RE:RE:THIS IS TERRIBLE The Boards don't like ot hear this balancing message, the Recency Fallacy is strong with them. It's only been a couple of months, and there is still much damage to repair.
I'm still long and strong, just not expecting a run-up similar to mid-2020 to happen tomorrow.
And if I hear one more person whining about dividends ...
Citizen13 wrote: Energy stocks will only acheive their deserved value when the commodity stays high and stable for years . At least 5 years . I ask you all, how many times have we been burned by the oil market ? Just since 2014. Some of these CDN stocks went down 95% . I wince when I hear Nuttall brag his fund has gone up 200% . From what ? A 95% drop. He has made numerous costly mistakes in the last 8 years . Canada bad, drillers good, sand guys good. Oh wait , that all failed. Now Canada great , USA bad. Nobody knows what's going to happen next. Just a couple of years ago they said $ 100 oil will never in our lifetime happen again. LOL. Stable commodity price , cash back to shareholders, buybacks is key. Even when they do this , it'll be a slow escalator up. Any minor bad news and we'll be an elevator on steroids down again. I hope that these guys can get debt free . If they acheive that they can still make oodles of money at $ 50 oil. Lets hope.