RE:RE:RE:RE:The more "green" nonsense the higher oil goesYou keep displaying a lack of truth and understanding. Pretending to be something you are not in a forum is a popular past time I realize, however I've never understood why anyone beleives they fool anything more then themself.
Konaboy wrote: So I went down a couple hundred in March 2020 myself, at which point I completely re-evaluated my portfolio and plan going forward. I'm happy to say that I'm way ahead of things a year and a half later. And I'm happy to say that I expanded my horizons and walked into a whole bunch of new rooms, and walked away from a bunch of companies whose foundations had been knocked out from underneath them.
Investor style and commitment aside, the issue at stake is the sustainability of these companies going forward. Many here like to talk about how they are long term investors, yet they go on about short-term paybacks. These are conflicting goals. If you need income, move to a more conventional dividend stock.
Just my view that E&P's are public enemy number one, and if they do not build a fortress, they will be destroyed, along with our investment. I practice the same approach with my personal finances ... passing up on the nicest of everything I raced to the debt free line. Now I don't put up with any sh*t from banks, I tell them what to do for me.
In terms of commitment, I had the displeasure of burying my father mid-covid, and the small-town house netted the grand sum of $110K. I'm currently in for multiples of this.