Use access key #2 to skip to page content.
Skip to main content

Varchild2008 (85.56)

Why is THIS stock in the red? (DPS) ? Quit listening to Varchild

Recs

4

September 23, 2009 – Comments (5) | RELATED TICKERS: DPS

*crud*  I can't be too greedy and selfish here... 

But even though yesterday I said DPS peaked around $28.00 where $28.00 is a pivot point....
That analysis was not structured around the OIL price falling downward through the $69.00 barrier.

If OIL is trending down....that usually means Beverage Sector should go up...waaaay up.
DPS owns 60+% of their bottling business.  Therefore suffers mightily when OIL goes UP.

So therefore...OIL going down???? Why is my stock in the red here Wall Streeters?
I can say DPS peak is $28.00....But that doesn't matter....Oil Down ,,,,,,Beverage up......

I fully expect that what I said yesterday is BUNK..... If OIL breaks through and goes to Mid to Lower 60s.... I think we can add a full BUCK to the DPS share price.

That means this MEGA stock rally should have seen DPS up 15 to 30 cents...not down.

*sigh*  Doesn't matter... Just sayin....I am bullish on my stock's fundamentals if OIL is collapsing!
Cheaper to TRUCK those DRINKS around the country, you know?

5 Comments – Post Your Own

#1) On September 23, 2009 at 3:23 PM, throwerw (28.77) wrote:

what happens to your stock when oil goes to 200 bucks?

Report this comment
#2) On September 23, 2009 at 4:09 PM, Varchild2008 (85.56) wrote:

Beverage Sector will have to *hopefully* adjust ahead of time.

Instead of powering Trucks off OIL/GAS... Switch to something else...and quick....maybe natural gas? 

Of course with former President Bush ballooning the size of the Strategic Petroleum Reserves....as much as he did in 2008...and those reserves will still ENORMOUS before hand....

President Obama could start dispensing the oil to help lower the Gasoline prices back down.

And if our currency is getting devalued as the reason for $200 Oil.... Then I say we hold  CURRENCY BON FIRE and just destroy on Live National T.V.  in front of the Capital Building enough Currency to convince investors worldwide to start VALUING UP the Dollar....Less Supply means more value!

Oh and why not drill offshore?  Why not drill in Anwar?  What are we still messin around for?

Report this comment
#3) On September 23, 2009 at 5:26 PM, DarkToast (32.60) wrote:

I have to rec a post that says "Don't listen to me!"

Report this comment
#4) On September 23, 2009 at 6:48 PM, Varchild2008 (85.56) wrote:

And yet you failed!!!!!  You went and read the post anyhow!

Otherwise how would you know it said "Don't Listen to me?"

Report this comment
#5) On December 31, 2010 at 4:15 AM, HARE90 wrote:

tiffanytiffany jewelleryTiffany coTiffany and coTiffany saleTiffany Storetiffanytiffany and cotiffany cotiffany jewelry

Report this comment

Featured Broker Partners