Long EGY at 6.25 (oversold)It's been a minute, but with the big sell-off I didn't want to spread my capital too thin, and then with the sharp rise subsequently it's hard to find a decent stock that isn't overbought now. Plus with energy not being as correlated to everything else I'm holding, it helps diversify.
Will continue to add lots as long as it is oversold and sell each when it becomes both overbought and profitable. BONUS (though not factored into the trade profit calculations): it's going ex-div on its 1% per quarter dividend Friday.
