RE:Blessed not to have been in this nightmare storeybossu wrote: Not even an ''odyssey'' to compare with ALA srorey 3 years ago where I made a ''huge'' profit in enduring
.But this time ,I'm not ready to wait because of my'' short horizon '' on the overall market because of my age.
What I'm doing now, is ''investing ''in a nat gas mid size '' producer that is just going to announce a big dividend increase!
I told you before of my investment position and let you discover where I have a $ 100 K position and probably add next week and sell early February !
Of course I already have made a pretty good profit in 2021/2022 so far but still beleive in the storey.
Have fun with this ailing company (AQN) with 675 000 000 issued shares , huge debt and ready to buy another big entity wiih and additional debt in the deal !
Completely insane situation !
Have fun
Esmeralda is loving you !
So, I'm guessing it's either TOU, BIR, or ARX...?
If the dividend increase you speak of has already been announced by the company as about to occur, then it's likley already baked into the current share price, so I doubt you'll get a big pop when the dividend is actually implemented. O&G E&P companies had a big run in 2022. Looks like you are trying to squeeze a few more drops out of the sector. It's possible you will succeed, but the big money has already been made IMO. Also, beware of a recession in 2023, which I doubt will be positive for O&G E&P names.