Friday, August 24, 2007

Investing For $100 Oil

Investing For $100 Oil

Transocean (nyse: RIG - news - people ) also deserves a central place in your positioning for $100 oil. I have raised our buy price to $100 for RIG. Don’t be put off by the $100 per share price. Investing is a matter of percentages. If you buy 100 shares of a $25.00 stock or 25 shares of a $100.00 stock, the investment is the same. If either doubles, you will have doubled you money, regardless of how many shares you buy.

No comments: