Question #1: Graham from Massachusetts is currently finishing up his thesis on Ultra Petroleum Corp (UPL) and wants to know how the company’s stock price will react, if UPL gainsapproval for winter drilling? (Currently winter drilling is restricted by the Wyoming Oil and Gas Conservation Commission.)
Eric Bolling says winter drilling will help UPL, but he prefers Devon Energy (DVN).
Question #2: Harold from California wants to know about Apple Inc. (AAPL). He notices that AAPL’s stock price has fallen in recent days, and wonders if he should he buy this dip, ahead of the iPhone release?