GREY:TBTEF - Post by User
Post by
akragason Dec 10, 2014 9:00pm
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Post# 23217687
Is anyone really surprised
Is anyone really surprised
that some people are buying more shares. Whether averaging down or buying at a discount, IMHO, this is a no brainer. Contrarian investing takes courage and intuitiveness. Oil is a commodity that everyone needs. These prices cannot, and will not, stay this low forever. When they rise again, those who panicked will want to kick themselves. Tbe is a solid oil producer with a solid balance sheet, proven track record and a responsible management team. The very fact that they edged the dividend, into the foreseeable future, tells me they saw this coming and took precautionary measures to protect their investments / investors. As for me, I've been collecting a sizeable dividend for well over a year now. No panic here. This is a great time to get in and reap rewards down the road. GLTA