GREY:TBTEF - Post by User
Comment by
Jmarks1on Jul 17, 2014 1:46pm
313 Views
Post# 22756229
RE:Ask yourself.....
RE:Ask yourself.....Don't forget it is discounted for good reason. Until we know the total extent of decline rates announced and the results from horizontal drilling this stock will likely drift lower.
Regardless of current numbers the company needs to show positive movement going forward. Since the divvy is north of 10% there is going to be pressure on the stock and possibly the divvy itself.
(It's safe for the yr. as per management).
Having said that this is the only oil stock I've added to my portfolio this month, trusting management on this one :)