Post by
PlutusofCrete on Jan 30, 2024 10:21am
Goodbye for now
Team - I have exited my position in BIR. Perserving the gains so that it can be deployed later.
Looking to enter BIR again in the fall. Good luck to all the friends I have made on this board.
I will be back! :)
Comment by
PlutusofCrete on Jan 30, 2024 11:13am
I will be back Oldnagger :) I truly believe in BIR. Just had to exit for now for the sake of my marriage. Hoping to buy back in after the summer.
Comment by
GuidoSan1 on Feb 02, 2024 11:26am
Wow, preach that concept to the uninformed investors that bought this stock at 11 and 12 bucks and held, It will take years again just to have a shot at getting to even again, however it is BIR so the likelyhood remains weak at best given the penchant for dumb moves.
Comment by
PlutusofCrete on Feb 02, 2024 3:47pm
Hopefully they can avg down in the mid or low $4 range? I spent so much time and money avging down between 2017-2020. Wish I followed you Guido when you exited but I learn more every trade I make. I will be coming back to BIR to ride the next wave. Watching from the sidelines.
Comment by
AboveBoard on Feb 02, 2024 9:21pm
Note,how,"stockhouse" reputation diminishes upon being correct. 2024 will get very interesting both in the markets and USA/world events. All the best.
Comment by
barneyj44 on Jan 30, 2024 11:45am
Good luck Plutus, if your staying with the Oil and Gas sector you may want to look at Whitecap 8.5% dividend yield and secure to $55 oil, Baytex or Crescent Point, all beaten up and in my humble opinion good sound companies
Comment by
PlutusofCrete on Jan 30, 2024 6:35pm
Thanks Barney and Oldnagger - planning to go with HISA ETF CASH.to for a few months with a 5% yield and then buy back into BIR in the mid to low$4 range...I suspect we will get there over the summer months.