RE:Great companyLooking back this was pretty good advice at the time. I hope you took it.
Post by
prested on Jan 31, 2023 12:12pm
ARX Vs. VET
I'm under water on both and musing whether to sell ARC and put the proceeds into VET? I'd appreciate any sane advise.
Comment by
Quintessential1on Jan 31, 2023 1:07pm 118 Views
Post# 35257242
RE:ARX Vs. VET
I own both and have for a while. I am not underwater on either and am not selling any of either.
The problem you have is that they are both sitting on lows so they both have upside and about the same amount in my opinion. The only benefit ARX has over VET is it's dividend yield and the only benefit VET has over ARX is it's EU gas exposure. The windfall taxes that VET was subjected to was a kick in the bottom line but it is not only priced in but overblown at this point. VET is going to recover when they release earnings just like ARX is. You might make a little bank trading one for the other but its a coin toss at this point of which one will do better and I expect them both to do well so the only winner might be your broker on the trading commission. If you are just adding to one position or the other that is a different story and I would go with this one because of the guaranteed div return.
GLTY and don't worry they will both pay off this year.
GLTA ARX BULLS
prested wrote: Good place to be. If only Vermillion could match the performance!