Compare HOD to the TSX If you look at the 5 year chart for both TSX and HOD the first major change was in 2020 when the TSX nose-dive to or around 11400 from 18000 starting Feb 20th to Mar 25th and at that point HOD went up to $90 per share even a quick bump to $135 so this proves that HOD moves regardless where the TSX is at and during that same point the price of Oil went down to or around $20 bbl, My point is that HOD thrives in the worse conditions and we're heading now to the same parallel due to a recession. You'll make money while every other stock is in the gutter but just how low will the TSX or Oil go? It's all new territory but it will happen! Just imagine buying even as little as 50,000 shares at todays price of $2.20 and holding them till Oil trades at Jan 14th price of $50 your HOD SP would be around $30 you would of made around $1,400,000 "Profit" so if Oil goes down to $90 bbl like Feb this year HOD was around $6 a share you would of made $190,000 "Profit" and $90 Oil is very doable, Buy and Hold and if this recession has Oil down to $50 go pick out a new house, so could you imagine buying 100,000 shares today? And thats why they say that you can become a millionaire with no experience in picking stocks plus all of the stocks are losing value daily as the TSX and DOW prices are heading for a recession and this is a fact!
"BUY & HOLD" Right now because of the high Oil prices HOD shares are at a all time low and this opportunity has only happened once!
HOD 5yr chart TSX 5yr chart