The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
6 pts

Opinion on  Exxon Mobil Corp (XOM)     Sector: Energy  >  Industry: Oil & Gas - Integrated
Oil may be overvalued

Mar 12, 2008 02:19 AM GMT
Return Risk
+14.08% MID
Analyst

I am starting to suspect that oil is overvalued. It seems like the speculators are dumping their money in commodities because the US stock market is doing badly. While oil could definitely hit $150, or even $200, there is a substantial risk that oil will fall. Don't count on this rally - Exxon shares are no longer a good buying opportunity, but hold them if you have them.

XOM:  This call was made on 03/12/08 @ $86.61
Rating:   Neutral/Hold   $86.61 (03/12/08)
Gain/Loss:   -5.38% in 1538 days


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 21.10 +34.36% 531
2 Gerald Greene 18.14 +36.28% 286
3 stockmarketfunding.com 17.66 +23.07% 83
4 akiralegrand 13.47 +13.37% 69
5 anup2104 12.13 +132.16% 102


POPULAR STOCKS
Symbol Company Name Sentiment
GOOG Google Inc
PG The Procter & Gamble Company
JNJ Johnson & Johnson
CAT Caterpillar Inc
HPQ HewlettPackard Company
BA The Boeing Company

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Exxon Mobil Corp (XOM)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
72.5%
Top:
38.0%




Latest Picks by andrewpmk
Symbol SP Sentiment Rating Return Since
MSFT Negative -1.08% 02/16/08
GOOG Positive +13.93% 02/16/08
GM Positive -19.08% 02/16/08
DELL Positive -37.92% 01/31/08
INTC Positive +21.64% 01/31/08

View All >
   
andrewpmk previously rated XOM
Positive +0.10% Bullish on XOM ...
02/16/2008
1





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch