The jump was for day traders. If you compare the weekly charts for WPL, ORG and STO, you will understand what I mean. They all have a good run in the past 6 months or so. STO may be outperformed slightly, mainly because it was pressed recklessly harder. Do a valuation with OP at 60, and then tell me what 'premium' you get. JPM just upgraded its OP forecast to $60 in 2018 (WTI, I assume). Seems to me that the energy stock rally just starts getting attraction. I am not telling people to buy right now, I just hold my position, hopefully util that magic number.
I still feel the pain to miss the WOR train at $3. I used to work with them, a money machine. At the end, it did not matter because I did catch WHC at $0.38 and NCM at $10.
"WPL is a must have energy stock, STO isn’t (from an institution view)."
Go buy index fund, but do not forget that STO is an ASX 50 company. For a stock picker, I'd rather buy STO at $3 than WPL at $30 a few months ago. People here for long may remember that I actually
bought WPL first. With OP gradually stable, I switches to ORG and then to STO. I am still holding ORG, but STO is my biggest holdings.
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Last
$6.63 |
Change
-0.160(2.36%) |
Mkt cap ! $23.02B |
Open | High | Low | Value | Volume |
$6.84 | $6.84 | $6.61 | $52.46M | 7.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5245 | $7.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.97 | 3043 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 129176 | 6.920 |
6 | 233123 | 6.910 |
9 | 295156 | 6.900 |
11 | 303505 | 6.890 |
4 | 129828 | 6.880 |
Price($) | Vol. | No. |
---|---|---|
6.940 | 107742 | 9 |
6.950 | 424616 | 27 |
6.960 | 247191 | 13 |
6.970 | 73167 | 4 |
6.980 | 17507 | 1 |
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