RE:RE:RE:RE:Have ya'll looked at sedar?? As far as O&G stocks go, the last time I checked, there was no better bargain out there than YGR., trading well below its net asset value per share of $4.47. Their debt is being repaid down and dividends are imminent (likely to be declared next quarter). There seems to be a very rich shorter out there with an irrational beef against YGR at over 5 million shares shorted (an all time high for that matter). I suspect the dividends will correct his view point like a sledge hammer to the head. The short squeeze shall be exhilarating when it happens, to put it lightly. (not if, but when).
There could very well be another bargain similar to YGR these days out there somewhere, but I doubt it.
YGR makes money. Even in 2020 (I think they might have been the ONLY O&G producer to turn a profit in that year). They have increased their NAV per share year over year over year, ever since 2016. Crazy impressive for a shale oil and gas producer, imo.
It may look like you'll be buying at the top, but believe me, it's nowhere near that. Not even close.
Bananahanger wrote: So what would you buy today? I have a lot of money just sitting from ATH, GXE and iPO profits. With oil at 110, there has to be something worth buying.