GREY:WFREF - Post by User
Comment by
99999goldon Dec 09, 2014 12:12pm
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Post# 23210829
RE:Well Baytex slashed there dividend by 60% stock is up
RE:Well Baytex slashed there dividend by 60% stock is upbarneyj44 wrote:
6% as I type this, maybe not all doom and gloom like fools gold predicts.
read my comments but let reiterate - when LRE eliminate the dividend it'll bump by 15-20% from when they announce it but it'll be short live, the underlying commodity still needs to trade higher.
you're touting a 6% bump today while it has lost by how much? did you buy it then on where it was prior to the 6% bump?
BTE and all other oil/energy will trade down by another 15% between now end dec 24 - buy it thereafter.