RE:RE:RE:RE:RE:RE:Another Day: Oil price Up, ENB DownHey Leo
Just calling them like I see them.
Beauty of a comment on the dough front.
Happy New Year and all the best in 2021
Sarge
leo101 wrote: hey sarge, you're too kind. i haven't done much other than tread water since the pandemic hit.
what's better than having a lot of money?
not needing a lot of money.
SargeX wrote: Hey Leo
How she go?
I'm honoured to be mentioned as being in the same investing league as you as I know how well you;ve done and what a great investor you are.
I was also initially bummed out about ENF but after I thought about it for a while, I was actually quite happy about it as I think getting all the subs pulled in was a good move and I'm very confident that ENB will do very well in the long term.
I'm planning on holding on to all of our midstreamers for at least another 5-10 years. I really think people have it all wrong on the mid term viability of renewables and are going to wake up and realize that there's major issues and that oil & gas is going to be needed for a long time to come.
Take her easy and keep up the good work
Sarge
leo101 wrote: hey sarge, i was pretty bummed out when enb took back my enf. enf had a way better balance sheet and i'm sure that the price would be sky high today with the all the love being shown to renewables. when pipelines and midstreamers return to favor i plan on lightening up.
SargeX wrote: As usual, I totally disagree with you on ENB being the wrong stock to pick. I actually quite like our entire ENF/ENB experience and am very confident that it will get even better.
I like it so much that it is one of three stocks I recently bought for the grandkids.
We originally got into ENB with the ENF roll-up. I;m happy to report that we made a very tidy $40k profit in the 5 years we held ENF.
I checked out our total return including dividends on ENB since the 2018 roll-up and we are up another $7.2k. Very nce considering we are near a bottom with the current stock price.
I still can't understand why you wouldn't just sell and move on. It really is what any normal investor would do when they are this unhappy with a stiock. I guess it keeps reaffirming how inexperienced an investor you really are. :-)
FreeAtFiddy wrote: And under 41 bucks she goes. Man, shareholders of ENB sure picked the wrong horse didn't they ! Like What The Fcuk ????????
John SP Wrote :"Another day, WTI up 1%, ENB down 0.5%.
At this rate in 6 months new buyers of ENB will be getting a 12% YOC.
Lucky them, I'll still be at 8% YOC as bought higher, ho-hum. "