Post by
zalmonella on Apr 15, 2024 12:26pm
Mr. Market can stay crazy...
...longer than you can stay solvent.
I'm surprised at the size of the dip since the earnings. Had I known Mr. Market would go on a 2-week bender, I would have taken some profit the last day before the divvy came due and bought back in at a 10% saving. It may have been a little in advance of itself, but back to the $40s is too low. Nearly all the debt is long and not due to be refinanced too soon, earnings are ever increasing, growth in the US, and the first year of earnings on the CGX will be a stimulus.
It's the biggest one in my portfolio having been acumulating since last year's lows.