RE: RE: RE: RE: Dramatic reversal on the fundament I like that"this is my winner".I'm in the same boat and that's why I am reluctant to sell.Many loosers but thankfully one big winner,MMT.I'm sure some if you are wondering why I don't just sell if I'm rather negative.A few reasons.
1-I am still optimistic things will work out but I don't like the lack of NR and updates.Some people seem to be privy to info ahead of joe sixpack which sadly is normal but we really are starved for info.There are lots of questions to be addressed and we simply aren't geting any support on that front.
2-even if we stayed flat it is still worth holding just for the divy.Problem now is whether the divy is even sustainable.Has anyone even determined if we are still gonna get paid for undelivered oil under the FM claim?
3-and the biggest reason I am hesitant to sell is because it is a winner and will therefore have tax consequences.Some of it I could be offset with losses but not all.I haven't figured it out yet and it's changing daily.I do want to be a long term holder but if I sell and then buy back in after the smoke clears,I will take a big hit at year end for taxes,dramatically diminishing my return.Yet again,nothing is ever easy.
Sorry if I offend anyone here.Not my intention at all.I like to read useful things so i try to make my posts useful as well.Not sure if I succeed or not but I don't see the point in bashing or pumping or just criticising one another for expressing our thoughts.
Markets open in about 9 hrs.Guess we're gonna find out how things are being precieved soon enough.Sure would be nice to have a pleasant week unlike the last few.
GL guys(and gals if there are any)