Post by
ronz on Jan 18, 2024 9:15pm
This is a good investment for the price
The stock is well held by insiders and wealthy investors. I definitly trust the smart money here and I'm very confident as this was a penny stock when I bought heavily so I am extremely comfortable while the company navigates through the wild oil markets we have encountered over the past few years.
This is one of my all time favorites and will continue for many more years. Honestly I feel this will become a target of a takeover or a merger eventually, but even if it doesn't I am happy with this investment.
Comment by
loopsbutterfly on Jan 20, 2024 5:21pm
I do agree for a takeover or a merger eventually. Far too much insiders on the buy side for a reason since last 2 years.
Comment by
macdj on Jan 21, 2024 2:31am
Is the dividend going to be cut. What is the payout ratio?
Comment by
JayBanks on Jan 21, 2024 10:13am
Why are we asking questions on a message board for information that can be found in 30 seconds on a Quarterly report?
Comment by
macdj on Jan 21, 2024 10:40pm
True that! JayBanks Even better just go back on the message board and read some of the great opinion posts that had just been written about the dividend. It looks like the oil price needs to hold above the $70 range.
Comment by
loopsbutterfly on Jan 25, 2024 8:36am
Yes and further more developments will push the stock to the next level wti is holding strong....good for us