RE:RE:RE:RE:RE:RE:RE:Sold a large chunk. Thanks Pottsy your honesty is refreshing to say the least. I expect a runup to the ex-div date so have little doubt that you will be able to trade out at the divy rate of $.06 or higher before then. If I do not get that $6.80 low before that I won't bother trying to buy pre-ex-div and will let my core collect it and keep the powder dry for another day maybe even another stock.
Any chance you have some leftover trading dough to average your position down a little or are you rolling the dice on the whole enchalada so to speak?
FYI my powder for a swing is only about 40% of my core CJ position already invested.
GLTY and all
Pottsy wrote: It has bounced back to $7.02 as I write this. I bought back in yesterday at 7.06 but kept in today I got "error" so do nothing. There are 2 camps. Goldman S says second half of the year will see oil to $90 plus. But the other camp is saying increased non OPEC countries cranking up output plus the China risk which seems to becoming worse. My take, oil will bounce as usual, good for traiding, and NOT dive instead stay around $80 - $90.. all a risk though based on other world events. P