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Joseph Poma profile image TheChartist

Joseph Poma

$0.81
10/05/08
$1,199,349.26

3
10/06/08
18.2%
19.9%
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Stock Pick by Joseph Poma

XTO: Oil prices set to rebound

Start trading XTO with real money!

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Posted 270 days ago on 2/24/09

XTO will go UP
$40.00 on 5/24/09
$41.11 (29.81% from time of market call)

With Oil plunging from the 140+ highs of the summer, who isn't celebrating! However this $38 level will not hold much longer. OPEC is announcing cuts in production (which is more of a threat), and now that hedge funds have satisfied their redemption calls, look for the hedging to once again begin in the oil sector. XTO will be one of the leaders in the pack with the rebound in oil. If your tentative to put your real funds into the common stock, definitely look towards the XTO March 40 Call Options. Currently priced at $10/option! Great pricing opportunity and an excellent way to leverage your cash!

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