RE: RE: RE: RE: RE: Analyst Recommendation Investment is a strange game that you could love or hate the very same stock. The difference is all because of the timing of your own entry price.
Take WCP for instance. If you managed to get in when it hit its 52 week low of $5.79, you're looking at a gain of $3.12 (Friday's close of $8.91 - $5.79), or 53.9%, plus a 10.4% yield on the dividend ($0.60 / $5.79). What a great investment! Conversely if you get in at the 52 week high of $10.77, you're looking at a loss of $1.86 or 17.3% while getting a so so dividend 5.6%. Timing is everything in this game.
It's funny that I also sold MMT previously due to the very same pipeline concern you have. I bought it back after the pipeline was restored (though only half of the shares I used to own). I was overweight on it previously anyway. I don't buy that Nigeria political risk nonsense. That country has only one product that supports its economy. Sure the political system is unstable but whoever in charge always understand oil is the country's life line and oil will always flow as a result. There is only one danger of course - if the government decides to nationalize the oil industry. If they do that they will be the outcast of the world. Who would buy their oil? None of the western alliance countries for sure. I'm sure they would just look at Iran and tell themselves it's a bad idea.
The only political risk countries are those driven by ideology, like Ecuador. I would never invest a cent in that country regardless. The left wing government there is totally ideology driven. The country is rich in minerals and energy as well, but due to environmental belief they pay lip service to mining and energy developments and put up all kinds of legal and regulatory barriers on foreign mining and energy investments. Stay away from it. By comparison, Hugo Chavez in Venezuela may be crazy but he comes across as a liberal moderate when compared to that loonie Rafael Correa that runs Ecuador.