GREY:WFREF - Post by User
Post by
straightbullon Jan 12, 2015 2:27pm
263 Views
Post# 23310390
Change of plan….
Change of plan….I previously planned to initiate a position when they eliminate the dividend, but they only reduced the dividend. I'm glad I did not followthrough on my plan despite the SP increasing after the reduction in dividend. It is very apparent that WTI has more room to drop, and those in control intend to let it drop much further. It seems $40 is quite possible. It may be better to wait for further drop in WTI before initiating a position in LRE. I may be able to jump in at a buck. It pays to have patience. GLTA.