Viewing Expert Josef Schachter | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Josef Schachter , President

Schachter Asset Management


Date Signal Chart Symbol Company Opinion Price
2017-09-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Oil a year from now.  It will bottom late in the year and then the question is what the weather will be like.  If we had a cold winter the price of oil can react quite quickly to the upside, as well as Nat Gas.  He thinks tax loss this year will be severe.  Then we get $60 oil by Q3 and $80 in 2020 (WTI).  You would need a major disruption of supply for oil to go higher.  He thinks he will make November buy recommendations.


Price:
$0.020
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
_N/A
2017-09-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Big Oil Companies and Electric Cars.  We need electric cars because we cannot find enough oil otherwise.  Oil will still be used in trucking, rail and so on.  We need a third of the vehicles on the road to be electric.  They are not a competitive threat.


Price:
$0.020
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
_N/A
2017-09-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The case for the bulls: (1) The EIA said in the second quarter demand was stronger than expected; (2) OPEC wants to extend the 1.2 Million barrel a day cut past the end of Q1; (3) The Hurricane has impacted US supply; (4) US production has been flat for 5 months.  But then if you go into the data, he is bearish because of OPEC numbers.  They put in their quota in Q1 2017 as 32.1 Million barrels.  Lybia had a disruption earlier but now have 300,000 more coming on by year end.  Nigeria raised production by 138,000 and are talking about going much higher by year end.  The OPEC numbers are just talk.  We are looking at less demand for oil in North America going into the fall.  Numbers should go up seasonally.  Stocks usually bottom in mid November into December.  He is looking at what happened in ’06 and ’08 to oil and/or oil services stocks.  He suggests that you let the first 10% go to make sure oil stocks are really going up.  He sees a $42 oil price in October and perhaps going down to the $30s later in the year due to inventory builds.


Price:
$0.020
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
_N/A
2017-09-18 WATCH Must be logged in to use chart BXE-T Bellatrix Exploration Ltd.

He likes it.  It is cheap compared to book value.  Oil and Nat Gas.  It is so cheap right now and is very attractive.  The balance sheet is attractive since they knocked debt off it.  He thinks it will be a buy during the tax loss selling time.


Price:
$3.410
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 PAST TOP PICK Must be logged in to use chart CASH CASH

(Top Pick Sep 6/16)  If oil slides this year, buy the high beta oil stocks. 


Price:
$0.010
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Yes
2017-09-18 TOP PICK Must be logged in to use chart CASH CASH

You need some buying power for later in the year.  There will be a lot of buying opportunities.


Price:
$0.010
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Yes
2017-09-18 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

It has a book value of $17 and is trading at half that.  The numbers are compelling but there is a credibility issue with management that has to be rebuilt.  He would hold.  The balance sheet is in good shape.  You could buy when there is tax loss selling between week 2 in November to week 2 in December.


Price:
$9.010
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 DON'T BUY Must be logged in to use chart CVE-T Cenovus Energy

He has problems with them.  It is not a nice balance sheet.  It was a thermal operator and now they are a conventional operator and people will take time to know they are good at both.  It has a couple of dollars downside on it.


Price:
$11.240
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 TOP PICK Must be logged in to use chart ESN-T Essential Energy Services Ltd.

It has rolled over.  It is the largest coil tubing operator.  They have a book value of $1.14 and is trading half that.  It went from 50 cents to 2.18 and is now back down almost to that level.  Over half of the stock is held by institutions.  He will put it on his action buy list in the next couple of months.  (Analysts’ target: $1.05).


Price:
$0.590
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
No
2017-09-18 TOP PICK Must be logged in to use chart GTE-T Gran Tierra Energy Inc.

They are out of favour.  It is trading below proven reserves.  The CEO has a large holding along with a major shareholder.  He thinks it has a lot of upside and you could by it during tax loss selling.  (Analysts’ target: $4.60).


Price:
$2.630
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
No
2017-09-18 DON'T BUY Must be logged in to use chart HSE-T Husky Energy

It was a darling to 2008 and then bottomed in 2016.  The balance sheet has been repaired.  They have a fabulous balance sheet and are trading at a significant discount to book.  The question is growth and they are not showing any volume growth.  People need to see the ability to grow.  The company has not communicated a game plan for growth.


Price:
$14.920
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 WEAK BUY Must be logged in to use chart IMO-T Imperial Oil

Lots of people like to own it because it is a big cap, but they don’t make a lot of money.  It does not have the leverage to the upside like others.  It is a conservative holding, it is stable.  The stock does not reward shareholders very well and he prefers SU-T


Price:
$38.340
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 PAST TOP PICK Must be logged in to use chart PGF-N Powershares Etf

(Top Pick Sep 6/16, Down 60%)  Debt has gone own.  He thinks it will come down because they used to have a fantastic oil hedge book and don’t ay more.  The question now is not survivability but growth.


Price:
$18.940
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
No
2017-09-18 WAIT Must be logged in to use chart POU-T Paramount Resources

They have had a wild record.  Management has done a fantastic job of selling assets.  You want this management backing you in an energy bull market.


Price:
$24.000
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-18 WATCH Must be logged in to use chart QEC-T Questerre Energy

Quebec is moving forward.  They are having fabulous wells.  They have higher net backs because of the lack of need for transportation.  On a little bit of weakness the stock is one to keep an eye on. 


Price:
$1.210
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
Showing 1 to 15 of 1,099 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.