Dan Dicker, energy contributor at TheStreet, talks with Stephanie Link about the trade opportunities for people willing to dive into a very volatile oil market. While Dicker believes it is a very dangerous game to try and call a bottom, it can also be very tempting. Dicker points out three strategies: Buying beaten down, high Beta shale players with bankruptcy risk; Buying stronger E+P players that are positioned to survive a long period of depressed oil prices and finally buying the ‘vultures’ who are looking to buy oil assets for pennies on the dollar.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
