re: tax loss selling makemoneyinoilandgas 1 12/2/2022 6:42:46 PM




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