August 2, 2010, 10:00 a.m.
For investors:
Price of oil breaks through $80.
Natural gas right around the $5.00 mark.
MDU is starting to move, along with the rest of the market.
I don't hold MDU but I used to and I follow it closely. If natural gas breaks through $5.00 and sustains above that level, MDU should do very, very well.
I bought $5000 worth of Oasis when it went public.
ReplyDelete6 weeks later it is now worth $5950---Also purchased shares of MDU--Good to buy the Bakken
I did not buy Oasis, and probably missed an opportunity; I'm just stretched so thin on capital invested elsewhere. I am thrilled that you did well.
ReplyDeleteI was out and about all day today, but it gave me time to think. I thought it would be interesting to post thoughts about a "diversified" portfolio of companies in the Bakken. Oasis would be included.
MDU will be a longer-term buy/return but it balances the more speculative stocks in one's portfolio.